Increase in Number of Organisations Adopting Citrix and Extending Their Citrix Deployment Helps Grow Year-on-Year Q3 2007 Revenues by 42%
Citrix Systems, Inc. (Nasdaq: CTXS), the global leader in application delivery infrastructure, today announced that a growing number of organisations in Thailand are adopting Citrix solutions to solve critical business challenges and support business growth. This momentum in customer adoption has helped to boost Citrix revenues in Thailand by 42% year-on-year in Q3 2007 as compared to Q3 2006.
To date, Citrix has more than 330 customers in Thailand. Some of Citrix’s referenceable customers in Thailand include Advanced Info Service, Charoen Pokphand Foods PCL, KBank, Siam Cement Group and PEPPO Fashions Group. Most of its growth there can be attributed to Citrix customers across industries scaling up their application delivery infrastructure as a standard operating environment as they realise tangible business benefits from their initial implementation.
“Citrix strong growth in revenue and customers attest the importance of application delivery infrastructure in addressing the dynamic forces impacting today’s businesses and the increasing business requirement for applications to be delivered anywhere,” said Yaj Malik, Area Vice President, ASEAN, Citrix Systems. “Our growth in Thailand has come from brand new customers, as well as existing organisations that have implemented Citrix solutions on a small footprint, and are now extending their Citrix deployment across the enterprise.”
Citrix Systems Enjoys Growth Momentum in ASEAN
Citrix Systems grew its ASEAN revenues by 48% in 2006, and expects to maintain a double-digit growth rate for 2007, driven by strong demand across key verticals including financial services, government and telecommunications across the government.
“Our channel partners are intrinsically involved in the Citrix growth story, and we are committed to strengthening these channel partnerships to offer customers a complete solution to deliver, secure, optimise and monitor application delivery,” said Mr Malik.
Citrix has nine channel partners in Thailand, including: AMR Asia, Bhatara Progress, Information Enterprise, San Benefits, Terra Soft & Consulting, Whizz-Work Technology, The Value System, Teo Hong Silom and M-Solutions Technology.
In addition, key to Citrix's growing momentum in ASEAN and Thailand is its business strategy that addresses the needs of different IT buyers, offering organisations of mid-to-large enterprises the ability to deliver any application from any access point with the best performance, highest security and lowest cost. Citrix continues to give organisations' network architects, server operations, desktop operations, IT infrastructure teams and strategic IT decision-makers the ability to adapt on demand as well as the tools they need to cater to business propositions unique to every company.
About Citrix
Citrix Systems, Inc. (Nasdaq:CTXS) is the global leader and the most trusted name in application delivery infrastructure. More than 200,000 organizations worldwide rely on Citrix to deliver any application to users anywhere with the best performance, highest security and lowest cost. Citrix customers include 100% of the Fortune 100 companies and 99% of the Fortune Global 500, as well as hundreds of thousands of small businesses and prosumers. Citrix has approximately 6,200 channel and alliance partners in more than 100 countries. Annual revenue in 2006 was US$1.1 billion.
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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