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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Stash who wrote (15041)	3/2/1999 12:08:00 AM
From: Junkyardawg	Respond to of 90042

DD: Citrix Systems Announces Two-For-One Stock Split PR Newswire - March 01, 1999 18:15 FORT LAUDERDALE, Fla., March 1 /PRNewswire/ -- Citrix Systems, Inc. (Nasdaq: CTXS) today announced that its Board of Directors approved a two-for- one split of the company's common stock to be effected in the form of a 100% stock dividend. The dividend is payable on or about March 25, 1999 to shareholders of record as of March 17, 1999. Shareholders will receive one additional common share for each common share held as of the record date. Upon completion of the stock split, Citrix will have approximately 86 million shares of common stock outstanding. "During the past year the stock market has continued to reward our financial performance and we believe that this two-for-one stock split will serve to increase the stock's liquidity and broaden its marketability," said Mark B. Templeton, Citrix's president and chief executive officer. Founded in 1989, Citrix Systems, Inc. is a leader in system software for thin-client/server computing. The WinFrame(R) and MetaFrame(TM) product lines and ICA thin-client/server technology 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. 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, 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 and competitive pricing pressures, year 2000 compliance efforts of the company and third parties on which the company is dependent, and other risks detailed in the company's filings with the Securities and Exchange Commission. SOURCE Citrix Systems, Inc