Citrix Named America's Most Dynamic Software Company by Forbes ASAP Magazine
Joins "100 Most Dynamic Companies" Ranking Based on Explosive Growth
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--March 23, 1999-- Citrix Systems, Inc. (Nasdaq:CTXS - news) today announced it has been named America's Most Dynamic Software Company by Forbes ASAP magazine as part of its annual ranking of the technology industry's ''100 Most Dynamic Companies.''
Forbes ASAP magazine's second annual ''100 Most Dynamic Companies'' listing recognizes companies in the technology industry that demonstrate six characteristics, including responsiveness to change, market opportunity, marketing expertise, human capital, alliances and partnerships, and prospects for growth.
''We're proud to be recognized by Forbes ASAP magazine as America's most dynamic software company,'' said Mark Templeton, president and CEO of Citrix. ''With almost half of the Fortune 500 companies relying on Citrix MetaFrame and WinFrame, we believe that the server-based computing market is one of the most dynamic new technology markets in evolution today. We want to thank our customers, channel, industry partners, shareholders and employees for putting us on the Forbes list.''
''1998 was one of the most memorable years in the history of American business, thanks in part to the skyrocketing stock market, a surging economy and a new generation of technology,'' said Mike Malone, editor, Forbes ASAP. ''In order to remain competitive, technology companies had to be dynamic. Citrix clearly is among the roster of 1998's extraordinary companies, demonstrated in part by its ability to forge key industry partnerships and consistently meet market demand.''
To compile the ''100 Most Dynamic Companies'' ranking, Forbes ASAP interviewed analysts, money managers and venture capitalists, asking them to rate more than 300 companies on six factors that embody ''dynamism'' in a technology company. Winners were chosen in seven categories: Hardware, Software, Peripherals and Manufacturing, Semiconductors, Networking and Telecom Equipment, Telecommunications, and Internet Service and Content.
About Forbes ASAP
Forbes ASAP is the technology supplement of Forbes and is only available through a subscription to Forbes. There are currently 784,000 Forbes subscribers.
About Citrix
Founded in 1989, Citrix Systems, Inc. is the nation's 18th largest software company and a world leader in system software for server-based computing. The MetaFrame(TM) and WinFrame® product lines and Independent Computing Architecture (ICA®) technology offer a fast, easy and cost-effective way to deliver business-critical applications to anyone, anywhere, anytime. 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, 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. All other trademarks and registered trademarks are property of their respective owners.
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Contact:
Citrix Systems, Inc., Fort Lauderdale
Deepa Swamy, 954/267-2346
deepas@citrix.com
or
The Weber Group, Inc.
Kim Robinson, 617/520-7242
krobinson@webergroup.com |
