And the CTXS fun continues...going back in (edit:$19 1/2 looks good)
biz.yahoo.com
Citrix Technology Licensed by Yahoo! For Use With Corporate Yahoo! Service
Citrix NFuse Technology Allows for Faster, More Efficient Access to Applications On Corporate Yahoo!
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--June 26, 2000--Citrix Systems, Inc. (Nasdaq:CTXS - news) today announced a licensing agreement with Yahoo! Inc. (Nasdaq:YHOO - news) allowing Yahoo! to market and demonstrate Citrix© NFuse(TM) business application integration technology to customers of Corporate Yahoo!(TM) (http://corporate.yahoo.com), a customized enterprise information portal based on the widely adopted My Yahoo! (http://my.yahoo.com) interface. With Citrix NFuse technology, available from Citrix, Corporate Yahoo! customers can benefit from integrating existing server-based applications simply by clicking a link or icon. The agreement also includes joint enterprise marketing and sales opportunities as well as channel development and education.
Corporate Yahoo! and Citrix NFuse technology will be showcased at PC Expo in New York's Javits Center, Citrix's booth, number 3912, on June 27 through June 29, 2000.
``The convenience, efficiency and simplicity of accessing information via Corporate Yahoo! will improve the way enterprises work and communicate,'' said Barry Davis, vice president of corporate alliances, Citrix. ``Our application-serving expertise, our NFuse application portal offering, and now our relationship with Yahoo! helps position Citrix as a leader in the application portal space.''
``Corporate Yahoo! helps Global 2000 companies enhance their corporate intranets and extranets by providing a compelling service for accessing both corporate and personal information,'' said John Willcutts, vice president, Yahoo! Enterprise Services. ``Citrix NFuse technology, in conjunction with Corporate Yahoo!, helps to provide personalized, managed application delivery to the browser.''
Citrix NFuse is an application portal product that enables Windows© and UNIX© applications running on a Citrix MetaFrame(TM) server farm to be ``published'' onto a Web page. For the first time, end users can access and ``subscribe'' to interactive applications and content through a standard Web browser. NFuse enables IT managers to instantly integrate interactive applications into any standard Web browser; personalize applications and content by user; and provide more manageability with centralized deployment. (See attached graphic.)
About Citrix
Citrix Systems, Inc. is a global leader in application server software and services that offer ``Digital Independence(TM)'' - the ability to run any application on any device over any connection, wireless to Web. Citrix's solutions enable organizations 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 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 Market(SM) under the symbol CTXS and is part of the Standard & Poor's 500 Index. For more information, please visit the Citrix Web site at citrix.com.
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 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 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..... |
