Exhibit 99.1

      Citrix Announces Findings of Voluntary Stock Option Review

                  Citrix Granted Extension by NASDAQ


    FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--June 13, 2007--Citrix
Systems, Inc. (Nasdaq:CTXS), the global leader in application delivery
infrastructure, today announced that the Audit Committee of its Board
of Directors reported its findings from the voluntary review into
Citrix's historical stock option granting practices and related
accounting that has been ongoing for approximately the last seven
months. This comprehensive review was conducted by the Audit
Committee, which was assisted by both independent outside legal
counsel and forensic accounting consultants. The review covered option
grants made to employees, executives and directors during the period
from January 1996 to December 2006, consisting of approximately 200
grant dates representing over 27,000 individual option grants. The
review included an extensive examination of the Company's stock option
granting practices, accounting policies, related accounting records,
supporting documentation and electronic data, including e-mail, as
well as over 50 interviews with current and former officers,
employees, members of the Board of Directors and outside
professionals.

    The Audit Committee concluded that from 1996 until mid-1998, the
Company followed processes and procedures that likely led to the
setting of grant dates retrospectively for many stock options granted
to employees and executives. The Audit Committee found that none of
the Company's current executives were responsible for retrospective
selection of grant dates during this period.

    For grants from 1996 through late-2003, the accounting issues
corrected in the restatement were caused mainly by errors such as
delays in obtaining written approvals of grants, incomplete adherence
to grant procedures, and process deficiencies in the grant procedures.
Many of the errors during this period resulted from delays in
obtaining written approval of grants for which the grant dates were
selected in advance. After late 2003, there were only a few issues,
caused by administrative errors. After completion of its
investigation, the Audit Committee concluded that there was no
intentional wrongdoing by any current executive of the company in
connection with the Company's stock option grants and procedures
during the period under review (1996-2006).

    As a result of the voluntary review, and as previously announced
by the Company, the Company intends to restate its previously issued
financial statements and reports thereon for the fiscal years 2004 and
2005 and for the interim quarterly periods for 2005 and 2006 to
reflect the additional non-cash stock-based compensation expense and
related tax effects that should have been recorded with respect to
stock option grants whose accounting measurement dates are being
revised.

    The Company intends to submit a request for consultation on
certain interpretive issues to the Office of Chief Accountant ("OCA")
of the Securities and Exchange Commission. Because of the pending OCA
consultation, the Company has not yet determined conclusively the
amount of additional non-cash compensation expense to be recorded or
the resulting tax impact.

    As a result of the information collected by the Audit Committee
during its review, management has proposed recommendations for further
enhancement of the Company's equity-based compensation granting
practices.

    Today the Company also announced that the Nasdaq Listing
Qualifications Panel, subject to certain conditions, has granted the
Company an extension of time until July 30, 2007 in which to file its
Annual Report on Form 10-K for the year ended December 31, 2006 and
its Quarterly Report on Form 10-Q for the quarter ended March 31,
2007, all required restated and other financial statements for
previous periods, and to otherwise meet all necessary listing
standards of the Nasdaq Global Select Market. During the extension
period, the Company's common stock will continue to be listed on the
Nasdaq Global Select Market.

    About Citrix

    Citrix Systems, Inc. (Nasdaq:CTXS) is the global leader and the
most trusted name in application delivery infrastructure. More than
180,000 organizations worldwide rely on Citrix to deliver any
application to users anywhere with the best performance, highest
security and lowest cost. Citrix customers include 100% of the Fortune
100 companies and 98% of the Fortune Global 500, as well as hundreds
of thousands of small businesses and prosumers. Citrix has
approximately 6,200 channel and alliance partners in more than 100
countries. Annual revenue in 2006 was $1.1 billion.

    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 and Section 27A of the Securities Act
of 1933. The forward-looking statements in this release do not
constitute promises or guarantees of future performance, but involve a
number of risks and uncertainties that could cause actual results to
differ materially from such statements. Such forward looking
statements include, without limitation, statements concerning the
completion of the Company's financial restatement. Factors that could
cause actual results to differ materially from such statements
include, but are not limited to, the results of the Audit Committee's
review of the Company's stock option granting practices and related
accounting, review by the OCA of the financial accounting
determinations made by the Company with respect to the measurement
dates used for stock option grants issued by the Company, as well as
other risks detailed in the Company's filings with the Securities and
Exchange Commission. In addition, the review and the findings
announced today may adversely impact the Company, including without
limitation the assumption by the Company of liabilities and costs
associated with tax matters, litigation matters and regulatory
matters, the amount and timing of which are uncertain but which are
likely to be material. Further, there can be no assurance that the
Company will be able to make the required filings with the Securities
and Exchange Commission by the extension deadline established by the
Nasdaq Listing Qualifications Panel or that the panel will grant any
additional extension if necessary. Citrix assumes no obligation to
update any forward-looking information contained in this press release
or with respect to the announcements described herein.

    Citrix(R) is a registered trademark of Citrix Systems, Inc. in the
U.S. and other countries. All other trademarks and registered
trademarks are property of their respective owners.

    CONTACT: Citrix Systems, Inc., Fort Lauderdale
             Media inquiries:
             Eric Armstrong, 954-267-2977
             eric.armstrong@citrix.com
             or
             Investor inquiries:
             Eduardo Fleites, 954-229-5758
             eduardo.fleites@citrix.com