Team TIBCO Silicon Valley Bank announces contract extensions for winning virtual Tour de France squa

SILICON VALLEY, California. (Aug. 27, 2020) -Team TIBCO Silicon Valley Bank announced Thursday it has signed contract extensions for its core squad that competed in and won the virtual Tour de France. Held over three weekends in July, Team TIBCO-Silicon Valley Bank dominated the six-stage race, claiming the overall win, queen of the mountain and sprint jerseys, multiple stage wins and podium placings. The virtual race was broadcast in over 130 countries, had 12 hours of live TV production, and reached almost eight million viewers on Eurosport International alone.

"We're pleased to announce contract extensions for our core virtual Tour de France squad," said Linda Jackson, founder of Team TIBCO Silicon Valley Bank. "It took a lot of commitment, perseverance, and teamwork to learn the Zwift platform and excel at it. Each of these women gave it every they had for their teammates, and that's exactly the type of rider that we want on this team."

Returning for her eighth season with Team TIBCO Silicon Valley Bank is Lauren Stephens (USA). Stephens won the second and sixth stage of the Virtual Tour de France and captured two third-place finishes.

"I'm looking forward to next season," Stephens said. "This has been an interesting year, to say the least, but it has been fun learning a new discipline together as a team. Our joint goal of winning the virtual Tour de France fostered a strong team bond even though we have spent months apart at home. I'm looking forward to continuing to race and train on Zwift as road racing begins again. I think we can expect that virtual racing will continue to be important to us as a team."

Joining Stephens are Leah Dixon (GBR) and Kristen Faulkner (USA), both second-year signings. Dixon had a fantastic start to the season, winning the virtual Women's Tour, and Faulkner burst onto the Zwift TdF scene the opening day, scooping up second place, and later taking two fifth places.

The rising 19-year-old star, Sarah Gigante (AUS), second on stage 5 of the Virtual TdF, has also extended with the team. Gigante first made a name for herself in January 2019 when she won the Australian national road championships. Gigante went on to take the Australian national time trial title in early 2020.

"I'm super excited to be re-signing with Team TIBCO-Silicon Valley Bank," Gigante said. "I can't wait to learn more from my amazing team and to gain further experience racing overseas. 2020 has been great for us, despite some unusual circumstances, and it will be fun to transfer our cohesion from Zwift to the roads. My first goal of 2021 will be January's Australian Road Nationals, where I will be hoping to dust off the racing cobwebs and get the year off to a strong start in the road race and time trial."

Finally, Dutch track champion Nina Kessler and Emily Newsom (USA), have also extended with the team. Both riders were incredibly instrumental in the team's virtual Tour de France performance.

"With this core group of women in place, we are now seeking a third partner to join TIBCO Software and Silicon Valley Bank (NASDAQ SIVB) to enable our team to acquire world tour status," added Jackson. "We have had very successful partnerships with TIBCO and Silicon Valley Bank since 2005 and 2006, respectively."

"TIBCO is proud to co-sponsor a world-class team that exemplifies championship-level performance and resilience in cycling," said CEO Dan Streetman. "As a company, we pride ourselves on our own dedication to high performance through continuous innovation, and this same intense commitment to excellence is a hallmark of Team TIBCO-Silicon Valley Bank. We're proud to support the team with our technology and resources – and we look forward to cheering them on to even more victories."

Increased media exposure from the Women's World Tour and events like the virtual Tour de France make women's cycling an incredibly cost-effective tool to achieve a range of corporate goals, including business development, sales, marketing, HR, and CSR goals.

"Our partnership with Team TIBCO Silicon Valley Bank provides us with an opportunity to engage our employees and clients in community and wellness events while sharing the inspiring stories of these athletes who are achieving the highest levels in cycling," said Greg Becker, CEO of Silicon Valley Bank. "This team is inspirational, and we're proud to support their efforts."

Please email Linda Jackson at Actionlj@gmail.com, or www.teamtibco-svb.com/contact-us if you would like more information about becoming a partner of our team for 2021.

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