RED HAT APPOINTS SELBY WELLMAN TO BOARD OF DIRECTORS

Raleigh

United States, January 30, 2001

Former Cisco Systems Executive and Industry Veteran Joins Leader in Open Source Internet Infrastructure

Red Hat, Inc. (Nasdaq:RHAT), the leader in developing, deploying and managing open source solutions for Internet infrastructure, announced today the appointment of F. Selby Wellman to the Red Hat Board of Directors. Wellman brings to Red Hat more than 30 years of experience in management, marketing and engineering at leading technology corporations.


Wellman joins the board from Cisco Systems Inc. (Nasdaq:CSCO), where he served most recently as senior vice president and general manager of the InterWorks Business Division. He also held the position of Research Triangle Park, N.C. corporate site executive at Cisco, where he oversaw the engineering and marketing organisation responsible for Cisco and IBM integration products and the Cisco Strategic Alliance with IBM Corporation (NYSE:IBM). Wellman also served as senior vice president of business units in San Jose, Calif. and senior executive for corporate marketing while at Cisco.


"Selby brings a great deal of experience to Red Hat, from overseeing major projects and business units to driving marketing and sales initiatives at leading technology firms nationwide," said Matthew Szulik, president and CEO of Red Hat. "His knowledge and insight will be instrumental in helping Red Hat to provide powerful open source operating systems, development tools and services that span the broad spectrum of Internet computing."


Prior to his tenure at Cisco, Wellman held positions as vice president of sales, marketing and operations at FiberCom and corporate vice president of sales at Paradyne, a Florida-based networking company. He began his career at IBM, where he spent 15 years in several marketing and management positions. Wellman received a Bachelor of Science degree from Marshall University and served as an officer in the United States Air Force.


"Red Hat is the fastest-growing leader of the open source revolution. It's a company that is literally changing the face of the computing industry," said Wellman. "I look forward to using the experience I've gained at prosperous technology companies to help guide Red Hat's growth and market momentum."


Red Hat, Inc.


Red Hat (Nasdaq:RHAT) offers users one single, trusted point of contact and a common platform for developing, deploying and managing open source across Internet infrastructure and devices that connect to the Internet, ranging from small embedded devices to high availability clusters and integrated Web server/e-commerce OSes. And the Red Hat Network, Red Hat's unique management technology, helps companies worldwide easily manage it all by delivering open source products, service, support and information on-line in real-time.


In addition to the award-winning Red Hat Linux server operating system, Red Hat offers Stronghold Secure Web Server, Interchange and Credit Card Verification Software for secure e-commerce, and is the principal provider of GNU-based developer tools and support solutions for a wide variety of embedded processors. Red Hat also provides run-time solutions such as Linux, eCos, Red Hat embedded, the award-winning RedBoot, custom engineering services, support and training to organizations in all embedded and Linux markets.


Red Hat is headquartered in Research Triangle Park, N.C. and has offices worldwide. For investor inquiries, contact Gabriel Szulik at Red Hat, +1 919-547-0012.


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FORWARD-LOOKING STATEMENTS


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