Red Hat, Inc. (Nasdaq:RHAT), the leader in developing, deploying and managing open source solutions for Internet infrastructure, announced today the appointment of F. Selby Wellman to the Red Hat Board of Directors. Wellman brings to Red Hat more than 30 years of experience in management, marketing and engineering at leading technology corporations.
Wellman joins the board from Cisco Systems Inc. (Nasdaq:CSCO), where he served most recently as senior vice president and general manager of the InterWorks Business Division. He also held the position of Research Triangle Park, N.C. corporate site executive at Cisco, where he oversaw the engineering and marketing organisation responsible for Cisco and IBM integration products and the Cisco Strategic Alliance with IBM Corporation (NYSE:IBM). Wellman also served as senior vice president of business units in San Jose, Calif. and senior executive for corporate marketing while at Cisco.
"Selby brings a great deal of experience to Red Hat, from overseeing major projects and business units to driving marketing and sales initiatives at leading technology firms nationwide," said Matthew Szulik, president and CEO of Red Hat. "His knowledge and insight will be instrumental in helping Red Hat to provide powerful open source operating systems, development tools and services that span the broad spectrum of Internet computing."
Prior to his tenure at Cisco, Wellman held positions as vice president of sales, marketing and operations at FiberCom and corporate vice president of sales at Paradyne, a Florida-based networking company. He began his career at IBM, where he spent 15 years in several marketing and management positions. Wellman received a Bachelor of Science degree from Marshall University and served as an officer in the United States Air Force.
"Red Hat is the fastest-growing leader of the open source revolution. It's a company that is literally changing the face of the computing industry," said Wellman. "I look forward to using the experience I've gained at prosperous technology companies to help guide Red Hat's growth and market momentum."
Red Hat, Inc.
Red Hat (Nasdaq:RHAT) offers users one single, trusted point of contact and a common platform for developing, deploying and managing open source across Internet infrastructure and devices that connect to the Internet, ranging from small embedded devices to high availability clusters and integrated Web server/e-commerce OSes. And the Red Hat Network, Red Hat's unique management technology, helps companies worldwide easily manage it all by delivering open source products, service, support and information on-line in real-time.
In addition to the award-winning Red Hat Linux server operating system, Red Hat offers Stronghold Secure Web Server, Interchange and Credit Card Verification Software for secure e-commerce, and is the principal provider of GNU-based developer tools and support solutions for a wide variety of embedded processors. Red Hat also provides run-time solutions such as Linux, eCos, Red Hat embedded, the award-winning RedBoot, custom engineering services, support and training to organizations in all embedded and Linux markets.
Red Hat is headquartered in Research Triangle Park, N.C. and has offices worldwide. For investor inquiries, contact Gabriel Szulik at Red Hat, +1 919-547-0012.
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.
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, product plans and performance, the ability of Red Hat to attract users to redhat.com, the lack of demonstrated widespread acceptance of e-learning as an effect training tool, 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
Acerca de 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.
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.