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Thursday: March 10, 2005 |
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Citrix Systems, Inc. Citrix Systems to Present at Upcoming Technology Conferences; Company Updates Business Outlook FORT LAUDERDALE, Fla. – December 2, 2002 – Citrix Systems, Inc. (Nasdaq: CTXS) today announced that several executives from the company will be presenting at upcoming investor conferences. Mark Templeton, president and chief executive officer, will be presenting at the CSFB Technology Conference in Scottsdale, Arizona 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 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™, MetaFrame® for Windows® and MetaFrame for UNIX®; and Access Portal software, including NFuse® 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 MarketSM under the symbol CTXS, and is part of the Standard and Poor's 500 Index. Citrix is headquartered in Fort Lauderdale, Florida. 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 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; 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®, MetaFrame®, MetaFrame XP™ and NFuse® are registered trademarks or trademarks of Citrix Systems, Inc. in the U.S. and other countries. UNIX® is a registered trademark of The Open Group in the U.S. and other countries. Microsoft® and Windows® are registered trademarks of Microsoft Corporation in the U.S. and/or other countries. All other trademarks and registered trademarks are property of their respective owners. |