PALO ALTO, California, October 24 /PRNewswire/ --

- Taiwan Convenience Store Giant Chooses TIBCO BusinessWorks(TM) and
TIBCO Enterprise Message Service(TM) for its Integrated Real-Time Transaction
Platform

TIBCO Software Inc. (Nasdaq: TIBX) today announced that President Chain
Store Corporation, Taiwan's largest convenience store operator, has adopted
TIBCO BusinessWorks(TM) and TIBCO Enterprise Message Service(TM) as the
platform on which it has integrated its billing collection services.

President Chain Store Corporation, who is the sole licensed operator of
the 7-ELEVEN franchise in Taiwan, offers bill payment services for a number
of nationwide institutions and enterprises, including the Parking Management
Office, Traffic Adjudication Office, telecom service providers and banks,
through its 4,622 outlets across the country. Using TIBCO BusinessWorks
integration software and Enterprise Message Service(TM), the company has
created a real-time data exchange platform to process these bill payment
transactions almost instantly. Previously, the transaction took one full
working day to conduct as they were batch processed.

Apart from accelerating the transaction process and ensuring timely
delivery and response of payment information for both paying consumers and
authorizing institutions, the new platform has provided President Chain Store
Corporation with the flexibility to expand its bill collection services and
explore new business opportunities through the power and agility of the TIBCO
solution.

TIBCO BusinessWorks and Enterprise Message Services also offered the
benefits of reduced manual reconciliation due to transaction errors and
faster real-time transaction report generating.

"We chose TIBCO's integration and enterprise messaging software because
of its reliability, ease of development and maintenance, comprehensive
features and excellent follow-up support," said Winnie Liang, division
manager, CVS solutions division, President Information Corporation Taiwan,
the subsidiary of President Chain Store Corporation which was commissioned to
implement the project.

Highlighting the agility afforded by TIBCO BusinessWorks and TIBCO
Enterprise Message Service, Chia-hua Chang, director, business and systems
planning department, President Chain Store Corporation Taiwan, said: "Using
TIBCO's event-driven SOA platform, it only takes 2-4 weeks for us to bind a
new institution to our bill collection services and market the new billing
option. This ability to launch new services quickly has enhanced our
competitive edge."

Murat Sonmez, executive vice president, Global Field Operations, TIBCO
said TIBCO solutions were a logical choice for President Chain Store
Corporation given their proven track record. "We are honored that President
Chain Store Corporation has chosen TIBCO solutions for its bill collection
services platform. Reliability, security and cost-effectiveness were critical
factors in President Chain Store Corporation's evaluation of infrastructure
solutions. These are areas in which TIBCO has consistently helped its clients
achieve goals, as proven by our success in developing real-time data
platforms," Murat Sonmez said.

About President Chain Store Corporation

Founded in 1978, President Chain Store Corporation is the sole licensed
operator of 7-ELEVEN convenience stores in Taiwan with more 4,600 outlets
nationwide. Over the past 20 years, President Chain Store Corporation has
developed into a group with more than 30 affiliated companies and diversified
business interests encompassing retailing, logistics, manufacturing and
information systems. For more information about President Chain Store
Corporation, go to: http://www.7-11.com.tw.

About President Information Corporation (PIC)

Founded in 1997, PIC is an affiliated company of President Chain Store
Corporation Group. PIC provides total IT solution services for the Group
which are including developing/maintaining business application systems,
server hosting service, 7/24 Operation service and networking service, etc.
By providing the total IT solution services for the Group, PIC supports all
the affiliated companies to develop their business rapidly.

For more information about President Information Corporation, go to:
http://www.piinet.net.

About TIBCO

TIBCO Software Inc. (Nasdaq: TIBX) 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 TIBCO logo, The Power of Now, TIBCO Enterprise Message
Service, TIBCO BusinessWorks 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.

Web site: http://www.tibco.com
              http://www.7-11.com.tw
              http://www.piinet.net