Citrix NetScaler Gains Share in Web Application Delivery Market with Fastest Revenue Growth Rate Among Market Share Leaders.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. -- 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) ), the global leader in access infrastructure solutions, today announced market-leading growth in the $209M Application Delivery Controller (ADC (1) See A/D converter. (2) (Apple Display Connector) A peripheral connector from Apple that combines digital video display, USB and power in one cable. ) market according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a new report from Gartner titled "Market Share: Application Acceleration Equipment, Worldwide 1Q'06"(1). From Q405 to Q106 the Citrix(R) NetScaler(R) product line posted the highest overall growth rate of all the market share leaders named in the report based on worldwide market share. According to Gartner estimates, Citrix was one of only two vendors to increase in worldwide market share and revenue in both the overall Application Delivery Controller market (ADC)(2) and the Advanced Platforms ADC sub-segment (AP-ADC)(3). The growing trend among enterprise customers to centralize cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. servers and deploy web-enabled intranet applications has resulted in a strong demand for solutions that improve the performance, security and availability of these applications. The Citrix NetScaler solution is ideally suited to meet this demand by tightly integrating advanced traffic management capabilities with state-of-the-art application acceleration and security technology into a single easy-to-deploy network appliance (1) A specialized device for use on a network. For example, Web servers, cache servers and file servers can be implemented as general-purpose computers with the appropriate software or as network appliances, which are computers dedicated to a single function and cannot do anything . Additionally, since Citrix NetScaler's single, unified device takes the place of a number of point solutions, overall network infrastructures are simplified, and operational costs are reduced. "The NetScaler product line has long been a technology leader in the market for advanced web application delivery systems," said Wes Wasson, vice president of marketing and product strategy, Application Networking Group, Citrix. "Since acquiring NetScaler less than one year ago, Citrix has continued to increase that technology leadership while dramatically expanding its market reach through the extensive Citrix worldwide distribution channel. With an estimated 75 percent of all Internet users Internet user n → internauta m/f Internet user Internet n → internaute m/f now going through a Citrix NetScaler system each day, Citrix is well positioned to continue its success in this high-growth market." Since completing the acquisition of NetScaler in August of 2005, Citrix has increased market share by expanding the reach of the NetScaler product line through its worldwide distribution channel - one of the most extensive and developed distribution channels in the industry. Additionally, market share gains have been influenced by the exposure of the NetScaler product line to the vast Citrix installed base, which counts more than 180,000 customers worldwide. About Citrix NetScaler System Citrix NetScaler System optimizes the delivery of web applications--improving performance up to 15x, increasing security, and potentially doubling web server capacity at half the cost --ensuring the best total cost of ownership (TCO (1) (Total Cost of Ownership) The cost of using a computer. It includes the cost of the hardware, software and upgrades as well as the cost of the inhouse staff and/or consultants that provide training and technical support. See ROI. ), security, availability, and performance for web applications. Citrix NetScaler System is a comprehensive network system that combines high-speed load balancing The fine tuning of a computer system, network or disk subsystem in order to more evenly distribute the data and/or processing across available resources. For example, in clustering, load balancing might distribute the incoming transactions evenly to all servers, or it might redirect them and content switching with state-of-the-art application acceleration, layer 4-7 traffic management, data compression data compression Process of reducing the amount of data needed for storage or transmission of a given piece of information (text, graphics, video, sound, etc.), typically by use of encoding techniques. , static and dynamic content caching, SSL acceleration SSL acceleration is a method of offloading the processor-intensive public key encryption algorithms involved in SSL transactions to a hardware accelerator. Typically, this is a separate card that plugs into a PCI slot in a computer that contains one or more co-processors able to , numerous network optimizations, and robust application security into a single, tightly integrated solution. Deployed in front of application servers, the system significantly reduces processing overhead on application and database servers, reducing hardware and bandwidth costs. About Citrix Citrix Systems, Inc. (Nasdaq:CTXS) is the global leader and most trusted name in on-demand access. More than 180,000 organizations around the world rely on Citrix to provide the best possible access experience to any application for any user. Citrix customers include 100% of the Fortune 100 companies and 98% of the Fortune Global 500, as well as hundreds of thousands of small businesses and individuals. Citrix has approximately 6,200 channel and alliance partners in more than 100 countries. Citrix annual revenues in 2005 were $909 million. Learn more at www.citrix.com. For Citrix Investors This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. which 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. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with revenue growth and recognition of revenue, products, their development and distribution, product demand and pipeline, economic and competitive factors, the Company's key strategic relationships, acquisition and related integration risks as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein. Citrix(R) and NetScaler(R) are trademarks of Citrix Systems, Inc. and/or one or more of its subsidiaries, and may be registered in the U.S. Patent and Trademark Office and in other countries. All other trademarks and registered trademarks are property of their respective owners. (1) Market Share: Application Acceleration Equipment Worldwide, 1Q06, Joe Skorupa May 2006, Gartner, Inc. (2) Market Share: Application Acceleration Equipment Worldwide, 1Q06 Table 2-1, Joe Skorupa May 2006, Gartner, Inc. (3) Market Share: Application Acceleration Equipment Worldwide, 1Q06 Table 2-2, Joe Skorupa May 2006, Gartner, Inc. |
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