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Citrix Systems to Present at Upcoming Technology Conferences; Company Updates Business Outlook.


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)--Dec. 2, 2002

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) ) today announced that several executives from the company will be presenting at upcoming investor conferences. Mark Templeton Mark Templeton (b. 1975) is Principal Trombone of the London Philharmonic Orchestra.

Mark studied at the Guildhall School of Music and Drama 1994-1998 with Eric Crees, Simon Wills and Peter Gane. During this time he became principal of the Gustav Mahler Youth Orchestra.
, president and chief executive officer, will be presenting at the CSFB CSFB Credit Suisse First Boston
CSFB Cyclically Shifted Filter Bank
 Technology Conference in Scottsdale, Arizona Scottsdale (O'odham Vaṣai S-vaṣonĭ) is a city in Maricopa County, Arizona, United States, adjacent to Phoenix. Scottsdale has become internationally recognized as a premier and posh tourist destination, while maintaining its own identity and culture as "  at 4:00 p.m. Eastern Time on Wednesday, December 4, 2002. Separately, at the upcoming Nasdaq Technology Conference, Scott Herren, vice president of finance and M&A, and additional members of the European executive European Executive is an British airline based in Shoreham, United Kingdom. It operates scheduled passenger flights and corporate, pleasure and freight flights. Its main base is Shoreham (Brighton City) Airport.  team will be presenting in London, England, and Frankfurt, Germany on Tuesday, December 3 through Thursday, December 5, 2002.

These presentations will be webcast live at the investor section of the Citrix website at http://www.citrix.com/investors. A replay of the webcasts will be available through Wednesday, December 11, 2002.

In addition, Citrix today announced an update to its business outlook. Although the company believes that continuing uncertainty in IT spending levels persists, Citrix management offers the following guidance for the fourth quarter ending December 31, 2002:


    --  Revenue is expected to be in the range of $120 million to $130
        million.

    --  Adjusted earnings per share is expected to be in the range of
        $0.12 to $0.17, excluding the effect of amortization of
        intangible assets primarily related to business acquisitions.



The above statements are based on current expectations. These statements are forward-looking, and actual results may differ materially. These statements do not include the potential impact of amortization of expenses and other exclusions.

About Citrix

Citrix Systems, Inc. is a global leader in virtual workplace software and services that provide access to applications, information, processes and people on any device, over any network, anywhere, anytime. Citrix makes today's digital office completely virtual - instead of having to go to your office, the office follows you. Working with the world's top industry, integration and consulting partners, Citrix delivers enterprise-ready solutions to business challenges including application deployment, remote office connectivity, workforce mobility and business continuity. More than 120,000 companies worldwide use Citrix Solutions for the Virtual Workplace to give users more mobility, give IT organizations more flexibility and reduce the cost of computing.

Citrix offers two families of products that enable virtual access to information: Application Server software, including MetaFrame XP(TM), MetaFrame(R) for Windows(R) and MetaFrame for 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); and Access Portal software Portal Software was founded in 1985 as Portal Information Network, one of the first ISPs in the San Francisco Bay Area. It was founded by John Little. The company offered its own interface through modem access that featured Internet email. , including NFuse(R) Elite and NFuse Classic. The company markets its products through a well-established indirect channel comprising approximately 6,000 resellers, integrators and consultants. In fiscal 2001, the company had net revenues of $591.6 million. Citrix is traded on the Nasdaq Stock Market Nasdaq stock market

The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies.
(SM) under the symbol CTXS, and is part of the Standard and Poor's Noun 1. Standard and Poor's - a broadly based stock market index
Standard and Poor's Index
 500 Index. Citrix is headquartered 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. . For more information, please visit the Citrix Web site at http://www.citrix.com.

For Citrix Investors

This release contains forward-looking statements 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. Investors are cautioned that statements in this press release, which are not strictly historical statements, including, without limitation, statements regarding planned product introductions, management's plans, objectives and strategies, and management's assessment of market factors, 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, acceptance of the company's MetaFrame and portal software product line; the company's product concentration and its ability to develop and commercialize new products and services; the company's success in expanding into new geographic and vertical markets; the company's ability to expand its core business in large enterprise accounts; the size, timing and recognition of revenue from significant orders and other revenue recognition changes; increased competition, including potential competition from Microsoft and other companies; the results of the company's new licensing programs; changes in the company's pricing policies or those of its competitors, including Microsoft; the costs and risks of developing, acquiring, or integrating new technologies or enhancements to existing products; the risks associated with third party licensing arrangements; the company's reliance upon its strategic relationships with Microsoft and other strategic partners; management of growth and higher operating expenses Operating expenses

The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted.
; the possibility of undetected software errors; dependence on proprietary technology; charges in the event of the impairment of assets; the maintenance of the company's growth rate; as well as risks of downturns in economic conditions generally, and in the software industry specifically, 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), MetaFrame XP(TM) and NFuse(R) are registered trademarks or trademarks of Citrix Systems, Inc. in the U.S. and other countries. UNIX(R) is a registered trademark of The Open Group in the U.S. and other countries. Microsoft(R) and Windows(R) are registered trademarks 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.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 2, 2002
Words:870
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