Citrix Software Selected by Nine of Top Ten FT 500 European Companies Thursday 1 February 2001 PDF Print Leading firms benefit from access to applications any time, anywhere Citrix Systems, Inc today announced that 84 percent of the Financial Times' FT 100 firms and 55 percent of the FT 500, including nine of the top ten companies have implemented Citrix application serving software, which provides high-performance, cost-effective access to business applications from any device, over any network connection. The widespread adoption of Citrix software in Europe is echoed in the U.S. where 99 of Fortune Magazine's Fortune 100 firms use Citrix products. The FT 500 results demonstrate the steep growth curve Citrix is seeing in product adoption across Europe. In 1999, 62 percent of FT 100 companies used Citrix compared to 84 percent in 2000, a jump of 22 percentage points, demonstrating the company's ability to be the leading application-server computing solutions provider for enterprise businesses. "It is clear that Europe's leading companies are standardising on Citrix technology as the best enabler of application deployment and management," said Jane Rimmer, Director of Marketing, Northern Europe, Citrix Systems. "Citrix software is fast becoming the de facto standard for deploying mission-critical applications in Europe, as in the US." Citrix application server software and services enable companies to gain a competitive edge by reducing cost and complexity in deploying enterprise applications globally. Specifically, they allow companies to enjoy predictable, affordable and secure access to business-critical applications, as well as greater reach and faster deployment time. "Organisations are increasingly looking to server-centric application architectures to lower their overall cost of computing," said Dan Kusnetzky, vice president of system software research for IDC in Framingham, Massachussets. "Citrix, the leading provider of virtual user interface software worldwide, is often called upon to provide access to an organisation's centralised applications. This approach provides high-performance, but secure, access without requiring IT personnel at every site." The Financial Times' FT 500 survey provides an annual snapshot of Europe's largest companies, ranked by market capitalisation and grouped by region. About Citrix Citrix Systems, Inc. is a global leader in application server software and services that offer "Digital Independence" - the ability to run any application on any device over any connection, wireless to Web. Citrix' solutions enable organisations of all types, from major enterprises to emerging application service providers (ASPs), to reach more users, with more applications, in more locations - and achieve this with greater speed and predictability, and lower costs. Its products, including MetaFrame application server software, NFuse application portal software, and Independent Computing Architecture (ICA), a core application-server technology, have been widely adopted by the corporate mainstream to achieve key business goals. The firm, which markets its solutions through value-added resellers, system integrators and OEM licensees, is headquartered in Fort Lauderdale, Florida. Citrix is traded on The Nasdaq Stock MarketSM under the symbol CTXS and is part of the Standard & Poor's 500 Index. For more information, please visit the Citrix Web site at http://www.citrix.com For Citrix Investors This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Investors are cautioned that statements in this press release which are not strictly historical statements, including, without limitation, statements regarding current or future financial performance, management's plans and objectives for future operations, product plans and performance, management's assessment of market factors, as well as statements regarding the strategy and plans of the company and its strategic partners, constitute forward-looking statements. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by the forward-looking statements, including, without limitation, risks associated with the following: the success of the company's MetaFrame product line and the acceptance of the company's ICA protocol; the company's ability to develop and commercialize new products and services; the company's success in expanding into new geographic markets, the company's ability to expand its core business in large enterprise accounts, the company's ability to succeed in the transition to a paper/electronic licensing model; the size, timing and recognition of revenue from significant orders; increased competition, including potential competition from Microsoft and other companies; the results of the company's iBusiness and other new licensing programs; the rate of growth of the ASP market; and the company's ability to continue to develop and market products to meet the requirements of this market; the proportion of revenues devised from distributors, OEMs and other channels; changes in the company's pricing policies or those of its competitors, including Microsoft; the costs of developing, acquiring, or integrating new technologies or enhancements to existing products; the company's reliance upon its strategic relationships with Microsoft and other strategic partners; management of growth; the possibility of undetected software errors; dependence on proprietary technology; risks that the company's branding campaign will not enhance the company's business or results in the manner anticipated; as well as risks of downturns in economic conditions generally, and in the software industry specifically, and risks associated with competition and competitive pricing pressures and other risks detailed in the company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information in this press release or with respect to the announcements described herein. Citrix®, ICA®, MetaFrame(tm), NFuse(tm) and Digital Independence(tm) are registered trademarks or trademarks of Citrix Systems, Inc. in the U.S. and other countries. All other trademarks and registered trademarks are property of their respective owners. Jenny Holt AxiCom UK Direct: +44 (0)20 8600 4651 Mobile: +44 (0)7730 438 762 Email: firstname.lastname@example.org Cambridge House, Cambridge Grove, London W6 0LE T: +44 (0)20 8600 4600 F: +44 (0)20 8600 4620 This press release was distributed by ResponseSource Press Release Wire on behalf of AxiCom in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.