Leading Insurer in Korea Turns to TIBCO® Staffware Process Suite to Automate
Operational Activities

PALO ALTO, Calif., – March 30, 2005 – TIBCO Software Inc. (NASDAQ: TIBX), a leading enabler of real-time business and the world’s largest independent business integration software company, today announced that ING Life Korea, one of the fastest growing insurance companies in Korea, will be using TIBCO® Staffware Process Suite, a business process management (BPM) solution, as a key component within ING Life Korea’s Enterprise IT Architecture.

TIBCO Staffware Process Suite allows organizations such as ING Life Korea to coordinate all aspects of a business process, ensuring these processes are executed accurately and efficiently, while providing complete visibility to all activities involved in the execution of every task, in order to automate, rationalize and increase control over key business processes. This solution supports ING Life Korea’s goal of furthering operational advancements by promoting a "process centric" view of IT.

"We evaluated various BPM solutions in the market and selected TIBCO Staffware Process Suite due to its scalable architecture, proven technology, and the core domain expertise that exists within TIBCO," explained Alan Grigg, head of IT architecture department and chief IT architect, ING Life Korea.

"TIBCO is pleased to provide ING with a solution that will enable them to reap substantial business benefits and achieve operational advancements," said Ram Menon, senior vice president, Worldwide Marketing, TIBCO Software Inc. "TIBCO’s solution automates operational activities and enables ING Life Korea to do more with less by championing a process centric view of IT – giving them increased visibility throughout their extended enterprise."

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