Citrix Names Mark Templeton CEO Thursday 31 May 2001 PDF Print Citrix Systems, Inc. today announced that Mark B. Templeton, the company's current president, has been appointed chief executive officer, effective immediately. Roger W. Roberts will remain Chairman of the Board and, for a period of time, an employee of the company. Effective immediately, he will relinquish his interim role as chief operating officer. John Cunningham has been named senior vice president of finance and operations, giving him new operational responsibilities in addition to his existing role as chief financial officer. "Mark has strong leadership qualities, broad industry experience and great market vision," said Roberts. "Operating results have been improving, the executive team's bandwidth has expanded significantly, and the company is well on its way to successfully integrating the acquisition of Sequoia Software. Mark's knowledge of the company, its strategic direction and its challenges make him the best person to lead Citrix." "Citrix is well-positioned for its next phase of growth," said Templeton. "We accomplished a great deal in the past, but there are just as many important challenges and opportunities ahead of us. I look forward to leveraging the company's great products, people and market position in order to take us to this next level." 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 commercialise 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 derived 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 ability to successfully integrate and manage merged or acquired companies; the company's ability to develop new products, extend existing products, and maintain or develop such company's customer and employee relationships as a result of such merger or acquisition; 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 portal strategy will not succeed in the manner anticipated; as well as risks of downturns in economic conditions generally, and in the software industry specifically, 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 contained in this press release or with respect to the announcements described herein. -ends- Citrix®, ICA® and MetaFrame are registered trademarks or trademarks of Citrix Systems, Inc. in the U.S. and other countries. UNIX® is a registered trademark of The Open Group in the U.S. and other countries. Microsoft® and Windows® are registered trademarks of Microsoft Corporation. All other trademarks and registered trademarks are property of their respective owners. Victoria Bartolome AxiCom UK Direct: +44 (0)20 8600 4659 Email: email@example.com 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.