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Technology Stocks : Citrix Systems (CTXS) -- Ignore unavailable to you. Want to Upgrade?


To: dave galloway who wrote (6693)6/22/1999 9:38:00 AM
From: JakeStraw  Respond to of 9068
 
Citrix Customers Report Measurable TCA Benefits From Server-Based Computing Model

Customers Enjoy Dramatic Increases in Productivity and Lowest Total Cost of Application Ownership (TCA) With Citrix MetaFrame(TM) and WinFrame(R)

NEW YORK--(BUSINESS WIRE)--June 22, 1999-- Citrix Systems, Inc. (Nasdaq:CTXS - news) today announced at PC Expo (Booth No. 3954) Total Cost of Application Ownership (TCA) data from two customers that have implemented a server-based model of computing. Crowley American Transport, Inc. (CATI), a marine shipping company, and Matrix Rehabilitation, a leading provider of outpatient physical therapy, have both realized a substantial reduction in TCA by leveraging Citrix MetaFrame and WinFrame server-based computing solutions. Crowley American Transport has reduced communication costs by as much as 40 percent, and Matrix Rehabilitation estimates savings of over $2 million in its first two years with Citrix server-based computing solutions.

Arriving on the heels of Citrix's new TCA model, a cost analysis model that focuses on the opportunity costs of providing applications to users in today's complex, Internet-driven computing environment, Crowley American Transport, Inc. and Matrix Rehabilitation adopted server-based computing to achieve their business goals, increase productivity, and reduce IT costs by as much as 40 percent. (Please see separate announcement: Citrix Introduces Advanced Model for Analyzing IT Costs).

In today's competitive environment, success is dependent upon the speed at which an organization can empower its employees and reach customers. Organizations across the globe face the challenge of extending the reach of business-critical applications to a growing population of mobile and geographically dispersed employees, customers, partners, and vendors.

As such, the costs of providing applications to users whenever, wherever and however they are needed are skyrocketing. With server-based computing, businesses can greatly reduce the time and costs of installing, configuring and deploying applications, while capitalizing on top-line business opportunities.

''In today's dynamic and competitive business environment, enterprises are seeking solutions that generate top-line revenue, enhance bottom-line profitability and improve customer care and productivity, while sustaining competitive advantages,'' said David Weiss, Citrix vice president of product marketing. ''The dramatic increase in productivity and the ability for these two customers to easily extend their business-critical applications to anyone, anywhere, anytime, is testament that TCA and server-based computing are the right computing models for the new millennium.''

Crowley American Transport

The challenge for any company to maintain accurate business records across multiple locations is a significant one. When those ''locations'' are oceangoing cargo ships with minimal time in port, the challenge becomes even more complex. Crowley American Transport, a $900 million subsidiary of Crowley Maritime Corporation, provides liner cargo services throughout the Western Hemisphere. The communications network required to support the company's operations is complex. Each ship must maintain a communications link with headquarters in Jacksonville, Fla., to ensure up-to-the-minute tracking of cargo information, inventory, communications and compliance with quality and safety procedures.

Faced with the high cost of maritime satellite transmissions ($6.50 per minute) and the demand for increasingly efficient ship-to-shore communications, Crowley American Transport, Inc. turned to NetAge, Inc., a Platinum Solutions Provider of the Citrix Solutions Network, to seamlessly integrate shipboard data functions, improve communication effectiveness, and enhance performance using Citrix WinFrame server-based computing software.

With server-based computing, Crowley is able to automatically update manuals and print out appropriate change sheets, so that each ship's protocol is current with corporate standards. Additionally, forms, checklists and inspection sheets have been automated with the implementation of WinFrame, providing complete audit trails online. By automating these processes, Crowley is able to maintain accurate business records, enabling the organization to save time and money while looking to future business opportunities.

''Citrix server-based computing software has put us on track to reduce costly maritime satellite transmissions by as much as 40 percent,'' said Cole Cosgrove, manager for Chartering Operations, Crowley American Transport. ''At a cost of nearly $400 per hour, the savings are significant. In the highly competitive maritime transport industry, Citrix solutions have enabled us to make shipboard operations more efficient and have dramatically lowered the cost of deploying mission-critical applications.''

Matrix Rehabilitation

Matrix Rehabilitation provides a full-line of outpatient physical therapy from more than 200 clinics in 13 states. As such, the organization faced the challenge of distributing mission-critical applications to users located hundreds, and sometimes thousands, of miles apart. Rapid growth in the number of clinics through acquisition and the company's dependency on a client/server architecture created an increase in network traffic, which dramatically stalled employee performance. High-speed performance and reliability were critical because Matrix healthcare providers often needed to access mission-critical applications at the point of care.

With the help of CyberLink Corporation, a Platinum Solutions Provider of the Citrix Solutions Network, Matrix Rehabilitation will have as many as 2,000 physicians and staff employees accessing critical patient information in record time from more than 30 MetaFrame servers by the end of 1999. In addition to 250 percent performance improvements and total cost of application ownership (TCA) savings of more than $2 million over the next two years, server-based computing is helping to make Matrix employees more productive. Compared to 75 patients a day prior to Citrix MetaFrame, Matrix can now serve as many as 100 patients a day.

''Citrix MetaFrame has made our company more efficient,'' said Allan Grant, director of Information Technology, Matrix Rehabilitation. ''By adopting a server-based model of computing, Matrix Rehabilitation employees can now serve patients faster, respond to their needs more thoroughly, and provide the company with greater value every day.''

About Citrix

Founded in 1989, Citrix Systems, Inc. is the nation's 13th largest software company and world leader in system software for server-based computing. The MetaFrame(TM) and WinFrame® product lines and Independent Computing Architecture (ICA®) technology give organizations the independence, speed and flexibility needed to extend any application to anyone, anywhere. The company's server-based computing solutions are marketed through a worldwide business alliance of value-added resellers, system integrators, OEM licensees and industry associates. Citrix is based in Fort Lauderdale, Fla. and is traded on the Nasdaq National Market under the symbol CTXS.

For Citrix Investors

Forward-looking statements in this release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. 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 which involve risks and uncertainties, including, without limitation, risks associated with the company's reliance upon its strategic relationships with Microsoft and other strategic partners, dependence upon broad-based acceptance of the company's ICA protocol, management of growth, market acceptance of new products or new versions of existing products, the possibility of undetected software errors, and dependence on proprietary technology, as well as risks of downturns in economic conditions generally, and in the software industry specifically, and risks associated with competition, competitive pricing pressures and year 2000 compliance efforts of the company and third parties on which the company is dependent. For a more detailed description of the risk factors associated with the company, please refer to the company's Annual Report or Form 10-K for the year ended December 31, 1998 and the company's Form 10-Q for the quarter ended March 31, 1999 on file with the Securities and Exchange Commission.

Citrix®, WinFrame® and ICA® are registered trademarks of Citrix Systems, Inc. MultiWin(TM) and MetaFrame(TM) are trademarks of Citrix Systems, Inc. for which there are pending applications for registration in the U.S. Patent and Trademark Office. Cisco IOS is a registered trademark of Cisco Systems, Inc. in the USA and other countries. All other trademarks and registered trademarks are property of their respective owners.
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Contact:

Citrix Systems, Inc., Fort Lauderdale, Fla.
Deepa Swamy, 954/267-2346
deepas@citrix.com
or
The Weber Group
Jennifer Dunlap, 617/520-7019
jdunlap@webergroup.com