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Press release

Red Hat to Expand Enterprise Solutions Portfolio

New Red Hat enterprise release, targeted for client operating enviroments, will extend Red Hat's enterprise Linux solutions.

RALEIGH, N.C.

Today, Red Hat, Inc. (Nasdaq:RHAT), the world's premier open source and Linux provider, announced a new enterprise workstation offering. The new workstation release will be 100% compatible with Red Hat Linux Advanced Server, allowing customers to deploy complete, enterprise-strength, client-server solutions that are built on the same underlying technology. These homogeneous environments result in reduced costs through faster deployments, common application support, and easier system administration.



 

Additionally, Red Hat's workstation release will deliver the enterprise-class environment for development of applications for deployment on Advanced Server as well as design workstation use in the EDA (Electronic Design Automation) and DCC (Digital Content Creation) markets.

said Al Gillen, research director of Systems Software at IDC. "With the introduction of Red Hat's workstation offering to complement Red Hat's Linux server operating environment products, the company now offers a range of solutions that also addresses the growing demand for a Linux client operating environment."

said Paul Cormier, Red Hat executive vice president of Engineering. "With our workstation release, customers will be able to deploy client-server solutions that have been engineered from the ground up to work together."

said Rich Goldman, vice president of Strategic Market Development at Synopsys. "Being able to support a single Red Hat Linux platform for both servers and workstations allows us to decrease costs and complexity as we deliver leading tools for our customers. We look forward to supporting our customers on Red Hat's enterprise platform."

Red Hat's workstation release will be available from Red Hat Q1,2003. For more information visit http://www.redhat.com

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About Red Hat, Inc.

Red Hat is the world's premier open source and Linux provider. Red Hat is headquartered in Raleigh, N.C. and has offices worldwide. Its European headquarters is based in Surrey, UK, with offices throughout Europe. Please visit Red Hat on the Web at http://www.europe.redhat.com.

Trademarks

LINUX is a trademark of Linus Torvalds. RED HAT is a registered trademark of Red Hat, Inc. All other names and trademarks are the property of their respective owners.

FORWARD-LOOKING STATEMENTS

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.

About Red Hat

Red Hat is the world’s leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, and open source communities, Red Hat helps create relevant, innovative technologies that liberate resources for growth and prepare customers for the future of IT. Learn more at http://www.redhat.com.

Forward-looking statements

Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to delays or reductions in information technology spending; the effects of industry consolidation; the ability of the Company to compete effectively; the integration of acquisitions and the ability to market successfully acquired technologies and products; uncertainty and adverse results in litigation and related settlements; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company’s growth and international operations; fluctuations in exchange rates; and changes in and a dependence on key personnel, as well as other factors contained in our most recent Quarterly Report on Form 10-Q (copies of which may be accessed through the Securities and Exchange Commission’s website at http://www.sec.gov), including those found therein under the captions "Risk Factors" and "Management’s Discussion and Analysis of Financial Condition and Results of Operations". In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic and political conditions, governmental and public policy changes and the impact of natural disasters such as earthquakes and floods. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this press release.