Red Hat Announces Opening of Nordic Office

Stockholm

United States, March 3, 2004

Leading Linux provider to expand in the Nordics

Red Hat (Nasdaq: RHAT) the world's leading provider of open source solutions to the enterprise, today announced the opening of its Nordic sales and business development office. The office, located in Stockholm, Sweden, represents a strategic step in the expansion of Red Hat's business in EMEA.


"Red Hat's growth in Europe demands that we add key resources to markets
in the Nordic region," said Alex Pinchev, President, Red Hat International Operations. "We see an increasing demand for Open Source and Linux-based solutions across a wide range of application areas in Northern Europe, especially in the public sector."


Leading the sales effort in Northern Europe is Magnus Svensson, sales director at Red Hat Sweden. Magnus has 15 years of experience in the software industry and was responsible for the roll-out of Veritas Software in the Nordics. Under his direction, the Veritas Nordic office grew from one to 40 employees.


"Companies within the Nordics are starting to see the benefits in low cost and flexible open source solutions." said Magnus "I look forward to working with Red Hat's partners and expanding it's success to enterprises and the public sector within this region."


"Magnus brings extensive sales experience of the Nordics to Red Hat," said Werner Knoblich, Director North EMEA for Red Hat. "We are pleased that he will be able to open new avenues for Red Hat products and services in key markets such as regional government, manufacturing and services."


For information on Red Hat products and services in the Nordic region, please visit http://www.europe.redhat.com.


Katherine Knox
AxiCom for Red Hat
+44 (0)20 8600 4650
redhat@axicom.com