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Citrix Startup Accelerator Announces Startup.Synergy $100K Challenge Finalists

The IT landscape is in a period of dramatic change, shifting expectations of IT and computing capabilities and providing an possibility for entrepreneurs to contribute their ideas. As the exceptions of the PC Era – mobile users, personal devices, and wireless access – rapidly become the assumptions of the Cloud Era, Citrix recognizes that startups can help shape the future. With the Startup Accelerator program, Citrix continues to lead technology by enabling entrepreneurs to benefit from the global Citrix presence, its large customer base and seasoned go-to-market strategies to help furthermore their ideas.

“When we launched our open research initiative last year, we invested in companies that would stretch the research landscape. Having the first two companies coming out successfully is a fantastic result.”

Citrix Systems, Inc. transforms how businesses and IT work and people collaborate in the cloud era. With market-leading cloud, collaboration, networking and virtualization technologies, Citrix powers mobile workstyles and cloud services, making complex enterprise IT simpler and more accessible for 260,000 organizations. Citrix products touch 75 percent of Internet users each day and it partners with more than 10,000 companies in 100 countries. Annual revenue in 2011 was $2.21 billion. Learn more at www.citrix.com.

This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and 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 impact of the global economy and uncertainty in the IT spending environment, revenue growth and recognition of revenue, products and services, their development and distribution, product demand and pipeline, economic and competitive factors, the Company’s key strategic relationships, acquisition and related integration risks as then 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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