TIBCO Software and Entrust Deliver Trusted B2B E-Commerce Solutions.

Business Editors

DALLAS & PALO ALTO, Calif.--(BUSINESS WIRE)--May 1, 2000

Entrust Technologies Inc. (Nasdaq:ENTU); TIBCO Software Inc. (Nasdaq:TIBX)

Entrust Market-Leading Solutions to Secure Transactions for TIBCO 

Customers; Entrust Preferred PKI Vendor for TIBCO

Entrust SecureSummit 2000--Entrust Technologies, Inc. (Nasdaq:ENTU), the global leader in solutions that bring trust to e-business, and TIBCO Software Inc. (Nasdaq:TIBX), a leading provider of real-time infrastructure software for e-businesses, today announced a definitive agreement to deliver trusted solutions to secure business-to-business (B2B) transactions and communications for TIBCO's e-business infrastructure customers.

TIBCO will bundle Entrust's market-leading security software with its TIBCO ActiveExchange(TM) B2B e-commerce platform. This collaboration and integration of solutions enables TIBCO to deliver trusted B2B solutions to its customers, while further positioning Entrust as a leader in B2B security.

"The TIBCO ActiveExchange family of real-time infrastructure products enables our customers to directly integrate with other enterprises or through e-marketplaces," said Fred Meyer, vice president of product management for TIBCO Software. "Our customers need a proven and scaleable security solution that will protect the high value and volume of their B2B transactions. We are pleased to have integrated Entrust's market-leading security with our best-of-breed solutions for B2B e-commerce."

TIBCO ActiveExchange leverages TIBCO's ActiveEnterprise(R) technology to create a B2B platform that rapidly enables enterprise hubs and e-marketplaces to connect suppliers, distributors and partners. TIBCO technology brought electronic information and trading systems to Wall Street, and has since provided the infrastructure behind the majority of the world's financial markets and institutions. TIBCO currently provides the infrastructure software that helps power the world's leading B2B and Internet portals including Yahoo!, Ariba, AltaVista, mySAP.com, CBS SportsLine, SingleSourceIT.com, Chemdex and Altra. Similarly, TIBCO ActiveExchange allows organizations to smoothly integrate their business processes with those of other players in the e-marketplace.

By integrating the Entrust/Toolkit(TM) Java(TM) Edition, a component of Entrust XML Solutions, into the TIBCO ActiveExchange product line, TIBCO customers will be able to add accountability and confidentiality to their B2B transactions and XML documents. This trust foundation enables an increase in the value and sensitivity of information that can be shared over the Internet, allowing customers to speed their time to market and reduce implementation costs.

TIBCO customers will also be able to take advantage of seamless integration with Entrust/PKI(TM) 5.0, a managed PKI solution that enables organizations to conduct trusted e-business by allowing users to easily encrypt, digitally sign, and authenticate electronic transactions across all applications with best-in-class security, flexibility, ease of use and low cost.

"B2B is all about making business relationships more efficient and more profitable--while moving at high speed. TIBCO ActiveExchange customers will benefit from the ability to exchange valuable, mission-critical information backed by proven levels of trust and accountability, " said Nigel Johnson, vice-president, B2B strategic market unit, Entrust Technologies, Inc. "We are pleased that TIBCO has joined forces with Entrust as we work to make it safe for organizations to do business over the Internet."

Business-to-business e-commerce is expected to climb from $145 billion in 1999 to $7.29 trillion in 2004*. As B2B e-commerce becomes the preferred method of global business, it will increasingly require the same authorization, audit, signature and receipt controls currently utilized in traditional business processes. As a leading e-business infrastructure provider, TIBCO recognizes this need and has partnered with Entrust to offer additional levels of trust to customers of its B2B e-commerce products, helping to facilitate and accelerate the growth of this market.

Additional information on Entrust's comprehensive portfolio of products and services for trusted end-to-end e-commerce within the business-to-business, business-to-consumer and enterprise space may be found at http://www.entrust.com/products/index.htm.

About TIBCO Software

TIBCO Software Inc. (NASDAQ:TIBX) is a leading provider of real-time e-business infrastructure software. TIBCO's three product lines--TIBCO ActiveEnterprise(R), TIBCO ActiveExchange(TM) and TIBCO ActivePortal(TM)--enable businesses to integrate enterprise applications, interact with other businesses in B2B commerce, and efficiently deliver personalized information through enterprise portals. TIBCO's products enable the real-time distribution of information through patented technology called The Information Bus(R), or TIB(R). TIB technology was first used to digitize Wall Street and has since been adopted in diverse industries including telecommunications, electronic commerce, manufacturing and energy. TIBCO's global client base includes more than 600 enterprise customers from around the world such as Cisco Systems, Yahoo!, Ariba, NEC, 3Com, Sun Microsystems, SAP, Philips, AT&T and AOL/Netscape. Headquartered in Palo Alto, California, TIBCO can be reached at [phone] or on the web at www.tibco.com.

About Entrust Technologies

Entrust Technologies Inc., is the global leader in solutions that bring trust to e-business relationships by securing business-to-business (B2B), business-to-customer (B2C) and internal enterprise transactions and communications. Entrust Technologies pioneered public-key infrastructure (PKI) and digital certificate solutions that provide security for business transactions and communications over the Internet. Through its innovation, vision and industry-leading security expertise, Entrust Technologies is uniquely positioned to capitalize on the explosive growth of the e-business market. Entrust Technologies Inc. is headquartered in Plano, Texas with worldwide offices and distributors across North America, Asia and Europe. For additional company information please visit www.entrust.com.

*Source: Gartner "Triggering the B2B Electronic Commerce Explosion", 01/00

Entrust is a trademark of Entrust Technologies Inc. in certain countries. Entrust is a registered trademark of Entrust Technologies Inc. in the United States and certain other countries. In Canada, Entrust is a registered trademark of Entrust Technologies Limited. All Entrust product names are trademarks of Entrust Technologies. All other company and product names are trademarks or registered trademarks of their respective owners.

TIBCO, TIBCO ActiveEnterprise, TIBCO ActiveExchange, TIBCO ActivePortal, The Information Bus and TIB are trademarks or registered trademarks of TIBCO Software Inc.

Legal Notice Regarding Forward-Looking Statements: This release may contain forward-looking statements regarding TIBCO's business, customers or other factors that may affect future earnings or financial results. Actual results could differ materially from those projected in such forward-looking statements. 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 registration statement on Form S-1 which was filed with the SEC on February 29, 2000, and the most recent reports on Forms 10-Q and 10-K, 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 www.sec.gov. TIBCO assumes no obligation to update the forward-looking statements included in this document.