Citrix Founder, Edward Iacobucci, Named National Ernst & Young Entrepreneur Of The Year.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Nov. 15, 1998-- Pioneer of Server-Based Computing Refers to applications that run in a server. Also known as "thin client computing," it may refer to a browser-based environment that uses a Web browser as the client with all applications running on a Web server on the Internet or in an intranet on the LAN. Takes Top Honors at 12th Annual International Entrepreneur Conference Citrix Systems Citrix Systems' (NASDAQ: CTXS) is an American technology company, based in Fort Lauderdale, Florida, with subsidiary operations in California and Massachusetts, with additional development centers in Australia, India and the UK. , Inc. (Nasdaq:CTXS CTXS Citrix Systems (NASDAQ stock ticker symbol) ) announced today that its chairman, founder, and chief technology officer, Edward Iacobucci, is the recipient of the 1998 National Ernst & Young Entrepreneur Of The Year(R) award. The Entrepreneur Of The Year award, recognized Iacobucci from more than 492 national business elite. Iacobucci was also named winner of the Entrepreneur Of The Year award in the Software and Information Services See Information Systems. category. "The Ernst & Young Entrepreneur Of The Year awards were established 12 years ago to recognize individuals whose ingenuity, hard work and perseverance have created and sustained successful, growing business ventures," commented Gregory K. Ericksen, national director of entrepreneurial services, Ernst & Young. "As the founder and visionary of Citrix, Ed Iacobucci Edward E. Iacobucci was the leader of the IBM OS/2 Design Team. In 1989, he founded the US software company Citrix Systems [1]. He is currently the president and CEO of DayJet, an on-demand regional jet travel service, and was a member of the SCO Group's Board of embodies these highly valued traits and presents a shining example not only for the software industry, but for all business." "I founded Citrix ten years ago, not only with the dream of building an industry centered on server-based computing, but also of creating a world-class software company whose values and culture would attract the very best and brightest talent," said Iacobucci. "I am honored to accept the National Ernst & Young Entrepreneur Of The Year award on behalf of over 580 entrepreneurs who work alongside me at Citrix to make that dream a reality. I also accept it on behalf of the hundreds of business partners, thousand of resellers, and tens of thousands of customers who are betting their businesses on that dream." Entrepreneur Of The Year Award In its 12th year, the Ernst & Young award recognizes entrepreneurs who have demonstrated innovation and financial performance or have shown support for entrepreneurial ventures. The award uses independent judges including professionals from the nation's business, academic, and civic organizations to evaluate leaders in industries such as technology, manufacturing, retail, and communications. Contestants submit detailed financial histories and undergo in-depth interviews about themselves and their company's operations and products. The awards program is sponsored nationally by Ernst & Young, the Center for Entrepreneurial Leadership Inc. at the Ewing Marion Kauffman Foundation, the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. , and USA Today. Earlier this year, Iacobucci was recognized with the regional Entrepreneur Of The Year award from among 100 Florida business elite. About Citrix Founded in 1989, Citrix Systems, Inc. is a leader in system software for server-based computing. The WinFrame(R) and MetaFrame(TM) product lines and Independent Computing Architecture Independent Computing Architecture (ICA) is a proprietary protocol for an application server system, designed by Citrix Systems. The protocol lays down a specification for passing data between server and clients, but is not bound to any one platform. (ICA Ica (ē`kä), city (1993 pop. 108,724), capital of Ica dept., SW Peru, on the Pan-American Highway. It is a commercial center for the cotton, wool, and wine produced in the region. There are several summer resorts nearby. (R)) technology are marketed through a worldwide business alliance of value-added resellers, system integrators, OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and licensees, and industry associates. Citrix is based in Fort Lauderdale, FL. and is traded on the Nasdaq-Amex Market Group under the symbol CTXS. For more information, please visit the Citrix website at http://www.citrix.com. For Citrix Investors Forward-looking statements in this release are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1997, the Quarterly Report or Form 10-Q Form 10-Q See 10-Q. for the quarter ended June 30,1998, on file with the Securities and Exchange Commission, and the Quarterly Report or Form 10-Q for the quarter ended September 30, 1998, to be filed shortly with the Commission. NOTE: The Citrix(R) logo, WinFrame(R) and ICA(R) 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. Entrepreneur Of The Year is a registered service mark of Ernst & Young LLP LLP - Lower Layer Protocol . All other trademarks and registered trademarks are property of their respective owners. |
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