Leading firms benefit from access to applications any time, anywhere
Citrix Systems, Inc today announced that 84 percent of the Financial
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
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
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
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
The Financial Times' FT 500 survey provides an annual snapshot of Europe's
largest companies, ranked by market capitalisation and grouped by region.
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
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
For Citrix Investors
This release contains forward-looking statements which are made pursuant
the safe harbor provisions of Section 21E of the Securities Exchange Act
1934. The forward-looking statements in this release do not constitute
guarantees of future performance. Investors are cautioned that statements
this press release which are not strictly historical statements,
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,
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
paper/electronic licensing model; the size, timing and recognition of
revenue from significant orders; increased competition, including
competition from Microsoft and other companies; the results of the
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
to meet the requirements of this market; the proportion of revenues
from distributors, OEMs and other channels; changes in the company's
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
company's business or results in the manner anticipated; as well as risks
downturns in economic conditions generally, and in the software industry
specifically, and risks associated with competition and competitive
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
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.
other countries. All other trademarks and registered trademarks are
of their respective owners.
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