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Red Hat Ranked Number One in Vendor Value Study
RaleighUnited States, January 10, 2005
IT executives choose Red Hat as the overall winner for value in CIO Insight study.
Red Hat (RHAT), the world's leading provider of open source solutions to the enterprise, today announced that Ziff Davis' CIO Insight Research Study named Red Hat the overall winner for vendor value and reliability according to IT executives.
"Newcomer Red Hat received our highest-ever score for value -- a victory for proponents of Linux and open systems..." (The CIO Insight Research Study: Vendor Value, December 2004)
CIO Insight interviewed 1,050 U.S.-based IT executives on whether their top vendors are delivering the value and reliability they expect. 81.3% of those surveyed rated Red Hat as excellent or good. In addition to that top ranking, Red Hat ranked number one for meeting customers' expectations for increasing revenues as well as for meeting customers' ROI expectations.
"Red Hat is very proud that our customers recognize and appreciate our commitment to providing high-value, reliable solutions," said Joanne Rohde, Executive Vice President of Worldwide Operations. "Customers are able to realize cost savings and performance gains through Red Hat's subscription model which provides reliable delivery of the latest open-source technologies backed by world-class expertise and support to ensure systems remain secure, reliable and up-to-date."
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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