FutureLink uses Citrix as it's operating system. Here is a press release regarding equity research on FLNK that also mentions CTXS.
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BRIDGE TECHNOLOGY GROUP LLC INITIATES COVERAGE OF FUTURELINK DISTRIBUTION CORP. WITH A BUY RECOMMENDATION
Please Visit Bridge's Web Site at www.BridgeNYC.com for Detailed Report
New York, NY, May 3, 1999 - Bridge Technology Group LLC announced today that it has initiated coverage of FutureLink Distribution Corp. (OTC BB: FLNK) with a BUY recommendation. The full text of this report can be accessed at Bridge's web site, at www.BridgeNYC.com.
“FutureLink is leader in the emerging industry of Application Service Provision (ASP), or the provision of software applications on a rental basis,” stated Jeffrey B. Davis, President of Bridge Technology Group LLC. “The ASP market is going to grow significantly in the next few years, and its impact on software distribution is just beginning to become recognized by the financial markets. We believe FLNK offers investors a compelling opportunity to participate in the growth of this emerging industry, at a valuation that is significantly below that of comparable ASP companies.”
Excerpts from the report follow:
FutureLink Distribution Corp. (“FLNK”) is building a leader in the emerging new industry called Application Service Provision (ASP): the provision of software applications to users on a rental basis, either over the Internet or through traditional networking means. In addition to its ASP services, FLNK provides comprehensive IT management services and strategic consulting, and currently has over 120 employees in three offices (Calgary, Tampa and Houston), serving over 100 clients and managing over 4,000 desktops. Independent market research firms estimate that the market for application software rentals will grow from practically nothing a couple months ago to several billion dollars in two to three years.
We believe that FLNK is one of few ASPs that is currently generating revenues through the rental of branded software applications. FLNK has chosen an operating platform developed by Citrix Systems (NASDAQ: CTXS), has partnered with leading enterprise software producers, such as Onyx Software (NASDAQ: ONXS), Great Plains (NASDAQ: GPSI) and Applix (NASDAQ: APLX), has launched its first server farm, and is currently signing up customers for its ASP services. This emerging industry is getting an increasingly high level of attention in the media and the financial markets, with the recent IPO of USInternetworking (NASDAQ: USIX) and the pre-IPO filing of Interliant, two pure-play comparable companies. Large technology companies and software producers, including Microsoft (NASDAQ: MSFT) and Intel (NASDAQ: INTC), have recently made announcements that they are evaluating software partnering deals and web-hosting businesses, respectively. We believe the market growth for ASP services is going to be explosive, and that FLNK is extremely well positioned to capitalize on this trend. We recommend purchase of FLNK common stock by investors tolerant of the risks associated with micro-cap and small-cap equity, and OTC, investments.
ASP, Applications Service Provision – The Next Wave in Computing
 Renting software applications through ASPs, and leveraging the net-centric computing technology, is the next wave in computing.
 FLNK currently offers two levels of ASP services, and has been recognized by independent market research firms as a founding, and leading, firm in this emerging ASP industry.
 FLNK has an established IT management services and strategic consulting business, which we believe is a critical competitive advantage to the successful delivery of integrated ASP services.
Strong Corporate Partners and Content Partners
 FLNK has chosen Citrix Systems, Compaq and UUNet has its enabling operating system, hardware and Internet service providers, respectively; Citrix is the leader in the thin client/service computing software industry.
 FLNK has agreements with leading enterprise software providers - Onyx, Great Plains, Applix and Galleon Distributed Technologies – to offer their software on an outsourced basis;
Compelling Valuation – Look at Comparable Company Valuations
 We believe FLNK shares are significantly undervalued, and provide a way for investors to participate in this emerging ASP sector at venture capital valuations, through a public market vehicle; we recommend purchase of FLNK for investors tolerant of the risks associated with micro-cap investments.
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Bridge Technology Group LLC is a registered investment advisor focused on identifying emerging growth companies in the healthcare and information technology sectors that offer compelling investment opportunities over the long term. By providing comprehensive financial services, including corporate finance, M&A advisory, strategic partnering and communications consulting, the company positions itself to provide a fully integrated package of value-added services to emerging growth companies.
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The information in this press release has been obtained from sources that Bridge Technology Group LLC believes to be reliable, but the Company does not guarantee its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation by Bridge Technology Group LLC for the purchase or sale of any securities. Bridge Technology Group LLC may solicit investment banking, consulting or other business from, any company mentioned in this release. Bridge Technology Group LLC or persons associated with Bridge Technology Group LLC may at anytime be long or short any of the securities referred to herein and may make purchases or sales thereof while the Company's reports are in circulation or posted on the Bridge Technology Group LLC web site at www.BridgeNYC.com. This material, or any portion thereof, may not be reproduced without prior permission from Bridge Technology Group LLC. Bridge Technology Group LLC is not responsible for the contents of this document that is intended for electronic transmission and could be thus subjected to tampering or alteration. Copyright © 1999 by Bridge Technology Group LLC. All rights reserved.
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