Citrix 2007 Annual Report Download - page 130

©2008 Citrix Systems, Inc. All rights reserved. Citrix®, Citrix Delivery Center™, Citrix XenApp™, XenServer™,
GoToMyPC®, GoToMeeting®, GoToAssist®, GoToWebinar®, Citrix Presentation Server™, NetScaler®, Citrix®
XenDesktop™, Citrix Work ow Studio™, Citrix Access Gateway™, EdgeSight®, Citrix Password Manager™,
Citrix Provisioning Server™ and Citrix® WANScaler™ are trademarks of Citrix Systems, Inc. and/or one or
more of its subsidiaries, and may be registered in the United States Patent and Trademark O ce and in
other countries. All other trademarks and registered trademarks are property of their respective owners.
Note Regarding Forward-Looking Statements
 is Annual Report contains forward-looking statements which are made pursuant to 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. In particular, statements contained in this Annual Report that are not historical facts, including, but not
limited to, statements concerning our product markets and their expected growth, our 2008 business plan, the potential
of desktop virtualization, Citrix Delivery Center, new products, product development and o erings, Application
Networking, Application Virtualization, Subscription Advantage, XenApp (formerly Presentation Server), NetScaler,
XenServer and XenDesktop, Citrix Ready, WANScaler and Access Gateway, our Partner Network historical stock option
granting practices and related restatements, stockholder derivative actions, cash and non-cash charges, contingent
liabilities related to Internal Revenue Code Section 409A, product and price competition, auction rate securities our
Online Services division, competition and strategy, customer diversi cation, employees, suppliers, product price and
inventory, contingent consideration payments, deferred revenues, economic and political market conditions, potential
government regulation, seasonal factors, natural disasters, stock-based compensation, licensing and subscription renewal
programs, international operations and expansion, revenue recognition, pro ts, growth of revenues, composition of
revenues, cost of revenues, operating expenses, sales and sales cycle, marketing and support expenses, general and
administrative expenses, research and development expenses, valuations of investments and derivative instruments,
technology relationships, reinvestment or repatriation of foreign earnings, gross margins, amortization expense,
goodwill and intangible assets, interest income, interest expense, impairment charges, anticipated operating and capital
expenditure requirements, cash in ows, contractual obligations, our credit facility and term loan, in-process research and
development, advertising campaigns, tax rates and deductions, SFAS 123R, leasing and subleasing activities, acquisitions,
stock repurchases, investment transactions, liquidity, litigation matters, intellectual property matters, distribution
channels, stock price, payment of dividends, Advisor Rewards Program, Microso agreements; price protection rights,
proprietary technology, security measures, third party licenses, and potential debt or equity  nancings constitute forward-
looking statements.  ese statements are neither promises nor guarantees. Our actual results of operations and  nancial
condition have varied and could in the future vary materially from those stated in any forward-looking statements.  e
following factors, among others, could cause actual results to di er materially from those contained in forward-looking
statements made in this Annual Report or presented elsewhere by our management from time to time: the success and
growth of our product lines; our product concentration and our ability to develop and commercialize new products
and services; the success of investments in our product groups, foreign operations and vertical and geographic markets;
Citrix’s and Microso ’s ability to develop and market application delivery and virtualization products; our timing and
ability to successfully integrate acquired companies (including without limitation XenSource), their products, operations
(including migration to our systems and controls) and employees; the introduction of new products by competitors or
the entry of new competitors into the markets for our products; failure to further develop and successfully market the
technology and products of acquired companies, including failure to execute our sales and marketing plans and failure
to successfully partner with key distributors, resellers, OEM’s and strategic partners; and the possible failure to achieve
or maintain anticipated revenues and pro ts from acquisitions; our ability to maintain and expand our business in small
sized and large enterprise accounts; the size, timing and recognition of revenue from signi cant orders; the e ect of new
accounting pronouncements on revenue and expense recognition; our reliance on and the success of our independent
distributors and resellers for the marketing and distribution of our products and the success of our marketing and licensing
programs; intellectual property litigation; shareholder litigation; increased competition; changes in our pricing policies
or those of our competitors; management of operations and operating expenses; charges in the event of the impairment
of assets acquired through business combinations and licenses; the management of anticipated future growth and the
recruitment and retention of quali ed employees, including those of acquired companies; competition and other risks
associated with the market for our Web-based access, training and customer assistance products and appliance products;
risks of downturns in economic conditions generally; political and social turmoil; and the uncertainty in the IT spending
environment; as well as other risks detailed in the our  lings with Securities and Exchange Commission, including our
Annual Report on Form 10-K for the year ended December 31, 2007. Such factors, among others, could have a material
adverse e ect upon our business, results of operations and  nancial 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 re ect events or circumstances a er the date on which such statement is made.