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Citrix Saves Frank Russell Company Over US$9 Million in 5 Years

  • 20 August, 2003 11:34

<p>Citrix announces that worldwide investment services firm, Frank Russell Company has implemented Citrix MetaFrame XP Presentation Server as a corporate standard to save more than US$9 million in IT infrastructure and support costs. During the next five years, the company expects to save more than US$5 million in direct costs and avoid another US$4 million from outsourcing IT – all by implementing Citrix access infrastructure.</p>
<p>Using Citrix MetaFrame XP Presentation Server, Frank Russell has significantly reduced the cost of managing the desktop by eliminating the need to individually roll out more than 250 applications directly to the user’s desktop, including enterprise applications. Now, Frank Russell’s associates worldwide have on-demand, secure access to data and information through a Web-browser, and the IT staff can deploy and manage a worldwide application upgrade in a matter of hours versus weeks or months.</p>
<p>For further information please contact Skye Eggleton or Julie Eubank +61 2 9904 4533 or pr@howorth.com.au.</p>
<p>CITRIX SAVES FRANK RUSSELL COMPANY OVER US$9 MILLION IN 5 YEARS</p>
<p>-Projected Cost-savings Attributed to Corporate Standardisation on Citrix Software for Centralised Application Deployment and Management-</p>
<p>FORT LAUDERDALE, Fla. — August 20, 2003 — Citrix Systems, Inc, the global leader in access infrastructure solutions, today announced that Frank Russell Company, a worldwide investment services firm managing more than US$76 billion in assets and advising clients on more than US$1.6 trillion in assets, has implemented Citrix® MetaFrame XP™ Presentation Server as a corporate standard to save more than US$9 million in IT infrastructure and support costs. During the next five years, Russell expects to save more than US$5 million in direct costs and avoid another US$4 million from outsourcing IT – all by implementing Citrix access infrastructure.</p>
<p>“Instead of spending US$100,000 for local servers, full PCs, and on-site implementation and support, we anticipate it will now take a mere US$10,000 to connect a user’s desktop or client at a new location to the server farm located at our worldwide headquarters in the U.S.,” said John Stingl, CTO, Russell. “This new process will also save time, allowing us to scale up operations quickly in response to changing market needs.”</p>
<p>Russell, a subsidiary of Northwestern Mutual, delivers investment programs to more than 1,100 corporate clients in 35 countries around the world. To keep pace with rapid geographic expansion, Russell turned to Citrix with the goal of curtailing heavy demands on IT manpower and simplifying its IT environment by streamlining the enterprise-wide deployment of business-critical applications. With Citrix MetaFrame XP Presentation Server, Russell has significantly reduced the cost of managing the desktop by eliminating the need to individually roll out more than 250 applications directly to the user’s desktop, including enterprise applications such as CODA-Financials, CODA’s accounting software solution. Now, Russell’s associates worldwide have on-demand, secure access to data and information through a Web-browser, and the IT staff can deploy and manage a worldwide application upgrade in a matter of hours versus weeks or months.</p>
<p>Recognising that security is a paramount concern, particularly within the investment services industry, Russell is also leveraging the secure gateway feature of Citrix MetaFrame XP Presentation Server. This feature provides the industry-standard Secure Sockets Layer (SSL) encryption to encode confidential financial data accessed over any network, including access over wireless networks. In doing so, employees from Russell’s offices around the world can securely access applications in a familiar, browser-like interface from anywhere, using any device, over any connection. And by eliminating the need to transfer or download entire applications over the network, Citrix access infrastructure requires minimal bandwidth and ensures high performance and a consistent user experience, even in circumstances where bandwidth is limited. For employees, this increases productivity and gives them the freedom to work anywhere.</p>
<p>Citrix MetaFrame XP Presentation Server is the world’s most widely deployed presentation server, designed to enable IT staffs to centrally manage any custom or commercially packaged Windows® or Web application and provide secure, easy and instant access from any client device, across any network connection. As the foundation of the Citrix MetaFrame® Access Suite, Citrix MetaFrame XP Presentation Server provides highly scalable, flexible, secure and manageable access solutions that reduce computing costs and increase the utility of any information system. For investment services firms such as Russell, as well as other rapidly changing industries, Citrix access infrastructure for the on-demand enterprise delivers functionality in a heterogeneous application environment, simplifying the complexity of traditional computing.</p>
<p>Citrix software is used extensively within the financial services industry, including all 10 of the top 10 U.S. banks, all 10 of the top 10 U.S. insurance companies, and all five of the top five U.S. securities firms.</p>
<p>- ends -</p>
<p>About Citrix
Citrix Systems, Inc. (Nasdaq:CTXS) is the global leader in access infrastructure solutions for businesses, government agencies, and educational institutions. The most trusted name in enterprise access, the Citrix MetaFrame Access Suite enables people to easily and securely access the on-demand enterprise, from anywhere, anytime, using any device over any connection. Nearly 50 million people in more than 120,000 organizations around the world use Citrix every day. Citrix customers include 99 percent of the Fortune 500, 95 percent of the Financial Times European 100, and 95 percent of the Fortune Global 100. 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.</p>
<p>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.</p>
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<p>Citrix®, MetaFrame® and MetaFrame XP™ are registered trademarks or trademarks of Citrix Systems, Inc. in the U.S. and other countries. Windows® is a registered trademark of Microsoft Corporation in the U.S. and/or other countries. All other trademarks and registered trademarks are property of their respective owners.</p>

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