Citrix Systems, Inc. and Compaq Computer Corporation today announced a global systems integration and professional
services agreement that enables Compaq to market and sell Citrix software products on Compaq ProLiant servers, and
provide professional information technology services.
According to the two companies, the agreement will help large companies more quickly and easily deploy server-based
computing solutions globally using a proven, world-class combination of software, hardware and services.
"Citrix software is a highly regarded platform for enterprise class Thin Client Server Computing solutions," said Rick
Fricchione, vice president, applications and internet technologies, Compaq Global Services. "This agreement extends our
ability to provide a single point of contact and accountability for our customers, and it gives our Thin Client Server Computing
customers a global, total solution."
According to forecasts from the market research firm International Data Corporation, the worldwide application server
software market will grow to $11.3 billion by 2004.
"Compaq is a world leader in server technology, thin client technology and services with tremendous marketshare and reach,"
said Mark Templeton, president for Citrix. "As a long-time channel company, we know that strong partnerships enable us to
provide levels of customer support we can’t do alone, and adding Compaq to our current channel capabilities helps us
extend our market penetration and better deliver our leading application serving products to a broader marketplace."
"Server-based computing allows businesses to reduce IT management costs, quickly and easily deliver the latest software
applications to end-users, and improve security," said Steve Garone, program vice president, application development &
deployment at IDC.
"The larger the company, the greater the potential benefits, but initial deployment can be a challenge, especially for global
companies operating where skilled technical resources may not be readily available. The relationship between Compaq and
Citrix really helps bridge the divide. It’s a marriage of two major players - Compaq brings the hardware and global
professional services capability, and Citrix brings a proven software solution."
Compaq and Citrix will target FORTUNE 100 and FORTUNE Global 100 customers to provide systems integration,
installation and professional services for all of Citrix’s software offerings on any ProLiant Compaq servers.
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’s 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 MetaFrameÔ application server software, NFuseÔ application portal software, and Independent Computing
Architecture (ICAâ ), 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, Fla. 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 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 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.
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