19 Over
Comparable Period Last Year

Citrix Systems, Inc.

-- In its stock repurchase activity, the company received almost
2. (Nasdaq:CTXS) is the global leader in access
infrastructure solutions and the most trusted name in secure access
for enterprises and individuals.
Investors are cautioned that statements in this press release, which
are not strictly historical statements, including, without limitation,
statements by management, the statements contained in Financial
Outlook, and in the reconciliation of non-GAAP financial measures to
comparable U.

Use of Non-GAAP Financial Measures

In our earnings release, conference call, slide presentation or
webcast, we may use or discuss non-GAAP financial measures as defined
by SEC Regulation G.

birkenau lipizzan

com/investors
through May 4, 2005.
GAAP measures concerning management's forecast of
revenues and earnings per share, statements regarding existing and new
products and services, and management's plans, objectives and
strategies, constitute forward-looking statements.
C - To exclude the effects of the write-off of in-process research
and development.22 to $0.24 to $0.

majdanek stutthof

0% convertible senior notes
maturing March 30, 2015.24 Versus $0.22 to $0. Such
forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results to differ materially
from those anticipated by the forward-looking statements, including,
without limitation, the success of the company's product lines; the
company 's product concentration and its ability to develop and
commercialize new products and services; the success of investments in
foreign operations and vertical and geographic markets; the company's
ability to successfully integrate the operations and employees of
acquired companies, and the possible failure to achieve anticipated
revenues and profits from acquisitions; the company's ability to
maintain and expand its core business in large enterprise accounts;
the company's ability to attract and retain small sized customers; the
size, timing and recognition of revenue from significant orders; the
effect of new accounting pronouncements on revenue and expense
recognition; the company's reliance on and the success of the
company's independent distributors and resellers for the marketing and
distribution of the company's products and the success of the
company's marketing and licensing programs, including the Advisor
Rewards program; increased competition; changes in the company's
pricing policies or those of its 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 qualified employees; competition and other risks
associated with the market for our Web-based access, training and
customer assistance products; as well as risks of downturns in
economic conditions generally; political and social turmoil; and the
uncertainty in the IT spending environment; and other risks detailed
in the company's filings with the Securities and Exchange Commission.05
========== ==========
Weighted average shares outstanding -
diluted 175,913 172,584
========== ==========
Adjusted net income $42,066 $32,771
========== ==========
Adjusted earnings per share - diluted $0.

schweich fortification

Forward-looking
statements represent the judgment of Connetics' management as of the
date of this release, and Connetics disclaims any intent or obligation
to update any forward -looking statements based on future events or
developments.19 per diluted
share, in the comparable period last year. Net income in the first
quarter of 2005 was adjusted to exclude the effects of amortization of
intangible assets and amortization of deferred stock-based
compensation and in the first quarter of 2004 was adjusted to exclude
the effects of amortization of intangible assets , write-off of
deferred debt issuance costs and in-process research and development.

- - Total operating expenses are expected to increase 2 percent to
4 percent sequentially.


-- Weighted average diluted shares outstanding is expected to be
in the range of 175 million to 177 million. These
statements are forward-looking, and actual results may differ
materially.
The above statements are based on current expectations.citrix.
The following tables reconcile non-GAAP financial measures used in
this release to the most comparable GAAP measure for the respective
periods (in thousands, except for per share information and
percentages):

CITRIX SYSTEMS, INC.99
Adjustments to exclude the effects of
amortization and amortization of deferred
stock-based compensation $0.

schweich silvermine



Forward -Looking Statements

This press release contains "forward-looking statements" within
the meaning of the Securities Litigation Reform Act.

In addition, in the first quarter:

-- Citrix Online contributed $20 million of revenue.

-- Cash flow from operations was approximately $73 million.25. and Godfrey Sullivan,
president and chief executive officer for Hyperion Solutions
Corp. Additionally, Citrix announced that Tom Bogan, a current
board member and the former president and chief operating
officer of Rational Software, will become chairman of the
Citrix board effective May 5, 2005;

-- announced that its board of directors has authorized the
company to repurchase up to an additional $200 million of
Citrix common stock;

-- strengthened its strategic alliance with SAP AG by offering a
joint solution for small and mid-size businesses (SMB) that
bundles SAP Business One with Citrix(R) Presentation Server.94 to $0.

tankavaara silvermine

This press release does not constitute an
offer to sell or the solicitation of an offer to buy securities.22 Versus $0."

Q1 Financial Highlights

In reviewing the first quarter results of 2005, compared to the
first quarter of 2004:

-- Total revenue grew 25 percent. The company expects GAAP
diluted earnings per share to be in the range of $0.com/investors
The conference call may also be accessed by dialing: (888 )
799-0519 or (706) 634-0155, using passcode: CITRIX.com

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.

Condensed Consolidated Statements of Income
(In thousands, except per share data - unaudited)

Three Months Ended
March 31,
2005 2004
---------- ----------
Revenues:
Product licenses $90,062 $87,426
License updates 77,175 58,897
Services 34,653 14,987
---------- ----------
Total net revenues 201,890 161,310

Cost of revenues:
Cost of product license revenues 1,368 1,413
Cost of services revenues 4,515 2,823
Amortization of core and product technology 3,318 3,034
---------- ----------
Total cost of revenues 9,201 7,270

Gross margin 192,689 154 ,040

Operating expenses:
Research and development 25,065 19 ,038
Sales, marketing and support 94,394 74,128
General and administrative 27,308 24,751
Amortization of deferred stock-based
compensation 103 -
In-process research and development - 18,700
Amortization of other intangible assets 2,177 726
---------- ----------
Total operating expenses 149,047 137,343
----- ----- ----------
Income from operations 43,642 16,697
Write-off of deferred debt issuance costs - (7,219)
Other income, net 5,088 2,326
---------- -- --------
Income before income taxes 48,730 11,804

Income taxes 10,170 2,479
---------- ----------
Net income $38,560 $9 ,325
========== ==========

Earnings per common share - diluted $0.

correze labenche

3 million, or $0. In addition, an audio replay of the conference
call will be available through April 27, 2005, by dialing (800)
642-1687 or (706) 645-9291 (passcode required: 5171306).19
========== ==========

Note: See accompanying reconciliation of non-GAAP financial measures
to comparable U.S.

punsch schweich

The notes will be convertible into cash and, under
specified circumstances, shares of Connetics common stock at an
initial conversion price of approximately $35.

-- Revenue from license updates grew 31 percent.

Financial Outlook for Second Fiscal Quarter 2005

Citrix management offers the following guidance for the second
fiscal quarter 2005 ending June 30, 2005:

-- Net revenue is expected to be in the range of $203 million to
$210 million.

The above statements are based on current expectations.citrix.


Forward -looking Guidance
for the Three Months Ended June 30, 2005
-------------------- --------------------------------------------------

Earnings Per Share
Range - Diluted
------------------------
U. All other
trademarks and registered trademarks are property of their respective
owners.

peasants birkenau



GAAP Results

Net income for the first quarter of fiscal 2005 was $39 million,
or $0.74, for a total value of approximately $58
million.94 to $0.07.S.
These measures should not be considered an alternative to measurements
required by accounting principles generally accepted in the United
States ("GAAP") such as net income and earnings per share and should
not be considered measures of our liquidity.05
------------------------
Adjusted figures $1.

serlachius teutonic

(Nasdaq:CTXS), the global leader in access
infrastructure solutions, today reported financial results for the
first quarter of fiscal 2005 ended March 31, 2005.

Non -GAAP Results

Adjusted net income, in the first quarter of 2005 increased 28
percent to $42 million for the first quarter of fiscal 2005, or $0.

-- Other income is expected to be $4 million. ET to
discuss its financial results, quarterly highlights and business
outlook. More than 160,000 organizations
around the world use Citrix every day.

punsch mauthausen



Press Release Code: (CNCT -G)



"Our results show excellent execution as well as leverage from our
expanded product portfolio.

Condensed Consolidated Statement of Cash Flows
(In thousands - unaudited)


Three Months Ended
March 31, 2005
------------------
OPERATING ACTIVITIES
Net Income $38,560
Adjustments to reconcile net income to net cash
provided by operating activities:
Amortization and depreciation 10,381
Amortization of deferred stock-based compensation 103
Provision for accounts receivable allowances 317
Tax benefit related to the exercise of non-
statutory stock options and disqualifying
dispositions of incentive stock options 4,509
Other non-cash items (22)
------------------
Total adjustments to reconcile net
income to net cash provided by
operating activities 15,288
Changes in operating assets and liabilities:
Accounts receivable 22,623
Prepaid expenses and other current assets 3,099
Other assets (1,144)
Deferred tax assets, net (237)
Accounts payable and accrued expenses (9,489)
Deferred revenues 4,840
Other liabilities (140)
------------------
Total changes in operating assets and liabilities 19,552
-------- ----------
Net cash provided by operating activities 73,400

INVESTING ACTIVITIES
Net proceeds from sales, maturities and purchases of
available-for-sale investments 5,606
Purchases of property and equipment (4,322)
------------------
Net cash provided by investing activities 1,284

FINANCING ACTIVITIES
Proceeds from issuance of common stock 12,739
Cash paid under stock repurchase programs (39,961)
------------------
Net cash used in financing activities (27,222)
------------------
Change in cash and cash equivalents 47,462
Cash and cash equivalents at beginning of period 73,485
------------------
Cash and cash equivalents at end of period $120,947
==================

Reconciliation of Non-GAAP Financial Measures to
Comparable U.14 $0.

majdanek birkenau

----Connetics
Corporation (Nasdaq:CNCT) announced today the pricing of $150 million
in aggregate principle amount of 2.

-- The effective tax rate is expected to be consistent with first
quarter of 2005, however the tax rate will fluctuate based on
the actual geographic mix of sales in a given quarter. Based in Fort Lauderdale, Florida, Citrix has
offices in 22 countries, and approximately 6,200 channel and alliance
partners in more than 100 countries . The forward-looking statements in
this release do not constitute guarantees of future performance .

mauthausen schweich

The company has also granted
the initial purchasers of the notes a 13-day option to purchase an
additional $50 million in principal amount of notes to cover
over-allotments.

-- Operating margin was 22 percent; adjusted operating margin was
24 percent, excluding the effects of amortization of
intangible assets and amortization of deferred stock-based
compensation .m. The GAAP financial measure most directly
comparable to each non-GAAP financial measure used or discussed and a
reconciliation of the differences between each non-GAAP financial
measure and the comparable GAAP financial measure are included in this
press release after the condensed consolidated financial statements
and can be found on the Investor Relations page of the Citrix
corporate Web site at http://www.

RECONCILIATION OF CONDENSED CONSOLIDATED STATEMENTS OF INCOME
TO THE NON-GAAP CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(In thousands, except per share data - unaudited)


Three Months Ended Three Months Ended
March 31, 2005 March 31, 2004
-------------- ------------- ---------------------------
GAAP Adjust- Non-GAAP GAAP Adjust - Non-GAAP
ments ments
-------- - ------- --------- --------- ---------- ------
Revenues:
Product
licenses $90,062 - $90,062 $87,426 - $87,426
License
updates 77,175 - 77 ,175 58,897 - 58,897
Services 34,653 - 34,653 14,987 - 14,987
--------- ------- --------- --------- ---------- -------
Total
net
rev-
enues $201,890 - $201,890 $161,310 - $161,310

Cost of
revenues:
Cost of
product
license
revenues 1,368 - 1,368 1,413 - 1,413
Cost of
services
revenues 4,515 - 4,515 2,823 - 2,823
Amort- (3,318) (3,034) A
ization A
of core
and
product
technology 3,318 - 3,034 -
--------- ------- --------- --------- - --------- -------
Total
cost of
revenues 9,201 (3,318) 5,883 7,270 (3,034) 4,236
Gross margin 192,689 3,318 196,007 154,040 3,034 157,074

Operating
expenses:
Research
and
develop-
ment 25,065 - 25,065 19,038 - 19,038
Sales,
marketing
and
support 94,394 - 94,394 74,128 - 74,128
General
and admin-
istrative 27,308 - 27,308 24,751 - 24,751
Amort- (103) B
ization
of
deferred
stock-
based
compen-
sation 103 - - - -
In-process
research
and
develop-
ment 18,700 (18,700) C
--------- ------- --------- ---- ----- ---------- -------
Amort- (2,177) (726) A
ization A
of other
intangible
assets 2,177 - 726 -
--------- ------- --------- --------- ---------- ------ -
Total
oper-
ating
expenses 149,047 (2,280) 146,767 137,343 (19,426 ) 117,917

Income from
operations 43,642 5,598 49,240 16,697 22,460 39 ,157
Write-off of 7,219 D
deferred debt
issuance
costs (7,219)
--------- ------- --------- --------- ---------- -------
Other income,
net 5,088 - 5,088 2,326 - 2,326
--------- ------- --------- --------- ---------- -------
Income before
income taxes 48,730 5,598 54,328 11,804 29,679 41,483

Income taxes 10,170 2,092 12,262 2,479 6,233 8,712
--------- ------- ------ --- --------- ---------- -------
Net Income $38,560 $3,506 $42,066 $9,325 $23,446 $32 ,771
========= ======= ========= ========= ========== =======

Earnings per
common share
- diluted $0.
D - To exclude the effects of the write-off of deferred debt issuance
costs due to the redemption of the company's convertible
subordinated debentures .

fortification majdanek

6 million shares of its common stock at an average net price
per share of $22. These
statements are forward-looking, and actual results may differ
materially.citrix.citrix. Citrix customers include
100% of the Fortune 100 companies, 99% of the Fortune 500, and 97% of
the Fortune Global 100.

teutonic trakoscan

Adjusted diluted earnings per share excludes the effects of
amortization of intangible assets and amortization of deferred
stock-based compensation.com/investors

CITRIX SYSTEMS, INC. In addition, Citrix provides these non-GAAP measures of the
company's performance to investors to enable them to, among other
things, better compare Citrix's most recent results of operations
against financial models prepared by the company's investors and
securities analysts, and to provide additional information concerning
the impact of business acquisitions on Citrix's results of operations .


mauthausen birkenau



-- The Americas region grew revenue 15 percent; EMEA grew 11
percent , and the Pacific region grew 27 percent.02 to
$1.22 $0.23
Adjustments to exclude the effects of
amortization and amortization of deferred
stock-based compensation $0.02
------------------------
Adjusted figures $0.

silvermine schweich

----Citrix
Systems, Inc. For more information visit
http://www. We consider these measures important indicators of our
success.05 $0.
B - To exclude the effects of amortization of deferred stock-based
compensation. GAAP measure $0. GoToMeeting(TM) is a trademark of Citrix
Online, LLC, in the United States and other countries.

muzej punsch

The
offering is expected to close on March 23, 2005, subject to certain
closing conditions.

-- GAAP diluted earnings per share is expected to be in the range
of $0. In addition, our non-GAAP
financial measures may not be comparable to similar measures reported
by other companies.02 to $1.07
========================

Citrix(R), Citrix Strategy Day(TM) and Citrix Solutions Summit(TM)
are registered trademarks or trademarks of Citrix Systems, Inc.

majdanek muzej


As approved by the company's Board of Directors, Connetics intends
to use up to $35 million of the proceeds from this offering to
repurchase shares of its common stock concurrently with the issuance
of the notes in this offering. Additional proceeds from the offering
will be used for general corporate purposes, including potential
future product or company acquisitions, capital expenditures and
working capital.

Citrix Reports First Quarter Earnings Results

05 per
diluted share, for the first quarter of fiscal 2004.

-- Product license revenue increased 3 percent.23, and adjusted diluted earnings per share is
expected to be in the range of $0.24 $0.19
========= ======= ========= ========= ========== ======
Weighted
average
shares
outstanding -
diluted 175,913 175,913 172 ,584 172,584
========= ======= ========= ========= ========== =======

A - To exclude the non-cash effects of the amortization of core and
product technology and other intangible assets primarily related
to business combinations.S.

400th deportation


The notes and the common stock that may be issued upon conversion
of the notes have not been registered under the Securities Act of 1933
or state securities laws and may not be offered or sold in the United
States absent registration or an applicable exemption from
registration requirements. (Nasdaq:CTXS):

-- Year-over-year Quarterly Revenue Growth of 25%

-- Diluted Earnings Per Share of $0 .
The companies also have unveiled a go-to-market strategy for
the joint offering;

-- at its annual global partner and sales conference Citrix
Solutions Summit (TM), attended by over 1,600 partner
executives and 1,000 sales professionals, detailed how it is
targeting the $15. The call will include a slide presentation, and participants
are encouraged to listen to and view the presentation via webcast at
http://www.02 $0.

punsch ebensee

24
per diluted share, compared to $33 million, or $0.


Financial Outlook for Fiscal Year 2005

For fiscal year 2005, the company expects net revenue to be in the
range of $840 million to $855 million .99, and
adjusted diluted earnings per share to be in the range of $1.


Conference Call Information

Citrix will host a conference call today at 4:45 p. A replay of the
webcast can be viewed by visiting the Investor Relations section of
the Citrix corporate Web site at http://www .

About Citrix

Citrix Systems, Inc.S.

Condensed Consolidated Balance Sheets
(In thousands - unaudited)

March 31, December 31,
2005 2004
------------- -------------
ASSETS:
Cash and cash equivalents $120,947 $73,485
Short-term investments 189,691 159,656
Accounts receivable, net 85,459 108,399
Other current assets 76,218 85,040
------------- -------------
Total current assets 472,315 426,580

Restricted cash equivalents and
investments 147,176 149,051
Long-term investments 147,385 183,974
Property and equipment, net 68,235 69,281
Goodwill and other intangible assets, net 443,796 448,624
Other long-term assets 11,318 8,574
------------- --------- ----
Total assets $1,290,225 $1,286,084
============= =============

LIABILITIES AND
STOCKHOLDERS' EQUITY
Accounts payable and accrued expenses 120,037 $131,287
Current portion of deferred revenues 216,422 210,872
------------- ------ -------
Total current liabilities 336,459 342,159

Long-term portion of deferred revenues 13,561 14,271
Other liabilities 4,540 4,749

Stockholders' equity 935,665 924,905
------------- -------------
Total liabilities and stockholders'
equity $1,290,225 $1,286,084
============= =============


CITRIX SYSTEMS, INC.25
========================

Forward-looking Guidance
for Fiscal Year Ended December 31, 2005
----------------------------------------------------------------------


Earnings Per Share
Range - Diluted
------------------- -----
U.

schweich 400th

The notes will be issued to qualified
institutional buyers in a private offering pursuant to Rule 144A of
the Securities Act of 1933, as amended.

Financial Results

In the first quarter of fiscal 2005, Citrix achieved revenue of
$202 million, compared to $161 million in the first quarter of fiscal
2004, representing 25 percent revenue growth.
"We posted a solid quarter with strong execution and growth across
the company, continuing the momentum into 2005," said Mark Templeton,
president and chief executive officer for Citrix.
"On April 26 , at our third annual Strategy Day, we will outline
additional details of how the company plans to leverage its
investments in the access infrastructure market. The company has over $200 million remaining under
the current repurchase authorization.24 $0. GAAP Measures

(Unaudited)

We utilize certain non-GAAP financial measures to evaluate our
performance. in the
U. and other countries.

ebensee peasants



Pharmaceutical Writers/Business Editors

PALO ALTO, Calif. Statements about
the offering and our expectations regarding the use of proceeds from
the offering are forward-looking statements. These statements are
based on certain assumptions made by Connetics' management and are
subject to a number of risks and uncertainties , many of which are
beyond Connetics' control, and which could cause actual events to
differ materially from those expressed in the forward-looking
statements.05 Over
Comparable Period Last Year

-- Adjusted Diluted Earnings Per Share of $0.

-- Services revenue, which is comprised of consulting, education
and technical support, excluding Citrix Online, grew 17
percent.
Citrix assumes no obligation to update any forward-looking information
contained in this press release or with respect to the announcements
described herein.22 $0.S.

peasants trakoscan

Connetics Announces Offering of $150 Million of 2.0% Convertible Senior Notes

46 per share. In particular, there can be no assurance that the offering
and the repurchase of common stock will be completed or that the
proceeds will be used as presently intended.

Business Editors/Software Writers

FORT LAUDERDALE, Fla.
"Compared to the first quarter of 2004, we saw double-digit growth
in all regions, including the Americas; impressive momentum from
Citrix Online, including strong growth from Citrix GoToMeeting; and
growth in new product revenue, especially with the Access Suite. GAAP measures (unaudited).S. GAAP measure $0.

fortification trakoscan

22 per diluted share, compared to $9.24 to $0.

Company, Product and Alliance Highlights

During the first quarter 2005, Citrix:

-- appointed two new directors to its board of directors --
Murray Demo, executive vice president and chief financial
officer for Adobe Systems, Inc.5 billion access infrastructure market with
a broader product portfolio and greater channel opportunities;

-- earned a PC Magazine Editor's Choice award for Citrix(R)
GoToMeeting(TM) in a competitive review of next-generation
Web-conferencing solutions. Our access software, services
and appliances give people secure and well-managed access to business
information wherever it lives -- on demand.


CITRIX SYSTEMS, INC.

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