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Red Hat Recognizes Student, Itamar Reis Peixoto, for Contributions to Fedora and Open Source Software

The Fedora Project Names Recipient of 2012 Fedora Scholarship

RALEIGH, N.C

Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced the Fedora Project, a Red Hat sponsored and community-supported open source collaboration, has named Itamar Reis Peixoto as the recipient of the 2012 Fedora Scholarship. Now in its fifth year, the Fedora Scholarship recognizes college and university-bound students across the globe for their contributions to free software and the Fedora Project. Peixoto was chosen due to his work in various areas of the Fedora Project, including packaging, participating as a Fedora Ambassador, and helping the free-media team promote broader availability of Fedora.

Fedora is built by a worldwide community of people, and anyone is able to join and contribute across multiple functions including content writers, designers and marketers to translators, web developers and system administrators. Fedora and Red Hat are committed to fostering the talent of young contributors. They encourage students to gain hands-on experience with open source software and to lead in the creation and spread of free code and content.

“We are delighted to award the 2012 Fedora Scholarship to Itamar this year,” said Robyn Bergeron, Fedora Project Leader at Red Hat. “His contributions as a Fedora Ambassador and as a packager are immensely valuable to the Fedora community. We thank Itamar for his numerous contributions and look forward to his continued work with Fedora as he attends university and pursues his degree. The Fedora Project strives to advance the state of free and open source software. Our ability to further our goals by enabling our next-generation technologists to pursue higher education gives us great pride.”

Peixoto has been using Linux since 1999 and has used Fedora since version 1. His first contributed package to Fedora was the “ifstat” package in 2008. His future goals include teaching computer skills, specifically Linux, to children.

“My plan is to teach Linux [to] kids. If you show the way for children, they will keep walking, and for me, Linux is the correct way to walk,” said Peixoto.

The Fedora Scholarship program furthers Red Hat and the Fedora Project’s commitment to help develop and foster emerging talent in the field of open source software. Evaluation criteria include the originality and functionality of the applicant’s contributions to Fedora and other free software projects, references provided by Fedora community members, the amount of time the applicant has been contributing to Fedora and other free software projects, and the overall caliber of the application. Recipients receive $2,000 USD annually for each of up to four years they attend a college or university. In addition, funding for travel expenses is provided during each scholarship year for attendance to a Fedora Users and Developers Conference (FUDCon) in the recipient’s region.

Previous winners of the Fedora Scholarship include Ricky Elrod, who remains very active in the Fedora community and has recently accepted an internship position on the Fedora Engineering Team at Red Hat.

The 2013 application window will open in fall 2012. For more information, visit http://fedoraproject.org/wiki/Scholarship.

For more information about the Fedora Project, visit www.fedoraproject.org.

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About Red Hat, Inc.

Red Hat, the world's leading provider of open source solutions and an S&P 500 company, is headquartered in Raleigh, NC with more than 70 offices spanning the globe. Red Hat provides high-quality, affordable technology with its operating system platform, Red Hat Enterprise Linux, together with cloud, virtualization, management, storage and service-oriented architecture (SOA) solutions, including Red Hat Enterprise Virtualization and JBoss Enterprise Middleware. 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 delays or reductions in information technology spending; the effects of industry consolidation; the ability of the Company to compete effectively; uncertainty and adverse results in litigation and related settlements; the integration of acquisitions and the ability to market successfully acquired technologies and products; 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 Annual Report on Form 10-K (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.

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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.