President Chain Store Adopts TIBCO's Infrastructure Software Platform for Enhancing Bill Collection Service Quality

President Chain Store Adopts TIBCO's Infrastructure Software Platform for Enhancing Bill Collection Service Quality

October 24, 2007

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

    PALO ALTO, Calif., Oct. 24 /Xinhua-PRNewswire/ -- 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 [phone] 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.


    For more information, please contact:

     Cecilia Lau
     TIBCO Software Inc.
     Tel:   [phone]
     Email: [e-mail]

     Ru-I Huang 
     ACCESSUS (for TIBCO Software Inc.)
     Tel:   [phone]
     Email: [e-mail] 
    
     Web:   http://www.tibco.com
            http://www.7-11.com.tw
            http://www.piinet.net