Milberg Weiss Bershad Hynes & Lerach LLP Announces Class Action Suit Against Citrix Systems, Inc

Business Wire, July 7, 2000

Business/Legal Editors

NEW YORK--(BUSINESS WIRE)--July 7, 2000

The following was released today by Milberg Weiss Bershad Hynes & Lerach LLP:

To Citrix Systems, Inc. Security Purchasers:

On June 14, 2000, a complaint was filed, alleging violations of the federal securities laws by Citrix Systems, Inc. (NASDAQ: CTXS) and certain of its officers and/or directors. The class action was commenced in the United States District Court for the Southern District of Florida, Fort Lauderdale Division, on behalf of purchasers of Citrix Systems securities during the period between October 18, 1999 and June 9, 2000, inclusive.

The complaint charges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder, by issuing materially false and misleading statements to the market. A copy of the complaint can be obtained from the Court, or can be viewed on Milberg Weiss' website at http://www.milberg.com/citrixsystems/

If you bought the securities of Citrix Systems between October 18, 1999 and June 9, 2000, you may, no later than August 14, 2000, request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. You may retain Milberg Weiss Bershad Hynes & Lerach LLP to serve as your counsel in this action by signing up on our website or by contacting us at the number listed below.

If you wish to discuss this action with us, or have any questions concerning this notice or your rights and interests with regard to the case, please contact the following attorneys: