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Technology Veteran Elected to Red Hat Board
RaleighUnited States, October 4, 2004
Edward Kozel, former Chief Technology Officer at Cisco, joins Red Hat Board of Directors
Red Hat, Inc. (Nasdaq:RHAT), the world's leading provider of open source solutions to the enterprise, today announced that Edward Kozel, Managing Director of International Finance Ltd. (IFLTD), has joined Red Hat's board of directors. Kozel possesses over 20 years experience in technology
An early employee at Cisco Systems, Mr. Kozel helped to grow the company into a multinational technology leader over 12 years, as its Chief Technology Officer, head of Business Development and an executive director. While Head of Business Development he was responsible for more than 22 technology acquisitions. Kozel began his career at Boeing and spent six years at SRI International, where he conducted early research into the architecture of the Internet. Most recently, he spent three years with the private venture firm Open Range LLC.
"Red Hat's business is based on a networked society. Ed has been at the forefront of research and innovation in the telecommunications industry," said Matthew Szulik , CEO and Chairman of Red Hat. "His vision and intellect will add an important perspective as we continue to build the company"
"Red Hat's impact on the computing industry is extremely unique as open source now reaches the mainstream markets," said Ed Kozel. "It's a very exciting time to join the board and I look forward to working with the team to shape the company's future."
Kozel holds a B.S. in Electrical Engineering from the University of California. He currently holds positions on the boards of Reuters PLC, Yahoo! (Audit Committee chair), and Symbol Technologies. Kozel was previously on the boards of Cisco Systems and Tibco Software. The election of Edward Kozel to the Red Hat board was effective October 1, 2004.
About Red Hat, Inc.
Red Hat, the world's leading open source and Linux provider, is headquartered in Raleigh, NC with satellite offices spanning the globe. Red Hat is leading Linux and open source solutions into the mainstream by making high quality, low cost technology accessible. Red Hat provides operating system software along with middleware, applications and management solutions. Red Hat also offers support, training and consulting services to its customers worldwide and through top-tier partnerships. Red Hat's open source strategy offers customers a long term plan for building infrastructures that are based on and leverage open source technologies with focus on security and ease of management. Learn more: http://www.redhat.com
Forward-looking statements in this press release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this press release that are not strictly historical statements, including, without limitation, management's plans and objectives for future operations, and management's assessment of market factors, constitute forward-looking statements which involve risks and uncertainties. These risks and uncertainties include, without limitation, reliance upon strategic relationships, management of growth, the possibility of undetected software errors, the risks of economic downturns generally, and in Red Hat's industry specifically, the risks associated with competition and competitive pricing pressures, the viability of the Internet, and other risks detailed in Red Hat's filings with the Securities and Exchange Commission, copies of which may be accessed through the SEC's Web site at http://www.sec.gov.
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