Quarterly Revenue Growth Rate for Citrix Access Gateway More than Four Times that of Nearest Competitor According to New Infonetics Report
Dubai - August 12, 2006. Citrix Systems, Inc. (Nasdaq: CTXS), the global leader in access infrastructure solutions, today announced that its Citrix Access Gateway was the fastest growing product in the SSL VPN (Secure Sockets Layer Virtual Private Network) market over the past 12 months according to Infonetics Research, Inc. With an average revenue growth rate of 146 percent over the past four quarters, Citrix outpaced its nearest competitor by more than four times. The new numbers appear in Infonetics' recently published report, "Network Security Appliances and Software Quarterly Worldwide Market Share and Forecasts for 1Q'06."
Citrix entered the SSL VPN market for the first time in January 2005 when it introduced Citrix Access Gateway to its more than 5,000 worldwide channel partners. By extending secure remote access to any application, Access Gateway proved to be a natural addition to the company's popular application delivery solutions -- Citrix Presentation Server for client-server applications and Citrix NetScaler for Web applications. Citrix also led the market in innovation with the introduction of industry-leading capabilities such as Citrix SmartAccess, which lets administrators control not only who accesses application data, but also what they can do with it. As a result, data access becomes like a dimmer switch, where the right level of access can be dialed and configured for any access scenario.
"Citrix has successfully tapped into their huge installed base of Presentation Server and NetScaler customers to achieve very impressive growth rates over the past four quarters," said Jeff Wilson, principal analyst for VPNs and Security at Infonetics Research, Inc. "With this market-leading growth, Citrix is showing that there is tremendous unfulfilled demand for SSL VPNs. Citrix will clearly be a key player to watch in the coming year."
"In the Middle East, security and access are pressing issues for all organizations. The demand here for our market leading SSL-VPN products is such that we are now aggressively recruiting additional partners with the correct security credentials needed to help us meet the needs of our customers," concluded Fady Iskander, Regional Channel Manager, Citrix Systems Middle East.
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About Citrix
Citrix Systems, Inc. (Nasdaq:CTXS) is the global leader and most trusted name in on-demand access. More than 180,000 organizations around the world rely on Citrix to provide the best possible access experience to any application for any user. Citrix customers include 100% of the Fortune 100 companies and 98% of the Fortune Global 500, as well as hundreds of thousands of small businesses and individuals. Citrix has approximately 6,200 channel and alliance partners in more than 100 countries. Citrix annual revenues in 2005 were $909 million. Learn more at 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. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with revenue growth and recognition of revenue, products, their development and distribution, product demand and pipeline, economic and competitive factors, the Company's key strategic relationships, acquisition and related integration risks as well as 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.
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