eMusic CEO To Keynote Red Hat Summit 2007

David Pakman to bring perspective on digital rights management to May conference

RALEIGH, CAROLINE DU NORD -

Red Hat (NYSE: RHT), the world's leading provider of open source solutions, today announced that the President and CEO of eMusic, David Pakman, will keynote at the third annual Red Hat Summit taking place May 9-11, 2007 at the Sheraton San Diego Hotel and Marina. Pakman joins confirmed keynoter Alan Dechert, President and CEO of the Open Voting Consortium, and other key visionaries who will present at the conference. Pakman's keynote will address current industry issues surrounding digital rights management and the need for open content formats.

The Red Hat Summit 2007 will bring together partners and customers of all kinds in an open source knowledge exchange. The event will feature six tracks designed to address the latest areas of interest in the open source industry including virtualization, Service-Oriented Architecture (SOA) and intellectual property law. With hands-on workshops, demonstrations, informative sessions and more, the Red Hat Summit will feature industry leaders such as Pakman, Dechert and Chairman of the Software Freedom Law Center, Eben Moglen.

The Red Hat Summit presents an opportunity for attendees to join together to share ideas and learn more about open source, said Pakman. The digital music market has so many exciting issues surrounding digital rights management and open formats that appeal to the open source audience. I am thrilled to be involved in this influential conference and look forward to collaborating with other industry leaders about open source and digital music issues.

Pakman is President and CEO of eMusic, the world's largest retailer of independent music and the second largest digital music service after iTunes. Pakman has been a pioneer and entrepreneur in the digital media space for more than 15 years, focusing on developing music industry business models which exploit the efficiencies of the Internet and other technologies. Prior to his work with eMusic, Pakman was an executive for BeMusic, Myplay and N2K Entertainment and was also an early principal force and co-creator of Apple Computer's Music Group. Additionally, Pakman is a former board member of the Digital Media Association (DiMA), a current board member of Knitting Factory Entertainment and has testified before Congress and the NTIA about the Digital millennium Copyright Act.

Today's digital music market is filled with heated debate regarding digital rights management, open content formats and pricing. With digital rights management, copyright owners attempt to limit the use of digital work and have created controversy over the validity of such restrictions in regards to music files. Many argue over pricing and the need for open content formats to allow access of files to the public. Pakman will address these issues and his view on the need for open formats in the digital music market in his visionary keynote at the Red Hat Summit in San Diego.

For more information, or to register for the Red Hat Summit, visit www.redhat.com/promo/summit/. For more news, more often, visit www.press.redhat.com.

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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 three consecutive years in the CIO Insight Magazine Vendor Value study. Red Hat provides high-quality, low-cost 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.

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  • 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.