http://www.fast.no/company/press/tibco.html
Recall that FAST search fuels http://www.alltheweb.com/ ........ if
only they'd have the guts to make this a platform, and put in an
event-processing core to provide value-in-the-middle, then I might go so
far as to call this effort Internet-Scale. As it is, it's yet-another-
content-service-without-network-effects. Internet-Scale event
notifications should be the building blocks of *community*; an event
that is just a glorified interrupt is not truly Internet-Scale.
> ----------------------------------------------------------------------
TIBCO and FAST to Develop Real-Time Information Search and Alert Service
for Millions of Users
Delivers personalized real-time news, stock prices, sports and weather
alerts to PCs, cellular phones and pagers
Palo Alto, CA and Boston, MA -- May 14, 1999 -- TIBCO Software Inc. and
Fast Search & Transfer (FAST) today announced an agreement to
develop and market a new range of products for real-time information
delivery. The new products, which are expected to be available later
this year, will enable the delivery of real-time data and alerts to an
array of advanced consumer devices, including PCs, cellular phones,
pagers, personal digital assistants, and other mobile devices.
The new system combines FAST's search and real-time content filtering
technology with TIBCO's real-time information delivery system to provide
consumer alerts and data on virtually any topic to virtually any device.
Once completed, the service will be offered through TIBCO's TIBCO.net
( http://www.tibco.net/ ) and through agreements with major service
providers.
"The market for personalized information delivery is expanding rapidly,
so we wanted a partner that could provide real-time search to millions
of users," said Tugrul Firatli, Vice President, Networking and
Telecommunications Solutions, TIBCO Software Inc. "This agreement will
enable us to combine our technologies to create scalable solutions for
telecommunications and other infrastructure companies. In addition, we
plan to build specialized solutions based on FAST search technologies
that will provide large corporations with better decision support
systems, and that will integrate image and video for an exciting
consumer experience."
TIBCO offers the most complete application integration and real-time
information delivery solutions available today," said Espen Brodin,
president and CEO of FAST. "By utilizing TIBCO's Internet technology,
we will be able to deliver the results of our unique real-time
information search and content filtering to millions of consumers. With
TIBCO's new alert service, anyone with a desktop or portable PC,
cellular phone, pager, or personal digital assistant will have access to
unprecedented real-time alert capabilities.
About Fast Search & Transfer ASA
Fast Search & Transfer ASA, headquartered in Oslo, Norway, and with US
and UK subsidiaries, is a high-technology research and development
company delivering advanced and innovative search and image/video
compression technologies for Intranets, extranets, and the Internet. The
company develops and markets fully scalable cost-efficient software and
hardware, ranging from small and mid-size solutions to solutions for the
large Internet content providers and media companies. Applications
include the world's largest search engines for structured and
non-structured text and the highest performance image compression
technology available for the Internet. FAST is traded on the OTC market
in Oslo, Norway. For more information about FAST, visit
http://www.fast.no/
About TIBCO Software Inc.
TIBCO Software Inc. is a leading provider of software solutions that
enable businesses to integrate internal operations, business partners,
and customers in real-time. Through our products and services, we enable
computer applications and platforms to communicate efficiently across
networks, including the Internet. Our TIB/ActiveEnterprise(tm) 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 or TIB.. TIB technology
was first used to "digitize" Wall Street in the 1980's and has since
been adopted in diverse industries, including manufacturing, energy,
telecommunications, and electronic commerce. TIBCO Software's global
client base includes Cisco Systems, 3Com, NEC, Bechtel, Philips,
PageNet, Netscape and Yahoo!. Headquartered in Palo Alto, California,
TIBCO Software can be reached at (650) 846-5000.
Beer is proof that God loves us and wants us to be happy.
-- Benjamin Franklin