Citrix 2012 Annual Report Download - page 115

Annual Report 2012 Citrix Systems, Inc.
Note Regarding Forward-Looking Statements
This Annual Report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual operating results and financial
condition have varied in the past and could in the future vary significantly depending on a number of factors. From time
to time, information provided by us or statements made by our employees contain “forward-looking” information that
involves risks and uncertainties. In particular, statements contained in this Annual Report for the year ended December
31, 2012, and in the documents incorporated by reference into this Annual Report, that are not historical facts, including,
but not limited to, statements concerning new products, product development and offerings of products and services,
market positioning, distribution and sales channels, our partners and other strategic or technology relationships,
financial information and results of operations for future periods, product and price competition, strategy and growth
initiatives, seasonal factors, natural disasters, stock-based compensation, licensing and subscription renewal programs,
international operations and expansion, investment transactions and valuations of investments and derivative instruments,
reinvestment or repatriation of foreign earnings, fluctuations in foreign exchange rates, tax matters, acquisitions, stock
repurchases, changes in accounting rules or guidance, changes in domestic and foreign economic conditions and credit
markets, delays or reductions in technology purchases, liquidity, litigation matters, and intellectual property matters
constitute forward-looking statements and are made under the safe harbor provisions of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
These statements are neither promises nor guarantees. Our actual results of operations and financial condition could
vary materially from those stated in any forward-looking statements. The following factors, among others, could cause
actual results to differ materially from those contained in forward-looking statements made in this Annual Report, in the
documents incorporated by reference into this Annual Report or presented elsewhere by our management from time to
time: conditions affecting the information technology market; our ability to develop new products and services, integrate
acquired products and services and enhance our existing products and services; our ability to attract, engage, retain and
integrate key employees; changes in global economic conditions; changes in the market for our Desktop Virtualization line
of products and services; the impact of competition on our customer base and customer orders; industry consolidation;
actual or perceived security vulnerabilities in our products and services; regulation of the Web, privacy and data security;
the existence of errors in our products; outages, data loss and disruptions of our Collaboration and Data products and
Networking and Cloud products; the length of the sales cycle for our Desktop Virtualization and Bytemobile Smart
Capacity products; our ability to attract and retain, and further access, large enterprise customers; changes to our
licensing or subscription renewal programs or bundling of our products; sales and renewals of our license updates and
maintenance products; the expansion of our international footprint; our ability to effectively manage our direct sales force;
changes implemented by indirect distribution channels and major distributors; supply problems and price fluctuations
of our third-party suppliers and contract manufacturers; fluctuations in foreign currency exchange rates; our ability to
effectively manage our growth; achievement of operating margins and gross margins; whether we generate sufficient
cash flow from operations to fund our product development efforts and acquisitions or fulfill our future obligations; the
realization of financial and strategic goals we anticipate at the time of an acquisition; the impairment of any of our goodwill
or intangible assets; the maintenance and development of our strategic and technology relationships; our ability to protect
our intellectual property; the potential for our products and services to infringe third-party intellectual property rights; our
use of “open source” software and the continued development and enhancement of the open source technologies we
utilize; the maintenance and protection of our collection of brands; access to third-party licenses; natural disasters or
other unanticipated catastrophes; changes in capital market conditions and the ability of the private companies in which
we invest to obtain financing; unanticipated changes in our tax rates or our exposure to additional income tax liabilities;
the volatility of our stock price and changes or modifications in financial accounting standards, as well as other risks
detailed in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the
year ended December 31, 2012, or in the documents incorporated by reference into the Annual Report on Form 10-K for
the year ended December 31, 2012. Such factors, among others, could have a material adverse effect upon our business,
results of operations and financial condition. We caution readers not to place undue reliance on any forward-looking
statements, which only speak as of the date made. We undertake no obligation to update any forward-looking statement
to reflect events or circumstances after the date on which such statement is made.
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