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Press release

IBM's Jim Stallings to Present Partner Keynote at Red Hat Summit in Boston

IBM signs on as a platinum sponsor for the fourth-annual Red Hat Summit in June 2008

RALEIGH, N.C.

Red Hat (NYSE: RHT), the world's leading provider of open source solutions, today announced that Jim Stallings, general manager of Enterprise Systems Division at IBM Systems and Technology Group, will keynote at the Red Hat Summit, taking place in Boston, Mass. June 18-20, 2008. Stallings will deliver his partner keynote presentation on the opening day of the Red Hat Summit, following a keynote speech by Red Hat President and CEO Jim Whitehurst. Additional Red Hat Summit keynote speakers include John Halamka, CIO of Harvard Medical School, Joel Cohen, Co-Creator of The Simpsons and Red Hat CTO Brian Stevens.



 

Jim Stallings has over 23 years of experience in the information technology industry, which includes business management, strategy and innovation. Today, he is responsible for IBM's strategy for new enterprise data centers and delivering large systems and storage offerings to IBM's largest enterprise customers worldwide. While focused entirely on the challenges facing customers running global I/T operations, Stallings brings to the market an integrated set of solutions that spans IBM's hardware, software and services offerings. In a former role, Stallings served as General Manager of Linux, where he led the transformation of Linux from an emerging opportunity for IBM to a multibillion dollar business encompassing IBM's server software and services business units.

IBM's partnership with Red Hat is an important part of our strategy to help clients move to a new enterprise data center, which offers dramatic improvements in IT performance, energy efficiency and enables the rapid deployment of new IT services to support business growth, said Jim Stallings, general manager, Enterprise Systems, IBM. Red Hat's portfolio of Linux and standards-based solutions and services is an important element of our new enterprise data center strategy, which is designed to help our clients better manage key data center issues including space, power, and energy costs. I look forward to greeting our customers at the Red Hat Summit in June.

The Red Hat Summit is an annual conference featuring hands-on workshops, demonstrations, technical and business sessions, solutions expos and opportunities to speak and network with the developers, engineers and partners behind Red Hat's leading open source software solutions. The event brings together customers, partners and members of the community in a global open source knowledge exchange.

For more information, or to register for the Red Hat Summit, visit http://www.redhat.com/summit. Register for the Summit by May 23, 2008 and receive the Early Bird discounted rate of $995.

About Red Hat, Inc.

Red Hat, the world’s leading open source solutions provider, is headquartered in Raleigh, NC with over 50 satellite 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 study. 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 the JBoss Enterprise Middleware Suite. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: 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 the integration of acquisitions; the ability of the Company to effectively compete; 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; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company's growth and international operations; adverse results in litigation; and changes in and a dependence on key personnel, as well as other factors contained in our most recent Annual Report on Form 10-K (copies of which may be accessed through the Securities and Exchange Commission's Web site 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 conditions, and governmental and public policy changes. 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 the press release.

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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.