Red Hat, Inc. [NASDAQ:RHAT], the world's premier open source and Linux provider, will be at CeBIT 2002 in Hannover (13 - 20 March) alongside two of its industry partners, Fujitsu Siemens and Compaq. Red Hat will be showcasing its high availability systems solutions for the enterprise including the the first European demo of the beta version of Red Hat Linux Advanced Server.
Recent research by IDC found that Unix to Linux migration could reduce the TCO of a corporate IT infrastructure by up to 80% during the first year alone. As IT professionals develop more confidence in the enterprise capabilities of Open Source and realise that there are significant cost savings to be made, there is a growing willingness to run Linux on mission critical systems, rather than just the Web server. Red Hat is working closely with a number of technology industry leaders including Compaq, Fujitsu Siemens, IBM, Dell and HP to provide the robust enterprise solutions that companies are looking for.
Red Hat will be demonstrating the following enterprise technologies at CeBIT:
- On the Compaq stand (Hall 1, Stand 4h2): High availability (HA) e-commerce solution using Interchange and Red Hat Linux Advanced Server (beta version)
- On the Fujitsu Siemens stand (Hall 1, Stand 5e2): Red Hat Linux Advanced Server (beta version)
- On the D-Link stand (Hall 15, Stand D38): Certified hardware
Red Hat offers you the opportunity to find out about the latest in open source enterprise software and speak to Red Hat and its partners. Dieter Hoffmann, MD for Central and Eastern Europe at Red Hat, as well as Dirk Haaga, EMEA Channel Manager, and a number of other Red Hat representatives will be on hand to supply information on Red Hat and open source solutions.
About Red Hat, Inc.
Red Hat is the world's premier open source and Linux provider. Red Hat is headquartered in Raleigh, N.C. and has offices worldwide. Its European headquarters is based in Surrey, UK, with offices throughout Europe. Please visit Red Hat on the Web at http://www.europe.redhat.com. For investor enquiries, contact Gabriel Szulik at Red Hat, +1-919-754-3700.
# # #
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, 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.
- About 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.
- 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.