Red Hat Opens Major Engineering and R&D Facility in Massachusetts

Raleigh

United States, May 9, 2002

Corporate Presence and 50 New Jobs for the Bay State; Office to Focus on Enterprise Computing Efforts

Tapping into the northeast's high-tech corridor, Red Hat's new facility will house 50 new jobs, primarily in engineering. Personnel came to Red Hat from Boston-area companies that have deep experience in enterprise-level operating systems and other software. The facility will work on developing high-performance computing products, enhanced enterprise capabilities for Red Hat's line of Advanced Server products, 64-bit technologies, and other projects as part of Red Hat's expanding efforts in open-source enterprise computing.

"The Boston area is unusually strong in software engineering skills for enterprise computing. Many of the engineers joining our new Boston facility played an important part in developing such technologies as multiprocessing, fault-tolerance, 64-bit computing and supercomputers," said Paul Cormier, executive vice president of engineering at Red Hat. "Now that Red Hat Linux has become one of the most pervasive server operating systems, our expanded Massachusetts engineering group will lead the industry in continually enhancing open-source computing with the most important enterprise capabilities."


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 http://www.sec.gov.

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.