Ernst & Young Names Red Hat's Matthew Szulik Overall National Winner for Entrepreneur Of The Year 2008 Award

Raleigh

United States, November 18, 2008

Chairman of the Board receives top national honor for visionary leadership, innovation and personal commitment to Red Hat and open source.

Red Hat (NYSE: RHT), the world's leading provider of open source solutions, today announced that Matthew Szulik, Chairman of the Board, has been awarded overall national winner for Ernst & Young Entrepreneur Of The Year 2008. This prestigious honor serves as a testament to Szulik's drive and commitment to revolutionizing the enterprise software market through the open source business model.

Szulik has served as chairman of Red Hat's Board of Directors since 2002 and also formerly served as president and CEO of the company until late 2007. Szulik has led early-stage technology companies for more than 20 years and joined Red Hat in 1998 as president. He shared a similar vision with Red Hat founder Bob Young that the collaborative approach of open source and a great brand could redistribute the economics of the technology industry from vendor to customer. Szulik has been instrumental in fostering this vision which has led to Red Hat's success as a profitable public open source software company with one of the world's most recognized technology brands.

"Matthew has been a driving force for many years in making open source a disruptive technology across the industry and positioning Red Hat to be the defining technology company of the 21st century," said Jim Whitehurst, president and CEO of Red Hat. "On behalf of all Red Hat associates worldwide, we thank Matthew for his tireless support of not only Red Hat, but the entire open source community and we congratulate him on this well-deserved honor."

The Ernst & Young Entrepreneur Of The Year program, now in its 22nd year, recognizes men and women from around the world who excel at growing and sustaining industry-leading businesses. Past winners include entrepreneurs behind some of the world's most recognizable brands such as Amazon.com, America Online, eBay, Starbucks Corp. and Under Armour.

In addition to being named overall national winner, Szulik was also named winner in the technology category. Other award categories include distribution, manufacturing and security; emerging; energy, chemicals and mining; financial services; health sciences; media, entertainment and communications; real estate, hospitality and construction; retail and consumer products and services. Szulik will now represent the United States at the World Entrepreneur Of The Year awards in Monte Carlo, Monaco where winners from more than 40 countries worldwide will participate.

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About Red Hat, Inc.

Red Hat, the world's leading open source solutions provider, is headquartered in Raleigh, NC with over 60 offices spanning the globe. CIOs have ranked Red Hat first for value in Enterprise Software for four consecutive years in the CIO Insight Magazine Vendor Value survey. Red Hat provides high-quality, affordable technology with its operating system platform, Red Hat Enterprise Linux, together with applications, management and Services Oriented Architecture (SOA) solutions, including JBoss Enterprise Middleware. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: http://www.redhat.com.

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