Citrix Saves Frank Russell Company Over $9 Million in 5 Years.Business Editors/High-Tech 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)--Aug. 18, 2003 Projected Cost-savings Attributed to Corporate Standardization on Citrix Software for Centralized 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. Application Deployment and Management 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 that Frank Russell Frank Russell may refer to the following people:
"Instead of spending $100,000 for local servers, full PCs, and on-site implementation and support, we anticipate it will now take a mere $10,000 to connect a user's desktop or client at a new location to the server farm located at our worldwide headquarters in the U.S.," said John Stingl, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. , Russell. "This new process will also save time, allowing us to scale up operations quickly in response to changing market needs." Russell, a subsidiary of Northwestern Mutual, delivers investment programs to more than 1,100 corporate clients in 35 countries around the world. To keep pace with rapid geographic expansion, Russell turned to Citrix with the goal of curtailing heavy demands on IT manpower and simplifying its IT environment by streamlining the enterprise-wide deployment of business-critical applications. With Citrix MetaFrame XP Presentation Server, Russell has significantly reduced the cost of managing the desktop by eliminating the need to individually roll out more than 250 applications directly to the user's desktop, including enterprise applications such as CODA-Financials, CODA's accounting software solution. Now, Russell's associates worldwide have on-demand, secure access to data and information through a Web-browser, and the IT staff can deploy and manage a worldwide application upgrade in a matter of hours versus weeks or months. Recognizing that security is a paramount concern, particularly within the investment services industry, Russell is also leveraging the secure gateway feature of Citrix MetaFrame XP Presentation Server. This feature provides the industry-standard Secure Sockets Layer (networking, security) Secure Sockets Layer - (SSL) A protocol designed by Netscape Communications Corporation to provide secure communications over the Internet using asymmetric key encryption. (SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data. ) encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. to encode (1) To assign a code to represent data, such as a parts code. Contrast with decode. (2) To convert from one format or signal to another. See codec and D/A converter. (3) The term is sometimes erroneously used for "encrypt. confidential financial data accessed over any network, including access over wireless networks. In doing so, employees from Russell's offices around the world can securely access applications in a familiar, browser-like interface from anywhere, using any device, over any connection. And by eliminating the need to transfer or download entire applications over the network, Citrix access infrastructure requires minimal bandwidth and ensures high performance and a consistent user experience, even in circumstances where bandwidth is limited. For employees, this increases productivity and gives them the freedom to work anywhere. Citrix MetaFrame XP Presentation Server is the world's most widely deployed presentation server, designed to enable IT staffs to centrally manage any custom or commercially packaged Windows(R) or Web application and provide secure, easy and instant access from any client device, across any network connection. As the foundation of the Citrix MetaFrame(R) Access Suite, Citrix MetaFrame XP Presentation Server provides highly scalable, flexible, secure and manageable access solutions that reduce computing costs and increase the utility of any information system. For investment services firms such as Russell, as well as other rapidly changing industries, Citrix access infrastructure for the on-demand enterprise delivers functionality in a heterogeneous application environment, simplifying the complexity of traditional computing. Citrix software is used extensively within the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry, including all 10 of the top 10 U.S. banks, all 10 of the top 10 U.S. insurance companies, and all five of the top five U.S. securities firms. About Citrix Citrix Systems, Inc. (Nasdaq:CTXS) is the global leader in access infrastructure solutions for businesses, government agencies, and educational institutions. The most trusted name in enterprise access, the Citrix MetaFrame Access Suite enables people to easily and securely access the on-demand enterprise, from anywhere, anytime, using any device over any connection. Nearly 50 million people in more than 120,000 organizations around the world use Citrix every day. Citrix customers include 99 percent of the Fortune 500, 95 percent of the Financial Times European 100, and 95 percent of the Fortune Global 100. Based in Fort Lauderdale, Florida Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. The city's population is described as metropolitan, where diverse culture is commonplace. According to 2006 U.S. , Citrix has offices in 22 countries, and more than 7,000 channel and alliance partners in more than 100 countries. For more information visit http://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 the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and 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), MetaFrame(R) and MetaFrame XP(TM) are registered trademarks or trademarks of Citrix Systems, Inc. in the U.S. and other countries. Windows(R) is a registered trademark of Microsoft Corporation (company) Microsoft Corporation - The biggest supplier of operating systems and other software for IBM PC compatibles. Software products include MS-DOS, Microsoft Windows, Windows NT, Microsoft Access, LAN Manager, MS Client, SQL Server, Open Data Base Connectivity (ODBC), MS Mail, in the U.S. and/or other countries. All other trademarks and registered trademarks are property of their respective owners. |
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