Red Hat Named Public Company of the Year by North Carolina Technology Association

Raleigh

United States, November 18, 2008

Company recognized for sustained growth and solid operating results

Red Hat (NYSE: RHT), the world's leading provider of open source solutions, today announced it has been awarded Public Company of the Year by the North Carolina Technology Association (NCTA) in its 2008 NCTA 21 Awards. Companies nominated for this award were evaluated based on sustained growth, solid operating results and stock price appreciation. Red Hat was selected from a finalist pool that included Goodrich Corporation, Lenovo and Tekelec.

The NCTA 21 Awards are among North Carolina's most prestigious statewide technology awards, honoring companies and individuals who have characterized excellence, innovation and leadership in the technology industry. This year marked NCTA's 15th annual awards gala and the competition included an impressive field of North Carolina-based companies across 21 award categories. NCTA is a statewide leadership organization that represents the technology industry and connects business decision makers, educates government officials on issues relevant to the technology industry and provides educational and executive networking events.

"We are extremely honored to be recognized as Public Company of the Year given the many outstanding technology companies located in the region," said DeLisa Alexander, senior vice president, People and Brand for Red Hat. "With our global headquarters located in Raleigh, the state of North Carolina has been a great place for Red Hat to do business in and we continue our commitment to growing and strengthening the state's technology industry."

Red Hat was previously recognized by NCTA in 2005 as Large Company of the Year for its market leadership, employment growth, innovation and profit margin. In 2000, Red Hat won Software Company of the Year in the NCTA 21 Awards for achieving a milestone of measurable success over the previous year including increased revenue, growth and product recognition.

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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 60 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 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

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