Printer Friendly
The Free Library
19,604,532 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Citrix Names David Urbani Corporate Controller; Seasoned Executive From Maytag Specializes in Financial Practices Aimed at Increasing Shareholder Value.


Business Editors/Technology Writers

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)--Feb. 24, 2000

Citrix(R) Systems, Inc. (Nasdaq:CTXS CTXS Citrix Systems (NASDAQ stock ticker symbol) ) today announced that David Urbani will become vice president, corporate controller for the company, effective March 6. Urbani comes to Citrix, a world leader in application server software and services, from Maytag Corporation, where he was vice president and treasurer.

"This year will prove to be a pivotal one for Citrix as we further fine-tune our financial operations to help us achieve our growth goals," said John Cunningham John Cunningham or Jack Cunningham may refer to:
  • John Cunningham (RAF officer) (1917–2002), Group Captain, RAF Night fighter Ace
  • John Cunningham (English VC) (1897–1941), East Yorkshire Regiment
, Citrix senior vice president of finance and administration and CFO See Chief Financial Officer. . "David Urbani brings the kind of experience we need to manage the financial operations of our business as we expand our presence as a global enterprise software provider."

"Citrix is a great company, and well positioned for even greater achievements," said Urbani. "Building on its existing leadership position in the application server software, the company is poised to be the infrastructure machine driving the very promising ASP market, and I am looking forward to contributing to Citrix's future success."

Urbani's financial experience includes treasury assignments at both Maytag and Air Products and Chemicals. At Maytag, he played a significant role in the overall financial restructuring of the company. At Air Products and Chemicals, he specialized in capital markets, risk management and financial analysis activities.

About Citrix

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. is a global leader in application server software and services that offer "Digital Independence(TM)" the ability to run any application on any device over any connection, wireless to Web. Citrix's solutions enable organizations of all types, from major enterprises to emerging Application Service Providers (ASPs), to reach more users, with more applications, in more locations - and achieve this with greater speed and predictability, and lower costs. Founded in 1989, Citrix today is one of the world's fastest-growing software companies, with more than 100,000 customers worldwide, including every one of the FORTUNE 100 firms. Its products, including MetaFrame(TM) software 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)), a core application-server technology, have been widely adopted by the corporate mainstream to achieve key business goals. The firm, which markets its solutions through value-added resellers, system integrators and 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, is headquartered in Fort Lauderdale, Fla. Citrix is traded on the Nasdaq National Market under the symbol CTXS and was recently named to the Standard & Poor's 500 Index. For more information, please visit the Citrix Web site 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, 1998 and the Quarterly Report or Form 10-Q Form 10-Q

See 10-Q.
 for the quarter ended September 30, 1999 on file with the Securities and Exchange Commission, and its Form 10-K for year ended December 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), MetaFrame(TM) and NFuse(TM) are trademarks of Citrix Systems, Inc. for which there are pending applications for registration in the U.S. Patent and Trademark Office. UNIX UNIX

Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics).
(R) is a registered trademark of The Open Group in the U.S. and other countries. All other trademarks and registered trademarks are property of their respective owners.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Feb 24, 2000
Words:731
Previous Article:"Who Wants to Marry a Multi-Millionaire" Bride Darva Conger to Chat On ABCNEWS.com Tonight.
Next Article:World Theatre, Inc. Appoints Chief Financial Officer.
Topics:



Related Articles
A watershed appointment.
CEO Lloyd Ward leaves Maytag.
names in the NEWS.
Maytag Corp.
Leopardi Named Treasurer of Citrix.
Citrix Appoints David Urbani as Acting CFO; John P. Cunningham Retires Due to Personal Matters.
Maytag Selects Ketera For Spend Management; Latest in Series of Fortune 500 Companies to Choose Ketera's ``On Demand'' Model over Software.
Registry-SafeRent acquires U.D. Registry: the addition of U.D. Registry's client base and proprietary owner-resident data provides First Advantage...
BRIEFCASE.
BRIEFCASE.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles