Xignite Teams With TIBCO to Simplify and Accelerate the Development and Deployment of Web Applications

April 2, 2007; 02:56 AM

TIBCO Software Inc. and Xignite, the leading pure-play provider of financial web services for mission-critical corporate applications, today announced the availability of tibco.xignite.com, a feature rich Web-based solution that demonstrates the power of reusing asynchronous communications, JavaScript, and XML (AJAX) components and Web services to enable organizations in the financial services industry to quickly and easily develop and deploy composite applications. The integrated solution combines TIBCO's AJAX and Rich Internet Application (RIAs) development framework -- TIBCO General Interface(TM) -- with Xignite's financial Web services.

"By combining the power and breadth of our Web services with the client functionality of TIBCO General Interface, businesses no longer have to labor over building custom applications from scratch, but can use reuse existing components to save time and money," said Stephane Dubois, CEO of Xignite. "Furthermore, developers will welcome this flexibility and the chance to see immediate results from the creation and deployment of their feature-rich applications."

Financial events in markets, such as a Fed change in the interest policy or a spike in oil prices impact every financial professional and business around the world. The technology offerings from Xignite and TIBCO enable organizations to source financial data to effectively make mission-critical decisions. For users, tibco.xignite.com exemplifies how for example a day trader could quickly mine through a myriad of securities data to create extensive investment watch lists and view timely news and trend charts with drag and drop ease. In addition, it allows users to perform sophisticated searches based on fundamental characteristics of securities and more all through a single, feature-rich Web page that loads in seconds, but has the look and feel of a desktop application.

"This collaboration demonstrates a viable approach for dramatically simplifying and accelerating the adoption and use of AJAX and SOA technologies," said Ram Menon, executive vice president, Worldwide Marketing, TIBCO. "It is also a perfect example of how we continue to afford businesses the opportunity to see greater efficiencies, cost savings and productivity in real-time."

The solution is based on more than a decade of experience in Web services, RIA and AJAX. To experience and learn more about the technology offerings from Xignite and TIBCO, please visit: http://tibco.xignite.com/.

About Xignite

Xignite (pronounced "x-ignite") is the leading pure-play provider of financial web services for mission-critical corporate applications. As a pioneer in the field, Xignite offers the broadest integrated suite of financial web services available today on an on-demand platform, with more than 35 solutions covering market quotes, news, corporate data, industry information, analytics, tools and more. Xignite powers mission-critical applications for portfolio management, sales management, trading, investor relations, corporate portals, executive dashboards, analytical engines and more. Xignite serves more than 220 clients, including Ameriquest, GE Commercial Finance, Goodyear, ING, McDonald's, Marsh & McLennan, Starbucks, and Wendy's. For more information, please visit http://www.xignite.com/.

About TIBCO

TIBCO Software Inc. provides enterprise software that helps companies achieve service-oriented architecture (SOA) and business process management (BPM) success. With over 3,000 customers, TIBCO has given leading organizations around the world better awareness and agility-what TIBCO calls The Power of Now(R). To learn more, contact TIBCO at +1 650-846-1000 or on the Web at http://www.tibco.com/.

TIBCO, The Power of Now, TIBCO General Interface and TIBCO Software, are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.