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Press release

Red Hat Desktop wins Enterprise Technology Product of the Year at the 2004 CNET Networks UK Technology Awards

LONDON

Red Hat, Inc. (Nasdaq: RHAT), the world's leading provider of open source solutions to the enterprise, today announced that its Red Hat Desktop product has received the Enterprise Technology Product of the Year award at the CNET Networks UK Technology Awards 2004, which was presented at the CNET Awards' Gala Dinner in Central London yesterday.



CNET Networks UK is a leading media company providing technology news via different newswire brands with a market-leading reach into the UK IT and business decision making audience. The Enterprise Technology Product of the Year award recognises companies who have delivered a smart, innovative software solution that enabled businesses to manage risk, increase productivity or gain other business advantages.



The newest member of the Red Hat Enterprise Linux family, Red Hat Desktop is a high-quality, fully-featured client system suitable for use in a wide range of desktop deployments where security and manageability are key and is a cost-effective productivity solution for enterprise desktop users. Launched in London in May this year, the Red Hat Desktop is a productive environment that features mature open source office applications including an e-mail client, browser and office suite.



"It is very encouraging and exciting to receive such positive recognition from an industry acclaimed body such as CNET," said Paul Salazar, Director of EMEA at Red Hat. "By bringing Linux to the desktop as well as the server, Red Hat is now able to provide the first unified 100% open source architecture from the client to server and from the desktop to the mainframe, marking a key milestone in the development of the Linux computing model."



About CNET Networks UK



CNET Networks UK is a leading media company focused on informing and connecting the buyers, users and sellers of technology. CNET UK has a unique ability to combine an in-depth knowledge of the technology industry with the power of technology itself. CNET's approach is to create discrete brands with highly tailored content and services that speak directly to the audience's unique needs. In the UK these are ZDNet UK , ZDNetWeek, silicon.com and the European Technology Forum . Combined, these brands provide market-leading reach into the UK IT and business decision making audience and are read by over 1.4 million users a month.

 



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



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 .



*LINUX is a trademark of Linus Torvalds. RED HAT is a registered trademark of Red Hat, Inc.

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.