Citrix On-Demand Information Access Becomes Strategic Advantage in Financial Services Industry

FORT LAUDERDALE, Fla.--()--May 24, 2004--

  Madison National Life and The Campbell Group Use Citrix Access Infrastructure to Help Reduce Costs While Investing in Growth  



Citrix Systems, Inc. (Nasdaq:CTXS), the global leader in access infrastructure solutions, today announced increased momentum in the financial services industry with the growing adoption of the Citrix(R) MetaFrame(R) Access Suite. The most complete access solution available for business, government and education, the MetaFrame Access Suite includes Citrix MetaFrame Presentation Server as its foundation, along with MetaFrame Secure Access Manager, MetaFrame Password Manager, and MetaFrame Conferencing Manager. Citrix access infrastructure is used by an increasing number of financial services firms, including all 10 of the top 10 U.S. banks and all 10 of the top 10 U.S. insurance companies. These companies are taking a strategic approach to information access, understanding its core importance to any business strategy, from regulatory compliance and partner commerce to consolidating IT systems and branch office expansion.

Madison National Life Insurance Company and The Campbell Group LLC are examples of companies building a strategic advantage on Citrix access infrastructure. By centralizing management of their IT infrastructure in a Citrix environment, and standardizing on a holistic access strategy, they are substantially reducing IT costs. This budget can then be reallocated from running the business to growing the business. These companies are realizing that secure, easy and instant on-demand access to any application and information, from anywhere, using any device, over any connection, can make or break their key growth initiatives, such as getting branch offices up and running faster for a known cost, and improving employee productivity and customer service.

Madison National Life Insurance Company

Owned by Independence Holding Company and headquartered in Madison, Wis., Madison National Life Insurance Company provides group life and disability, credit life and disability, and annuity products to military and government personnel. To support its expansion strategy for growth, the company needed a repeatable, low-cost way to give remote users immediate and secure access to the information and applications they need. But IT scalability and application performance issues were roadblocks to executing on this strategy. Madison National Life turned to MetaFrame Presentation Server and MetaFrame Secure Access Manager for a solution. Not only can the company now securely, easily and instantly connect remote users, but communication costs have also been cut by more than 50 percent. Users - wherever they are, including working from home - can now access a range of applications through a secure, single browser view with a consistent user experience no matter what device they use.

"Before implementing Citrix access infrastructure, frustrations ran high when employees were forced to contend with slow, limited access that severely cut into efficiencies. This challenged our ability to execute on our growth strategy," said Elino Munsayac, vice president of information technology for Madison National Life Insurance Company. "As we look to the future, our strategy is to create a standardized, virtual office that we can roll out to anyone, anywhere in minutes - Citrix will allow us to get there."

The Campbell Group LLC

With assets under management exceeding $1.4 billion, The Campbell Group is one of the largest timber investment managers in the world. By implementing Citrix access infrastructure, the Portland, Ore., firm has resolved an access issue that compromised the stability and performance of business-critical inventory, accounting applications and email communications for employees distributed across seven field offices. With MetaFrame Presentation Server, Campbell has centralized application management, making it possible to publish an application in less than one day versus the three months it used to take. Moreover, MetaFrame Secure Access Manager enables the firm to give clients customized, role-based access to financial information and reports relevant to their investments. MetaFrame Secure Access Manager has also helped eliminate remote access configuration issues and network security concerns.

"It was central to our business strategy to provide easy information access to employees, clients and contractors," said Mike Hughes, information systems manager, The Campbell Group. "Citrix access infrastructure has enhanced the user experience with secure, easy, instant access. This has played an instrumental role in our strategic initiatives of branch office expansion and business continuity - allowing us to quickly set up new offices and restore data to field offices during any outage by making applications accessible via the Net."

The foundation of the Citrix MetaFrame Access Suite, MetaFrame Presentation Server is the world's most widely deployed presentation server for centrally managing heterogeneous applications and delivering their functionality as a service to workers, wherever they may be. MetaFrame Secure Access Manager provides secure, single-point access over the Web to any information resource, including client/server, legacy and Web applications, Internet and intranet sites, streaming media, documents, network files services and XML-based Web services. With a powerful set of easy-to-use, wizard-driven configuration tools, IT administrators can enable organized, browser-based access to business-critical or financial resources - configured for each user's role or access needs, with secure connectivity over the Web.

About Citrix

Citrix Systems, Inc. (Nasdaq:CTXS) is the global leader in access infrastructure solutions and the most trusted name in secure access for enterprises and individuals. Nearly 50 million people in more than 120,000 organizations around the world use Citrix every day. Our software gives people secure and well-managed access to business information wherever it lives-on demand. Citrix customers include 100% of the Fortune 100 companies, 99% of the Fortune 500, and 92% of the Fortune Global 500. Based in Fort Lauderdale, Florida, Citrix has offices in 22 countries, and more than 7,000 channel and alliance partners in more than 100 countries. For more information visit 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. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships 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) and MetaFrame(R) are registered trademarks or trademarks of Citrix Systems, Inc. in the U.S. and other countries. All other trademarks and registered trademarks are property of their respective owners.

Contacts

Citrix Systems, Inc., Fort Lauderdale
Liz Kegg, 303-919-6395
liz.kegg@citrix.com
or
Greenough Communications
Laura Hurley, 617-275-6519
lhurley@greenoughcom.com
or
For Citrix product information: 1-800-437-7503

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Contacts

Citrix Systems, Inc., Fort Lauderdale
Liz Kegg, 303-919-6395
liz.kegg@citrix.com
or
Greenough Communications
Laura Hurley, 617-275-6519
lhurley@greenoughcom.com
or
For Citrix product information: 1-800-437-7503