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Department of Homeland Security Licenses TIBCO Software in Multimillion Dollar Deal(October 26, 2011)
PALO ALTO, CA -- (Marketwire) -- 10/26/11 -- TIBCO Software Inc. (NASDAQ: TIBX) today announced a multimillion dollar transaction by the Department of Homeland Security (DHS) for TIBCO software products. TIBCO technology will be used by DHS's National Protection and Programs Directorate's National Cyber Security Division to protect and defend the federal executive branch civilian networks -- also referred to as the dot-gov domain.
DHS efforts are focused on enhancing the cyber security posture of the nation by improving their capacity to prevent, identify, respond to and recover from cyber threats. President Barack Obama has described the networks as "strategic national assets" and called the growing number attacks on these networks "one of the most serious economic and national security threats our nation faces."
DHS will leverage technology currently deployed within other government agencies along with TIBCO's platform to fulfill its mission to protect and defend the federal executive branch civilian networks.
"TIBCO's technology is the perfect platform for protecting the civilian agencies dot-gov domain," said Dick Martin, president, TIBCO Software Federal, Inc. "Building a real-time event notification solution for the detection of threats and unforeseen attacks will help the DHS achieve its goals and leverage its current developmental efforts."
TIBCO Software Inc. (NASDAQ: TIBX) is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. Whether it's optimizing claims, processing trades, cross-selling products based on real-time customer behavior, or averting a crisis before it happens, TIBCO provides companies the two-second advantage -- the ability to capture the right information at the right time and act on it preemptively for a competitive advantage. More than 4,000 customers worldwide rely on TIBCO to manage information, decisions, processes and applications in real time. Learn more at www.tibco.com.
TIBCO, two-second advantage, 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.
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