Citrix Systems Announces Preliminary Expectations for Second Quarter of Fiscal 2000; Conference Call To Discuss Business Developments Will Be Held at 9:00 a.m. EST.

Business Editors/Technology Writers

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--June 12, 2000

Citrix Systems, Inc. (Nasdaq:CTXS) today announced preliminary expectations for the second fiscal quarter ending June 30, 2000. For the quarter, the company expects to report total revenue in the range of $105 million to $110 million, compared to $94.4 million in the second quarter of 1999. The company expects to report earnings per share, excluding the amortization of intangible assets relating to business combinations, in the range of $0.09 and $0.11, compared to $0.16 for the second quarter of 1999.

The expected results announced today are lower than the consensus estimates of Wall Street analysts for the company's quarterly performance. The company believes that these revised estimates result from several factors, including:

--  the transition in certain accounts from a predominantly
    shrink-wrap "box" licensing model to a paper/electronic licensing
    model is occurring faster than expected, which is having a
    short-term negative impact on revenue growth;

--  the expansion of core business within large enterprise accounts is
    progressing more slowly than expected; and

--  the expansion of the company's business in certain markets,
    including Asia, is progressing more slowly than expected.

"While we are disappointed in the rate at which we are penetrating large enterprise accounts and new geographic markets, we continue to be optimistic about the opportunities presented in the application serving market," said Mark Templeton, Citrix president and CEO. "Further, although the transition to a paper/electronic licensing model is negatively impacting revenues in the short-term, we believe the acceptance of this program by our channel partners will ultimately have a long-term positive impact on our revenue growth."

Citrix will host a conference call at 9:00 a.m. EST to discuss these business developments. The dial in number is 703-871-3025 and the call can also be accessed through the Internet at www.vcall.com or www.streetfusion.com.

Citrix will announce final results for the quarter on July 19, 2000, 5:00 p.m. EST.

Founded in 1989, Citrix Systems, 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. Its products, including MetaFrame(TM) software and Independent Computing Architecture (ICA(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 licenses, is headquartered in Fort Lauderdale, Florida. Citrix is traded on the Nasdaq National Market under the symbol CTXS and is part of the Standard & Poor's 500 Index.

For Citrix Investors

This release contains forward-looking statements which are made pursuant to the safe harbor 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. 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. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by the forward-looking statements, including, without limitation, risks associated with the following: the success of the company's MetaFrame product line and the acceptance of the company's ICA protocol; the company's ability to develop and commercialize new products and services; the company's success in expanding into new geographic markets; the company's ability to expand its core business in large enterprise accounts; the company's ability to succeed in the transition to a paper/electronic licensing model; the size, timing and recognition of revenue from significant orders; increased competition, including potential competition from Microsoft and other companies; the results of the company's iBusiness and other new licensing programs; the rate of growth of the ASP market, and the company's ability to continue to develop and market products to meet the requirements of this market; the proportion of revenues derived from distributors, OEMs and other channels; changes in the company's pricing policies or those of its competitors, including Microsoft; the costs of developing, acquiring, or integrating new technologies or enhancements to existing products; the company's reliance upon its strategic relationships with Microsoft and other strategic partners; management of growth; the possibility of undetected software errors; dependence on proprietary technology; risks that the company's branding campaign will not enhance the company's business or results in the manner anticipated; as well as risks of downturns in economic conditions generally, and in the software industry specifically, and risks associated with competition and competitive pricing pressures, 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), WinFrame(R), ICA(R), MetaFrame(TM), NFuse(TM)and Digital Independence(TM)are registered trademarks or trademarks of Citrix Systems, Inc. in the U.S. and other countries. Solaris(TM)is a registered trademark of Sun Microsystems, Inc. in the United States and in other countries. Windows(R)is a registered trademark of Microsoft Corporation. All other trademarks and registered trademarks are property of their respective owners.