Gizmox Receives Strategic Investment from Citrix Systems

TEL AVIV, Israel, June 30, 2011 /PRNewswire/ –

Investment to Support Emerging Enterprise Rich Internet, Cloud and
Mobile Needs

Gizmox, (http://www.visualwebgui.com), the developer of the
award-winning Visual WebGui (VWG) web, cloud and mobile delivery platform,
announced today that it has received a strategic investment from Citrix
Systems. As part of the investment, Gizmox and Citrix are working together
to enable enterprises to deliver existing and new applications to the
rapidly expanding set of HTML5-enabled devices. This will drive further
innovation in delivering applications to any device, anywhere.

VWG technology enables data-centric enterprise applications to run on
HTML5 Web, Cloud and Mobile platforms as secured-by-design rich applications
without plug-ins. In 3 years, Visual WebGui has more than 1,000,000
downloads of its software and over 35,000 VWG applications that are already
in production, at first tier organizations such as SAP, IBM, Visa, Thomson
Reuters, Shell, Texas Instruments, Good Year and major banks, medical,
government and military institutions.

“With the proliferation of consumer devices from tablets and Smartphones
to unique web-optimized devices like Google ChromeBooks, users are demanding
to bring these devices into the workplace. Our vision is to provide
enterprises with the virtual computing infrastructure needed to provide
anywhere, anytime access to corporate resources. We found Visual WebGui
technology to be an innovative and exciting extension of this vision. Our
strategic investment in Gizmox is aimed at advancing technology to better
address emerging enterprise HTML5-based web, cloud and mobile needs,” said
Martin Duursma, vice president, Citrix Labs and CTO Office chair at Citrix.

“We are very excited to be working with Citrix,” said Navot Peled,
Gizmox CEO. “Citrix is an industry leader in virtual computing technology
and its solutions are enabling the consumerization of IT to become a reality
for thousands of enterprises and millions of users around the world. The two
companies have a shared vision for delivering applications to any device,
including HTML5-based devices. Our combined efforts will help advance
technology to support cloud computing and mobile devices.”

For more information please see http://www.visualwebgui.com/

About Visual WebGui

Visual WebGui, http://www.visualwebgui.com, is the first
secured-by-design .NET open source Ajax empowered Web/Cloud and Mobile HTML
and HTML5-based application platform. It reproduces uncompromised desktop
functionality richness on the Web, Cloud and Mobile at commoditized costs.
The Visual WebGui solution offers features that build, migrate and run Web,
Cloud and Mobile applications. It removes the Ajax complexities and
limitations for business applications, as well as the web cloud and mobile’s
single most limiting factor – the network limitation. It enables
applications of any size and weight to be used on desktop, web, cloud and
mobile from the same codebase, essentially forever changing the way
businesses use web, cloud and mobiles for their organizational needs. In 3
years, Visual WebGui has more than 1,000,000 downloads of its software and
over 35,000 VWG applications that are already in production, at first tier
organizations such as SAP, IBM, Israel Aerospace Industry, Visa, Texas
Instruments, banks, medical, government and military institutions.

For more information, visit us at http://www.visualwebgui.com and follow
us @visualwebgui.

        Media Contact:
        Aaron Godfrey
        NCSM Strategic Marketing
        T: +44-208-150-6940 or +972-545-346870
        Skype: ncsm.strategic.marketing

http://www.ncsm.co.il

SOURCE Gizmox Ltd.