Citrix Teams With New Millennium Gaming Ltd. to Bring Server-Based Computing to Gaming Industry.LAS VEGAS--(BUSINESS WIRE)--Nov. 18, 1998-- Citrix Server-Based Computing Refers to applications that run in a server. Also known as "thin client computing," it may refer to a browser-based environment that uses a Web browser as the client with all applications running on a Web server on the Internet or in an intranet on the LAN. Model to Offer Economic and Marketing Advantages for $50 Billion Gaming Industry 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 at COMDEX/Fall '98 (Microsoft Partner Pavilion, Booth E1/E2) a definitive licensing agreement with New Millennium Gaming Ltd. of Reno, Nev., for Citrix's 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)). Under the agreement, Citrix has granted New Millennium the right to use the ICA technology to dynamically deliver its gaming software, currently under development, to slot machines and other electronic gaming devices found in hotel casinos, cruise ships This is a list of cruise ships, both those in service and those that have since ceased to operate. Both cruise ships and cruiseferries are included in this list. (Ocean liners are not included on this list, see List of ocean liners. as well as over the Internet. Today's agreement represents a new application for Citrix's server-based computing model and an opportunity for the competitive $50 billion gaming industry to gain several economic and marketing advantages. These benefits include: reduction in capital expenditures by eliminating gaming hardware obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. ; increased competitive advantage by accelerating time-to-market with new gaming software; enhanced customer satisfaction and loyalty by allowing players to self-select their games of choice from a menu of possible games from a single machine. "Our WinFrame and MetaFrame server-based computing solutions are already helping the back offices of some of the world's largest casinos save time and money and gain a competitive advantage by turning IT obstacles into business opportunities," said Janice Roberts, director of client business development for Citrix Systems. "Today's agreement with New Millennium underscores the broad applicability our server-based computing solutions have in delivering applications and information to users across virtually any market - including the front office or `pits' of the gaming industry," continued Roberts. Today's slot machines and electronic gaming devices consist of a `box' filled with a combination of mechanical and electronic equipment, including spinning reels and mini-computers, which give casinos little flexibility to react to new market opportunities without physically replacing the entire hardware unit. "Server-based computing and Citrix's Independent Computing Architecture are poised to give the gaming industry want it has always wanted - the flexibility to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. new gaming trends and customer preferences dynamically, while preserving investment in existing gaming hardware, by running the gaming applications on central servers in a secure location and displaying only the interface out to the gaming device," said Michael Wiltshire, president of New Millennium Gaming Ltd. "Server-based computing is a natural extension of the technological developments that have occurred among gaming device manufacturers in the past two decades," said William R. Eadington, Ph.D., Professor of Economics and Director of the Institute for the Study of Gambling and Commercial Gaming at the University of Nevada, Reno The University of Nevada, Reno (Nevada or UNR) is a university located in Reno, Nevada, USA, and is known for its programs in agricultural research, animal biotechnology, and mining-related engineering and natural sciences. . "Similar to the computer industry's own evolution, the gaming industry could transform increasingly away from manufactured `boxes' and their free-standing innards and toward software development for new games that can be served to `empty boxes' or generic platforms. Server-based computing is one such method for dynamically serving up games." Professor Eadington is an internationally recognized authority on the legalization LEGALIZATION. The act of making lawful. 2. By legalization, is also understood the act by which a judge or competent officer authenticates a record, or other matter, in order that the same may be lawfully read in evidence. Vide Authentication. and regulation of commercial gaming and has written extensively on issues relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the economic and social impacts of commercial gambling. About Server-Based Computing Server-based computing offers a high-performance, reliable, secure and manageable way of delivering business-critical applications to end-user devices. Under this computing model, applications are deployed, managed, supported and executed 100% on a server. Server-based computing delivers an architecture that enables robust, secure access to virtually any application across any network to virtually any type of client, while delivering bottom-line business benefits: reduced cost of ownership and increased manageability through centralized application deployment and management. About Citrix ICA With over two million concurrent user In computer science, the number of concurrent users for a resource in a location, with the location being a computing network or a single computer, refers to the total number of people using the resource at the same time. licenses since its introduction in 1995, the Citrix Independent Computing Architecture (ICA) is an emerging industry standard for server-based computing. Citrix's Independent Computing Architecture includes a server software component, a network protocol component, and a client software component. On the server, ICA separates application logic from the user interface and executes 100% of the application on the server. The ICA network protocol transports keystrokes, mouse clicks and screen updates over standard protocols to the client, consuming less than 20 kilobits-per-second of network bandwidth. On the client, users see and work only with the application's interface. About New Millennium Gaming, Ltd. Founded in 1998, New Millennium Gaming Ltd. (NMG NmG No More Gas (Myers Motors electric vehicle) NMG Navy Metrication Group NMG Nuera Media Gateway NMG Network Media Gateway NMG Network Management Gateway NMG Network Measurement Group ) has developed a proprietary server-based gaming solution. NMG has a definitive licensing agreement with Citrix Systems, Inc. (Nasdaq:CTXS) to use Citrix's Independent Computing Architecture (ICA(R)) to dynamically deliver NMG's V: Game Solution(tm) gaming software to slot machines and other electronic gaming devices found in casinos and cruise ships as well as gaming applications for airlines and the Internet. New Millennium Gaming, Ltd. is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. based in Reno, Nev. For more information, contact Michael Wiltshire at 702/789-2702 or visit the NMG website at http://www.newmillenniumgaming.com. About Citrix Founded in 1989, Citrix Systems, Inc. is a leader in system software for server-based computing. The WinFrame(R) and MetaFrameTM product lines and Independent Computing Architecture (ICA(R)) technology are marketed through a worldwide business alliance of value-added resellers, system integrators, 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 and industry associates. Citrix is based in 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. and is traded on the Nasdaq-Amex Market Group under the symbol CTXS. For more information, please visit the Citrix website 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, 1997, the Quarterly Report or Form10-Q for the quarter ended June 30,1998, on file with the Securities and Exchange Commission, and the Quarterly Report or Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 1998, to be filed shortly with the Commission. Citrix(R), WinFrame(R) and ICA(R) are registered trademarks of Citrix Systems, Inc. MultiWin and MetaFrame are trademarks of Citrix Systems, Inc. for which there are pending applications for registration in the U.S. Patent and Trademark Office. All other trademarks and registered trademarks are property of their respective owners. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion