Teknekron Introduces New Transaction Express Software for the Enterprise; Breakthrough Feature Set Enables Messaging Consistency Enterprise-wide.

PALO ALTO, Calif,--(BUSINESS WIRE)--Feb. 20, 1996--Teknekron Software Systems Inc., a market leader and pioneer in next generation client-server software tools, today introduced a new enterprise module for the Transaction Express communications software platform which provides a unique set of features for integrating and managing global transaction workflows.

(Editors note: The company announced that it will change its name to TIBCO Inc. from Teknekron Software Systems Inc. See Feb. 13-dated release "Teknekron Announces Record Earnings; Changing Its Name to TIBCO Inc.")

The new module, named Enterprise Transaction Express, allows corporate users to react more rapidly to market and business developments by giving them a single communications network and transaction management services that supports all data types.

For example, in financial services, Enterprise Transaction Express can be used to tie in a company's front office trading system with the middle and back offices to provide real-time data transmission to such mission critical applications as trade capture, position keeping, risk management, settlement and accounting services.

"Enterprise Transaction Express solves the architectural problem of message consistency for the delivery of all types of data with the creation of a standard data bus and transaction services that feeds the front, middle and back office," said Vivek Ranadive, chief executive officer and president of Teknekron.

"Unlike database or mainframe centric solutions which are slow and create bottlenecks, our approach supports an organization's workflow and allows a company to work efficiently and flexibly as a consolidated group of offices that can act in real-time to market changes while guaranteeing the delivery of information."

Enterprise Transaction Express is the latest addition to a family of transaction management services for the Enterprise Toolkit. Its publish and subscribe based messaging guarantees delivery of information between applications on large, dynamic data-intensive networks.

The new module, which is optimized for data transmission (asynchronous communications) to mission critical applications enterprise-wide adds a critical new feature set including: workflow monitoring and scalable administration capabilities; full wide-area network support and simplified set-up procedures; new industry-standard KERBEROS security features and standards compliance for data protection; and integration with database transactions.

A leading financial institution is implementing the new Enterprise Transaction Express module to guarantee the delivery of a variety of data across hundreds of databases on a global wide area network. The company has a vision of an enterprise-wide information processing architecture that adds value to information and not simply speeds information around the world on electronic highways.

The company turned to Teknekron because it is the only company with the products and expertise to build a scalable, industrial strength messaging infrastructure.

Transaction Express and its transactional services are based on a distributed, modular architecture. As a result, a key feature of Transaction Express is its scalable administration and scalable workflow monitoring capability, which provides the network manager with a complete and real-time view of all workflows on the network.

Administrative information resides on the network in the form of an object model that describes the subject, applications, user groups and nodes and is accessible from the administrator's graphical user interface (GUI).

The GUI provides for simplified configuring, monitoring and maintaining of the Transaction Express network and messages. The Transaction Express console can be used to browse all of the message stores, locate messages, trace their path and determine the status of delivery.

The Transaction Express console also provides traffic information and allows administrators to perform routine administrative tasks.

Its multiple point-to-point publish and subscribe technology allows for faster, simpler modification. Through dynamic discovery and console-based features, managers can make changes at the administrative level, rather than modifying individual applications.

Data delivery is guaranteed through intelligent internal retransmission, which guarantees delivery of data while controlling costs and conserving bandwidth. Data can be transmitted once over a wide area network, and then distributed to multiple destinations on a local area network, even if the destination node is unavailable or busy.

Other features include X/Open DTP and X/Open Call Level Interface (CLI) standards compliance, support for database transactions and transaction semantics which ensure the persistence of information delivery with commands such as "update database and send out message" or "upload database and process message."

Price and Availability

Enterprise Transaction Express supports UNIX, Windows 95 and Windows NT platforms, as well as Sun Microsystems, Hewlett-Packard and Microsoft Windows 3.1. The Enterprise Transaction Express software node ranges in price from $50,000 to $100,000, depending upon configuration options chosen. The client-side software is $200,000 for mainframe clients; $5,000 for UNIX clients; $2,500 for NT; and $700 for Windows 3.1 clients.

Available in March, the new module may be purchased directly through Teknekron's offices worldwide. For product and ordering information, customers may contact Teknekron's offices in New York at 212/483-0153.

The Enterprise Toolkit

The Enterprise Toolkit enables corporations to develop, integrate and manage mission critical applications, including migrating their legacy applications from mainframe or client-server systems, and build a more flexible and real-time information exchange environment. The Toolkit is a comprehensive suite of platform-independent middleware, including a unique cross-platform object request broker, the TIB (The Information Bus) communications software, and a set of value-added software services.

About Teknekron

Founded in 1985, Teknekron Software Systems Inc. is an international market leader and pioneer in network software tools for building client-server applications that provide real-time information exchange throughout the enterprise.

Patents are held for the publish and subscribe technologies developed by Teknekron which allow for inter-application communications across heterogeneous environments.

The Palo Alto-based company operates as an independent division of Reuters Holdings PLC of London, one of the world's largest news and information companies. With more than 300 customers worldwide, Teknekron sells distributed communications system technology to the commercial marketplace, including manufacturing and telecommunications businesses, and is a premier supplier of trading integration technologies to financial services firms worldwide. -0-

NOTE TO EDITORS: Information Bus, TIB and Reuters are registered trademarks of the Reuters Holdings PLC group of companies. All other company and product names may be trademarks or registered trademarks, of the individual companies and are respectfully acknowledged.

CONTACT: Teknekron Software Systems Inc.

Kathleen Farmer, 415/833-2610

or

Stirling & Cohan Inc.

Cynthia Stirling, 415/513-0972