ANN: TIBCO Software Announces Commercial Release of XML Validate

TIBCO Software Announces Commercial Release of XML Validate(tm)

First Commercially Available Validator To Fully Support The W3C XML Schema
Recommendation Provides Enterprise-Level Facilities For Processing XML In A
Run-Time Environment

Palo Alto, CA, 2001 -- TIBCO Software Inc. (Nasdaq:TIBX), today announced
the commercial release of XML Validate(tm), a member of the TIBCO
Extensibility(tm) product family. XML Validate is an enterprise-grade
solution for validating streaming XML documents or messages against an XML
Schema or DTD. This Simple API for XML (SAX)-based implementation for
run-time validation provides organizations with the core component in
developing high bandwidth, XML-based processing. 

This release of XML Validate is also the first commercially available
validator to fully support the World Wide Web Consortium (W3C) XML Schema
Recommendation. The XML Schema Recommendation was released earlier this
month by the W3C, the world-renowned standards body for developing
interoperable Web technologies.

"With its issuance as a W3C Recommendation, XML Schema will provide the
semantic foundation that will enable business relationships to be
articulated, integrated, and automated via the Internet with unprecedented
speed," said Lee Buck, vice president and chief scientist of XML
technologies at TIBCO Software. "TIBCO Software continues to show its XML
leadership with the release of XML Validate as the first commercially
available solution to offer comprehensive validation support for this
worldwide standard."

Key Features

* High Bandwidth and Scalability - XML Validate is a core building block for
creating an e-commerce processing engine for XML documents and messages. As
organizations conduct e-commerce with a growing and global audience, the
processing capabilities of XML Validate can scale to the demand. XML
Validate has the potential of handling millions of transactions per day per

* Run-Time XML Processing - XML Validate can easily be inserted into an
existing XML parsing scenario, enabling validation to occur the instant it
is received by the parser. Because SAX is an event-based API, XML Validate
is the ideal solution in a streaming run-time environment, creating an
enterprise-grade XML processing engine. 

* Full XML Schema Compliance - XML Validate is the first commercially
available product to offer full validation support for the XML Schema
Recommendation from the W3C. This best of class support will facilitate the
creation of XML driven ecosystems based on open-standards. Additionally, XML
Validate supports the validation of DTDs to allow connectivity with
organizations not currently using XML Schema. 

System/Product Requirements and Availability

XML Validate is an SDK and will run on Windows 2000, NT and UNIX platforms.
XML Validate is available on a per server basis and currently available for
delivery. Please contact our sales department at <>
or 919-969-6500 for pricing.

About TIBCO Extensibility

The TIBCO Extensibility product line provides an enterprise class platform
for the development and deployment of XML-enabled e-business applications.
Thousands of customers worldwide are using XML Canon/Developer(tm), Turbo
XML(tm), and to manage the XML development life cycle for
enterprise-wide initiatives. TIBCO Extensibility customers and partners
include leading companies such as Arbortext, BroadVision, Commerce One,
Microsoft, Oracle, and Software AG. For more information on TIBCO
Extensibility products and services see our websites at and Or contact TIBCO
at or 919.969.6500.

About TIBCO Software Inc.

TIBCO Software Inc. (Nasdaq:TIBX) is a leading provider of total business
integration solutions delivering infrastructure software that enables
companies to seamlessly integrate business systems in real time. TIBCO's
products enable the real-time distribution of information through patented
technology called The Information Bus(tm), or TIBŪ. TIBCO technology was
first used to digitize Wall Street and has since been adopted in diverse
industries including financial services, telecommunications, electronic
commerce, transportation, logistics, manufacturing and energy. TIBCO's
global customer base includes more than 1,000 customers such as Cisco
Systems, Yahoo!, Ariba, NEC, Enron, Sun Microsystems, GE Capital, Philips,
AT&T, Pirelli and AOL/Netscape. Headquartered in Palo Alto, California,
TIBCO can be reached at 650-846-1000 or on the web at


TIBCO, TIBCO Software, TIBCO Extensibility, Turbo XML, XML Authority, XML
Instance, XML Console,, The Information Bus and TIB are
trademarks or registered trademarks of TIBCO Software Inc.


Legal Notice Regarding Forward-Looking Statements: This release contains
forward-looking statements regarding TIBCO's business, customers, markets
served and other factors including the ability of its products to meet
customers' expectations, needs or perform as described, or the availability
of products as proposed that may affect future earnings or financial
results. Our actual results could differ in such forward-looking statements.
Reasons for why actual results could differ materially include if products
are unable to successfully meet customers' expectations, needs or perform as
described, or the availability of products as proposed. In addition,
potential customers and customers may choose to purchase products from
another company. Additional information concerning factors that could cause
our actual results to differ materially from those contained in the
forward-looking statements can be found in TIBCO Software's filings with the
Securities and Exchange Commission ("SEC"), including but not limited to its
most recent reports on Forms 10-Q and 10-K filed with the SEC on April 12,
2001 and February 27, 2001 respectively, which identify important risk
factors that could cause actual results to differ from those contained in
the forward-looking statements including limited independent operating
history, history of losses, unpredictability of future revenue, dependence
on a limited number of customers, relationship with Reuters Group PLC, rapid
technological and market changes, risks associated with infrastructure
software and volatility of stock price. Copies of filings made with the SEC
are available through the SEC's electronic data gather analysis and
retrieval system (EDGAR) at TIBCO assumes no obligation
to update the forward-looking statements included in this document.


Andrew Jenkins
TIBCO Software Inc.
919 969-6500

Caroline Phillips
TIBCO Software Inc.
650 846-5697

Received on Monday, 11 June 2001 05:36:19 UTC