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Technology Stocks : Citrix Systems (CTXS)

CTXS 103.90

0.0%

Nov 2 5:00 PM EST

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To: Mike Buckley who wrote (7584)	2/24/2000 8:03:00 AM
From: David Lawrence	Read Replies (1) of 9068

LONDON, Feb 24 (Reuters) - British palm-top computer group Psion Plc said on Thursday it was implementing U.S. Citrix Systems Inc's independent computing architecture (ICA) on the Symbian platform. Symbian is a joint venture between Psion and several leading cellphone industry giants developing next generation equipment. Psion said ICA was the emerging industry standard for server-based computing. Psion Enterprise Computing's commercial director Claes Bergstedt said the announcement "really opens the gates for mobile e-business strategies. Support for Citrix' ICA lowers the barriers for customers that want to go mobile." Citrix iBusiness vice-president Chris Phoenix said "Psion's incorporation of ICA in its mobile devices strengthens our strategy of providing digital independence by enabling users to access business-critical information from any device, anywhere in the world." Psion shares were 5.3 percent higher at 55.00 peounds in early trading, valuing the company at just under four billion pounds. 583-3769, dan.lalor@reuters.com)) Copyright 2000, Reuters News Service

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