Citrix and Compaq Sign Worldwide Joint Marketing Agreement.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)--Oct. 14, 1997-- Co-Funded Marketing Initiatives to Focus on Total Cost of Ownership for Enterprise Applications 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 a worldwide joint marketing agreement with Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees. Quarterly sales $2499M, profits $210M (Aug 1994). http://compaq.com/. (NYSE NYSE See: New York Stock Exchange :CPQ CPQ Compaq CPQ Conseil du Patronat du Québec (Canada) CPQ Configure-Price-Quote CPQ Conseil de Presse du Québec (Québec Press Council, Canada) CPQ Companion Parrot Quarterly ) to promote the benefits of thin-client/server computing to customers and channel members. The initiatives will feature Citrix WinFrame WinFrame was a multi-user version of Windows NT 3.51 which was fully repackaged by Citrix Systems. At this stage of the product development Citrix Systems licensed the Windows NT 3.51 base operating system from Microsoft. (r) thin-client/server software and Compaq server hardware as an advanced solution to lower the cost of ownership for mission-critical enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking. . As part of the agreement, Citrix and Compaq will engage in joint marketing activities including seminars, tradeshow promotions and customer education programs beginning in early 1998. Earlier this year, Compaq joined the Citrix Business Alliance program, a growing coalition of industry vendors working with Citrix to develop complementary products and markets for WinFrame thin-client/server software. Today's agreement builds upon the focus of Citrix and Compaq in delivering scaleable, reliable, cost-effective solutions for mission-critical enterprise computing. "Our marketing alliance with Citrix underscores our commitment to help customers reduce the total cost of ownership for enterprise computing," stated Ronnie Ward, vice president and general manager, Enterprise Solutions Division, Compaq Computer Corporation. "Together, Citrix WinFrame thin-client/server software and Compaq systems offer customers a high-performance and cost-effective way to deploy, access and manage business-critical applications throughout an enterprise." "As a world-leader in enterprise computing solutions, Compaq offers WinFrame customers a reliable platform with which to deploy applications throughout the enterprise at an exceptional price/performance level," said Mark Templeton, vice president of marketing for Citrix. "Over half of our customers deploy WinFrame thin-client/server software on Compaq client and server hardware as an advanced solution for reducing the total cost of ownership for enterprise applications." Earlier this year, Citrix and Compaq completed WinFrame scaleability and performance benchmark testing and collaborated on a white paper entitled, "Configuring Compaq Servers in a Citrix WinFrame Environment." A copy of this white paper can be found at www.citrix.com/bizpart.htm on the Citrix Web site. Compaq has also included Citrix WinFrame thin-client/server software as a manual install option in its innovative SmartStart program. Compaq's SmartStart is an integration tool that optimizes platform configurations and simplifies the installation of servers and software. WinFrame's inclusion in the SmartStart program assists WinFrame installation on Compaq servers by allowing for the creation of support files, which helps MIS managers simplify configuration and lower installation time. About WinFrame WinFrame system software for thin-client/server computing delivers a high-performance, low-cost way to deploy, manage and access business-critical applications throughout the enterprise while safeguarding application performance, data security and administrative control. WinFrame'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)) enables applications to be centrally deployed across heterogeneous computing environments, regardless of user location, available bandwidth, type of client hardware or operating platform. WinFrame thin-client/server software is used by thousands of enterprises to support well over a million users worldwide. About Citrix Founded in 1989, Citrix Systems, Inc. is a leader in thin-client/server software solutions. The WinFrame(r) product line and Independent Computing Architecture (ICA(r)) thin-client/server 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, Fla. and is traded on the Nasdaq National Market under the symbol CTXS. 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 the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. 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, 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 and competitive pricing pressures. For a more detailed description of the risk factors associated with the company, please refer to the company's Annual Report on 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 fiscal year ended December 31, 1996, and its Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended June 30, 1997, filed with the Securities and Exchange Commission. -0- The Citrix(r) logo, WinFrame(r) and ICA(r) are registered trademarks of Citrix Systems, Inc. MultiWin(tm) is a trademark of Citrix Systems, Inc. for which there is a pending application for registration in the U.S. Patent and Trademark Office. All other trademarks and registered trademarks are property of their respective owners. NOTE TO EDITORS: In the Internet/email address noted in this news release, there is an "at" symbol between deepas and citrix.com; and between bmorrissey and webergroup.com . This symbol may not appear properly in some systems. CONTACT: Citrix Systems, Inc. Deepa Swamy, 954/267-2346 or deepas@citrix.com or The Weber Group, Inc. Beth Morrissey, 617/520-7246 or bmorrissey@webergroup.com |
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