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4-Traders Homepage  >  Equities  >  Nasdaq  >  Tibco Software Inc.    TIBX

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Tibco Software Inc. : TIBCO Spotfire and Chemaxon to Deliver Integrated Solution for Chemical Science Community

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02/13/2012 | 03:32pm CET
Companies to Offer Solution Integrating Instant JChem Data Management Application and Spotfire Analytics Platform

SOMERVILLE, Mass., and BUDAPEST, Hungary, February 13, 2012 - TIBCO Software Inc. (NASDAQ: TIBX) and ChemAxon, a leader in providing chemical software development platforms and desktop applications for the biotechnology and pharmaceutical industries, today announced the full integration of the TIBCO Spotfire® Analytics Platform with ChemAxon's Instant JChem data management application. Through this integration, new levels of visualization, analysis and exploration will be available to the life science community.

Designed specifically for end users, Instant JChem is ChemAxon's desktop chemistry solution that allows scientists to manage and search chemical structures and related information. Through JChem, scientists can create, explore and share chemical and non-chemical data stored in local and remote databases. With this integration, Instant JChem's data generation and management capabilities are now fully exposed to the TIBCO Spotfire Analytics Platform, bringing scientists new levels of chemical search, analysis and visualization capabilities in order to speed and refine the analytic process.

Using TIBCO Spotfire, chemists can evaluate an ever-increasing amount of data derived from screening, ADME, and chemistry research efforts focusing on compound series. This allows them to take full advantage of the information to make the best decisions regarding the prioritization of which compounds to synthesize. TIBCO Spotfire easily accommodates new information and allows chemists to spot trends in complex datasets through the use of multiple linking visualizations and chemical structure viewing.

"We're constantly seeking ways to provide increased value to the life science community," said Ben McGraw, director of life science industry solutions for Spotfire, TIBCO Software, Inc. "One of our goals is to partner with leading solution providers in each discipline within life science. By providing an integrated offering that works with Instant JChem, we feel we're delivering a valuable solution to the chemical scientist."

"TIBCO Spotfire is the acknowledged industry standard in the field of visualization and analysis tools for scientists, and is used around the world," said Alex Drijver, CEO of ChemAxon. "This partnership follows our strategy of working with market leaders to provide integrated solutions that bring new levels of efficiency and capability in chemical research."

About ChemAxon

ChemAxon is a leader in providing cheminformatics software development platforms and desktop applications for the biotechnology, pharmaceutical and agrochemical industries. With core capabilities for structure visualization, search and management, property prediction, virtual synthesis, screening and drug design, ChemAxon focuses upon active interaction with users and software portability to create powerful, cost effective cross platform solutions and programming interfaces to power modern cheminformatics and chemical communication. The company is privately owned with European headquarters in Budapest and sales and support offices in Europe, Japan and North America.

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 efficient claims or trade processing, 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. TIBCO Spotfire® is the company's in-memory analytics software for next generation business intelligence. By offering a visual, interactive experience, Spotfire® helps professionals quickly discover new and actionable insights in information. Learn more at http://spotfire.tibco.com.

# # #

TIBCO, TIBCO Software, TIBCO Spotfire, Spotfire, and two-second advantage are trademarks or registered trademarks of TIBCO Software Inc. or its subsidiaries 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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