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Red Hat Named #1 IT Vendor For Second Consecutive Year in Japan
RaleighUnited States, May 27, 2008
Red Hat ranked first of 68 nominated vendors in Nikkei Market Access' April 2008 study, following the Company's fourth recognition for vendor value by CIO Insight in December 2007
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that for the second time, its operations in Japan have been recognized as the number one IT vendor that customers intend to conduct business with in the future by Nikkei Market Access'
Industry Trends in Intended Use of Products / Services of Major Vendors April 2008 study. This accolade comes on the heels of Red Hat's fourth-consecutive recognition as the leader in vendor value for software by Ziff Davis'
CIO Insight Vendor Value study, reported in December 2007.
Red Hat is committed to delivering authentic value to our global customers, said Jim Whitehurst, President and CEO at Red Hat.
To be consistently recognized for the quality of the products and services that we offer, now for the second time in Japan and for the fourth time in North America by CIO Insight, is proof that our customers are valued first.
Nikkei Market Access' 2008 study surveyed nearly 3,000 IT workers on their views of service vendors and system integrators. In total, 68 vendors nominated by respondents were assessed. Red Hat Japan ranked first, with 32.6 percent of responses, followed by Japan Oracle with 30.7 percent, e-mobile with 29.8 percent, VMWare with 28.8 percent and KDDI with 27.8 percent. Red Hat was first recognized as the number one IT vendor in Japan by the Nikkei Market Access study in April 2007, gaining 27.5 percent of the respondents' votes.
In December 2007, Red Hat was also recognized for the fourth consecutive year as the leader in vendor value and satisfaction in software by the
CIO Insight Vendor Value study, in which CIOs and senior IT executives rank vendors in eight value-based categories. Red Hat ranked first in seven of the eight categories and obtained a customer loyalty score of 97 percent. This recognition was the third time in four years that Red Hat was ranked first overall of all evaluated vendors.
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.
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 Quarterly 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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