WorldStreet Teams with TIBCO Software for B2B Internet Product Delivery; Boston-based ASP Licenses TIBCO's E-business Infrastructure Software.

Business/Technology Editors

BOSTON and PALO ALTO, Calif.--(BUSINESS WIRE)--March 13, 2000

WorldStreet Corporation, a leading Application Service Provider (ASP) for the financial industry, announced today it has signed a licensing agreement for TIBCO's (Nasdaq: TIBX) e-business infrastructure software, TIB/Active Enterprise(R), for B2B Internet product delivery. TIB/ActiveEnterprise is a flexible suite that ties together business processes, applications, data and Internet devices in real-time to create a total business-to-business (B2B) infrastructure.

"As WorldStreet expands its product offerings and grows its customer base, we seek technical solutions and development partners that can fuel our growth," said Bob Lamoureux, WorldStreet's chief technology officer. "By licensing TIBCO's products, WorldStreet gains the leading technical platform to scale our products and increase performance."

WorldStreet will utilize two products from the TIB/ActiveEnterprise suite, including TIB/Rendezvous(TM) messaging software and TIB/Hawk(TM) monitoring software for ongoing product development efforts aimed at the securities industry.

WorldStreet Corporation is the first ASP designed exclusively for the financial industry, delivering dynamic web-based solutions that streamline workflow, content and communication to significantly enhance the productivity of its clients. The company's flagship product, WorldStreet Sales is a web-based customer relationship management application designed to filter real-time market data and financial information through the prism of client interests, providing sell side firms with unmatched workflow, content management and collaborative capabilities for institutional investors.

"WorldStreet has a compelling vision of the financial industry that takes full advantage of Internet technologies," said Bruce Fador, WorldStreet's president and chief executive officer. "By leveraging the TIBCO platform, WorldStreet will quickly bring new innovative products to market that will significantly increase our clients on-line commerce with their customers."

"WorldStreet is again proving its role as a best-of-breed ASP by offering B2B services to the financial sector," said Vivek Ranadive, chairman and CEO of TIBCO Software. "WorldStreet's confidence in TIBCO's industrial strength infrastructure is a testimonial to the stability, scalability and reliability of TIBCO Software."

About TIBCO's TIB/ActiveEnterprise

The core of TIBCO's real-time software infrastructure offering is the TIB/ActiveEnterprise suite, designed for building a complete, end-to-end Internet and enterprise infrastructure that successfully scales to the most demanding business information networks. It provides a real-time e-business integration platform that encompasses data integration and transformation, business process coordination, messaging, enterprise portals and alerting, adapters for legacy, packaged and third-party applications, plus enterprise monitoring and management.

About TIBCO Software

TIBCO Software Inc. (Nasdaq: TIBX) is a leading provider of real-time infrastructure software for e-business. TIBCO's products and services enable computer applications and platforms to communicate efficiently across networks. The TIB/ActiveEnterprise(R) product suite facilitates the distribution of information and integration of business processes by connecting applications to a network through patented technology called The Information Bus(R) or TIB(R). TIB technology was first used to "digitize" Wall Street and has been adopted in diverse industries, including manufacturing, energy, telecommunications, and electronic commerce. TIBCO Software's global client base includes Cisco, Yahoo!, NEC, 3Com, Sun Microsystems, SAP, Philips, AT&T and AOL/Netscape. Headquartered in Palo Alto, California, TIBCO Software can be reached at [phone] or on the web at www.tibco.com.

About WorldStreet Corporation

WorldStreet Corporation is an Applications Service Provider (ASP) focused exclusively on the financial industry. Our mission is to provide competitive advantage to our clients by creating online. business-to-business financial communities that increase revenue, improve customer satisfaction and build brand loyalty for our clients. WorldStreet delivers dynamic, web-based solutions that streamline workflow, content and communications for financial industry professionals and their clients. Our understanding of the workflow of financial industry professionals, along with our experienced development team, enables us to meet our clients' needs so they can focus on their core business.

WorldStreet's customers include leading global investment banks Deutsche Bank, ING Barings and J.P. Morgan. The industry's leading financial content providers are WorldStreet's content partners, including BigCharts, CNBC Dow Jones Business Video, Comtex, Dow Jones, EDGAR Online, First Call, Hoover's, Interactive Data, Market Guide, Reuters, Standard & Poor's ComStock and Technimetrics. Industry innovators in the financial information, financial services and high technology fields lead the company. WorldStreet on the Web: http://www.worldstreet.com.

TIBCO, TIB/ActiveEnterprise, TIB/Rendezvous, TIB/Hawk, 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 declared effective by the SEC on July 13, 1999, 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.