Tugrul Firatli of TIBCO Software Joins Yellowave Corp. Advisory Board; Mr. Firatli Defined TIBCO's Strategy and Positioning in the Networking and Telecommunications Markets

Business Wire, July 26, 2000

Business Editors & High Tech Writers

LOS ANGELES--(BUSINESS WIRE)--July 26, 2000

Yellowave Corp. (OTCBB:YWAV) today announced that Tugrul Firatli, vice president of networking and telecommunications services at TIBCO Software Inc., has joined the company's board of advisors.

He joins Eric Benhamou, Chairman, CEO and President of 3Com Corp. (Nasdaq:COMS), who is chairman of the company's board of advisors.

TIBCO Software Inc. (NASDAQ:TIBX), with headquarters in Palo Alto, is a leading provider of real-time e-business infrastructure software. Firatli has been responsible for defining TIBCO's strategy and positioning in the networking and telecommunications markets.

"Mr. Firatli is a true thought leader in networking and telecommunications, markets which will be important to the future of our company," said Prosper Abitbol, Chairman and CEO of Yellowave. "We are extremely pleased that he has agreed to share his insights with us and help us shape the future strategic direction of Yellowave."

"I look forward to working with Yellowave," Firatli said, "and I am very pleased to be part of what I believe is a team with a very visionary approach."

Yellowave is an incubator of high-tech companies, with a special focus on assisting the development of wireless and telecommunications companies emerging from the very active science and technology community in Israel. Yellowave is currently in advanced negotiations with several other Israeli companies.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company's actual results could differ materially from those anticipated in such forward-looking statements.