Computer Sciences Corporation and Citrix Team to Speed Worldwide Application Delivery.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)--March 13, 2002 Leading Consulting and IT Services Provider Leverages Citrix Technology to Simplify Application Delivery to Outsourcing Clients, Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. Software Customers and Enterprise Users 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) ), a global leader in application serving and 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. and services, today announced a global multifaceted mul·ti·fac·et·ed adj. Having many facets or aspects. See Synonyms at versatile. Adj. 1. multifaceted - having many aspects; "a many-sided subject"; "a multifaceted undertaking"; "multifarious interests"; "the multifarious agreement with Computer Sciences Corporation (NYSE NYSE See: New York Stock Exchange :CSC (Card Security Code) A three- or four-digit number printed on the back of credit cards for security purposes. Called "Card Verification Value" (CVV) by Visa, "Card Validation Code" (CVC) by MasterCard and "Card Identification (CID) by American Express and Discover, ), a leading consulting and IT services firm. The key components of the licensing agreement will enable CSC to:
-- Incorporate Citrix(R) MetaFrame(R) application serving
software as part of CSC's application outsourcing solution for
its many customers across a number of vertical industries.
-- Embed MetaFrame into CSC's leading reinsurance administration
software, SICS/nt.
-- Deploy MetaFrame internally across CSC's organization to
facilitate the delivery of business applications to enterprise
users.
By incorporating Citrix MetaFrame as part of its application outsourcing solutions, CSC will provide customers worldwide with improved application access and performance from any location. In addition, the 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. administration and deployment capabilities of MetaFrame allow CSC to more effectively manage central data centers for outsourcing customers and reduce the cost of IT administration and support. CSC will also integrate MetaFrame software into its leading reinsurance administration software, SICS/nt, which offers client-centered functionality in a fully integrated and user-friendly package for property, casualty and life reinsurance professionals. As a result, CSC will be able to provide clients with a more efficient reinsurance solution. Since all application processing is maintained on the server, the Citrix model provides fast, secure application access to users without the need to expand bandwidth capacity. Through its deployment of MetaFrame to users across its own global enterprise in conjunction with a number of internal applications, CSC will offer internal staff expanded and more efficient access. CSC's MetaFrame deployment will enable users to quickly and reliably access business-critical information directly from their desktops, increasing staff productivity. "By investing in Citrix technology to speed the delivery of our applications and services, we are strengthening our commitment to providing customers with unique, cost-effective solutions tailored to their individual needs. Citrix also expands the application delivery and management capacities of our outsourcing support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services ," said John D. Butch, global director of CSC's Distributed, Collaborative, eInfrastructure Services group. "Our relationship with CSC enables a more complete solution for customers," said Roger Rose, vice president, corporate development, global enterprise alliances for Citrix. "Citrix is all about providing customers with virtual access to applications and data. CSC is focused on providing application software that's simple to use but has extremely rich functionality. Melding the two offers customers greater value by providing access to those applications regardless of location, device or network." About Computer Sciences Corporation Computer Sciences Corporation, one of the world's leading consulting and IT services firms, helps clients in industry and government achieve strategic and operational results through the use of technology. The company's success is based on its culture of working collaboratively with clients to develop innovative technology strategies and solutions that address specific business challenges. Having guided clients through every major wave of change in information technology since 1959, CSC combines the newest technologies with its capabilities in consulting, systems design and integration, IT and business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in , applications software, and Web and application hosting to meet the individual needs of global corporations and organizations. With some 68,000 employees in locations worldwide, CSC had revenues of $11.3 billion for the twelve months ended Dec. 28, 2001. It is headquartered in El Segundo El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif. For more information, visit the company's Web site at http://www.csc.com. 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 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, including NFuse(TM) Elite, NFuse Classic and Enterprise Services for NFuse. The company markets its products through a well-established indirect channel comprising more than 7,000 resellers, integrators and consultants. In fiscal 2001, the company had net revenues of over $590 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 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 and portal software product line and the acceptance of the company's 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. protocol; the company's 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 transition to an electronic licensing model; the company's ability to expand its core business in large enterprise accounts; the company's ability to succeed in the transition to an 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 NFuse Elite and other new licensing programs; 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 risks associated with third party licensing arrangements; the company's ability to successfully integrate and manage merged or acquired companies; 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; 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), ICA(R), MetaFrame(R), MetaFrame XP(TM) and NFuse(TM) are registered trademarks or trademarks of Citrix Systems, Inc. in the U.S. and other countries. Microsoft(R), Windows(R), and Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. (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, . UNIX(R) is a registered trademark in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other countries, exclusively licensed through X/Open Company, Ltd. All other company and product names are trademarks or registered trademarks of their respective owners. |
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