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Press release

Red Hat Enterprise Virtualization Beta Draws Industry Interest

Betas released today with significant interest from customers, partners; virtualization portfolio to leverage broad Red Hat Enterprise Linux-certified ecosystem

RALEIGH, N.C.

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that the Red Hat Enterprise Virtualization portfolio of products has transitioned to Beta and is on track for final delivery later this year. These products are part of the company's outlined strategy to offer solutions that expand the scope and market reach of its virtualization and cloud technologies. By sharing Red Hat's broad hardware and ISV ecosystem, the products will offer customers flexibility, operational choice and efficiency, while expanding the market adoption of virtualization.

In February, Red Hat announced its 2009 virtualization strategy and roadmap, which included plans to deliver the Red Hat Enterprise Virtualization portfolio, featuring server, client and management products designed to enable ubiquitous adoption of virtualization across the enterprise. Red Hat has worked with customers and partners over the past months in an effort to build a set of solutions that meet their deployment models and technology needs.

"We are very pleased by the welcome we have received from enterprise companies all over the world who are looking to adopt virtualization pervasively and value the benefits of our open source solutions. Our Beta program is oversubscribed," said Scott Crenshaw, vice president, Platform Business Unit at Red Hat. "We are excited to be in a position to deliver a flexible, comprehensive and cost-effective virtualization portfolio in which products will share a consistent hardware and software certification portfolio. We are in a unique position to deliver a comprehensive portfolio of virtualization solutions, ranging from a standalone hypervisor to a virtualized operating system to a comprehensive virtualization management product suite."

The Red Hat Enterprise Virtualization portfolio builds upon the success of the integrated virtualization technology featured in the Red Hat Enterprise Linux operating system since March 2007.

"Red Hat's virtualization strategy, announced last February, outlined a new standalone hypervisor coupled with server and desktop virtualization management products," said Gary Chen, research manager, Enterprise Virtualization Software at IDC. "It is encouraging to see Red Hat advancing its virtualization technology with this beta announcement. After a seeing an early demo of the management platform it is clear that Red Hat is focused on offering customers more virtualization capabilities, so I look forward to seeing the final products later this year."

For more information on the Red Hat Enterprise Virtualization portfolio, please visit www.redhat.com/virtualization-strategy.

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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 65 offices spanning the globe. CIOs ranked Red Hat as one of the top vendors delivering value in Enterprise Software for five 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.

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 integration of acquisitions and the ability to market successfully acquired technologies and products; 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; 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; 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 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 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.