Citrix Joins New International Consortium Formed to Advance Application Service Provider - ASP - Market; Citrix's Traver Gruen-Kennedy Elected Consortium Chairman.LAS VEGAS--(BUSINESS WIRE)--May 11, 1999-- Citrix Systems, Inc. (Nasdaq:CTXS CTXS Citrix Systems (NASDAQ stock ticker symbol) ), the world leader in system software for server-based computing, today announced at Networld + Interop (Booth No. 2402, North Hall) that it has joined forces with 25 leading technology companies to form an international advocacy group dedicated to fostering the development of the fast-emerging Application Service Provider (ASP) segment of the computer industry. Based in Massachusetts, the Application Service Provider Industry Consortium (ASP Industry Consortium (Application Service Provider Industry Consortium, Wakefield, MA) A now disbanded trade organization founded in 1999 dedicated to research and standards in the application service provider (ASP) industry. ) will sponsor research, foster standards and work to articulate the measurable benefits of the evolving ASP delivery model. In addition to Citrix's role as a founding member of the newly formed ASP Industry Consortium, Traver Gruen-Kennedy, Citrix's director of advanced business development, was elected chairman of the Consortium and will hold a seat on the Consortium's Board of Directors. "Citrix has been working with ASPs to deliver application services to corporate customers and consumers for more than a year," said Kennedy. "As a catalyst behind the growth of this market, we are extremely excited to see our efforts come to fruition with the formation of the Consortium. Citrix's 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. (R) and server-based computing model have consistently delivered results in corporate enterprises worldwide. Now, through the ASP model, this same architecture will extend the reach of best-of-breed technology solutions to even the smallest, most resource-constrained companies, serving to level the playing field and competitive landscape." In a move that demonstrates its commitment to the growing ASP trend, Citrix recently announced the creation of a business unit focused on the Internet to expand the company's current role in the rapidly developing ASP market. The formation of the iBusiness unit is Citrix's response to continued customer demand for anytime, anywhere access to applications. In the coming months, Citrix expects to announce formal programs for ASPs as well as product and technology directions in support of ASP and Internet market demands. In addition to Citrix, the founding members of the ASP Industry Consortium include AT&T, AristaSoft Corporation, Boundless Technologies, Inc., Cisco Systems, Inc., Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees. Quarterly sales $2499M, profits $210M (Aug 1994). http://compaq.com/. , Cylex Systems, Inc., Ernst & Young LLP LLP - Lower Layer Protocol , Exodus Communications, Inc., FutureLink Corporation, GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) , Great Plains Software, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Corporation, JAWS Technologies, Marimba marimba: see xylophone. marimba Xylophone with resonators under each bar. The original African instrument uses tuned calabash resonators. In Mexico and Central America, where it was brought by African slaves, the wooden bars may be affixed to a , Inc., Onyx Software Corporation, SaskTel, Sharp Electronics Corporation, Sun Microsystems, Inc., Telecomputing TeleComputing (OSE: TCO) is an international information technology operation and outsourcing company that provides services in Norway, Sweden and Russia, including IT on demand and software as a service services. In addition it owns the system development company Kentor. , UUNET (UUNET Technologies, Inc., Fairfax, VA, www.uunet.net) Founded in 1987, UUNET was the first commercial Internet service provider. Originally offering e-mail and news, it became a full Internet service organization providing dial-up and leased line accounts as well as archive space for , Verio, Inc., and Wyse Technology. About the ASPI (Advanced SCSI Programming Interface) An interface specification developed by Adaptec, Inc., Milpitas, CA, that provides a common language between drivers and SCSI host adapters. Consortium Founded in May of 1999, the Application Service Provider Industry Consortium is an advocacy group of companies formed to promote the application service provider industry by sponsoring research, fostering standards, and articulating the measurable benefits of this evolving delivery model. Information on the ASP Industry Consortium is available on the World Wide Web at www.aspconsortium.org or by contacting consortium headquarters at: ASP Industry Consortium, 401 Edgewater Place, Suite 500, Wakefield, MA 01880; Tel: 781-246-9321. About Citrix Founded in 1989, Citrix Systems, Inc. is the nation's 13th largest software company and world leader in system software for server-based computing. The MetaFrame(TM) and WinFrame(R) product lines and Independent Computing Architecture (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 give organizations the independence, speed and flexibility needed to extend any application to anyone, anywhere. The company's server-based computing solutions 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, 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 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, 1998 on file with the Securities and Exchange Commission, and the company's Form 10-Q for the quarter ended March 31, 1999 to be filed shortly with the Commission. Citrix(R), 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. Cisco IOS is a registered trademark of Cisco Systems, Inc. in the USA and other countries. All other trademarks and registered trademarks are property of their respective owners. |
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