Business Services Industry

Citrix Shareholder Class Action Lawsuit Dismissed

Business Wire, Nov 6, 2001

Business Editors/Technology Writers

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Nov. 6, 2001

Citrix Systems, Inc. (Nasdaq:CTXS), a global leader in application serving and portal software and services, today announced that the United States District Court for the Southern District of Florida has dismissed with prejudice the consolidated shareholder class action lawsuit filed last year against the company and certain of its officers.

"The court order to dismiss supports our long-standing position that the lawsuits were groundless and without merit," said John Cunningham, senior vice president of operations and chief financial officer for Citrix.

About Citrix

Citrix Systems, Inc. is a global leader in application serving and portal software and services that provide personalized access to any application or information source - whether Windows(R), UNIX(R) or Web-based - through any device, over any connection. Companies worldwide use Citrix technologies to integrate applications, content and business processes into a pervasive digital environment - a virtual workplace - offering seamless connectivity and a consistent user experience across the Internet, intranets, extranets, WANs, LANs and wireless networks. Citrix solutions drive cost efficiency, productivity and enhanced e-business opportunities by enabling companies to leverage existing IT resources and extend personalized information access to employees, partners, customers and suppliers.

Citrix products offer rapid, cost-effective deployment and include MetaFrame(R) application serving software, NFuse(TM) application portal

software, Citrix Extranet(TM) VPN software, XPS(TM) portal software, and Citrix Independent Computing Architecture (ICA(R)), a core application serving technology. The company markets its application serving products through a well-established reseller channel and sells its portal software products directly to customers to provide the level of customization they need. Citrix is traded on the Nasdaq Stock Market(SM) 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.

Citrix(R), ICA(R), MetaFrame(R), Citrix Extranet(TM) and NFuse(TM)are registered trademarks or trademarks of Citrix Systems, Inc. in the U.S. and other countries.

COPYRIGHT 2001 Business Wire
COPYRIGHT 2001 Gale Group
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
  • Click Here
advertisement

Content provided in partnership with Thompson Gale