MENA e-Solutions announces TIBCO's integration initiative for next level of real time business at GITEX Dubai 2003

Notes and media contacts

About MENA e-Solutions:
Recognizing the empowerment and the role of Information Technology in achieving business goals in the new era of the digital economy, Saudi Arabian Development Company (SADC) management made a strategic decision to establish an Information Technology division, focused on providing enabling and empowering technologies to help corporations in the Middle East and North Africa (MENA) region achieve their goals and objectives. Founded in late 2000, MENA eSolutions was established to capitalize on the success that SADC's IT division has experienced. Since its inception, MENA eSolutions has built a strong focus and a solid partnership with TIBCO Software leading to MENA being assigned as the Regional Distributor of TIBCO Software in the MENA region.

About TIBCO Software Inc:
TIBCO Software Inc. (NASDAQ: TIBX) is the leading independent business integration software company in the world, demonstrated by market share and analyst reports. In addition, TIBCO is a leading enabler of real-time business, helping companies become more cost effective, more agile and more efficient. TIBCO has delivered the value of real-time business, what TIBCO calls The Power of Now®, to over 2,000 customers around the world and in a wide variety of industries. For more information on TIBCO's proven business integration, business optimization, and enterprise backbone solutions, please visit www.tibco.com

About Dubai Internet City:
Dubai Internet City (DIC) provides a Knowledge Economy Ecosystem designed to support the business development of Information and Communications Technology (ICT) companies. It is the Middle East's biggest IT infrastructure, built inside a free trade zone and has the largest commercial Internet Protocol Telephony system in the world. DIC is a strategic base for companies targeting emerging markets in a vast region extending from the Middle East to the Indian subcontinent, and Africa to the CIS countries, covering 1.8 billion people with a GDP of $1.5 trillion. In line with Dubai's liberal economic policies and regulations, DIC offers foreign companies 100% tax-free ownership, 100% repatriation of capital and profits, no currency restrictions, easy registration and licensing, stringent cyber regulations and protection of intellectual property.

Within a short span of time, a dynamic international community of ICT companies has established itself in DIC. The global ICT giants are all here: Microsoft, Oracle, HP, IBM, Compaq, Dell, Siemens, Canon, Logica, Sony Ericsson, Schlumberger and Cisco, to name just a few. These companies represent a formidable community of over 14,000 knowledge workers. The cluster of ICT companies in DIC comprise of Software Development, Business Services, Web Based & e-Commerce, Consultancy, Education & Training, Sales & Marketing and Back Office Operations. DIC provides a scalable state-of-the-art technology platform to companies looking to provide cost effective Business Process Outsourcing (BPO) Services such as call center operations.

MENA e-Solutions Contact:
Julian Lloyd
VP Corporate Development & Planning
Tel: +971 4 391 0122

Press Contact:
Nadine Salem / Mira Sadek
Gambate! Communications
Tel: +971 4 391 6424