Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that GEICO Group Vice President and Chief Information Officer, Jess Reed will keynote at the 2009 JBoss World conference in Chicago, September 1-4, 2009. Reed will highlight GEICO's deployment of Red Hat's JBoss Enterprise Middleware and their use of open source middleware software for mission critical platforms. GEICOs participation in JBoss World demonstrates the continuing adoption of JBoss by leading global companies.
GEICO (Government Employees Insurance Company) as part of Berkshire Hathaway is the third-largest private passenger auto insurer in the United States. GEICO provides auto insurance coverage for 9 million policyholders and insures more than 15 million vehicles.
In addition to auto insurance, GEICO offers customers insurance products for their motorcycles, all-terrain vehicles (ATVs), boats, homes, apartments and mobile homes. Commercial auto insurance and personal umbrella protection and life insurance are also available.
As a member of the Berkshire Hathaway group of companies, GEICO is rated A++ for financial strength by A.M. Best Company and ranks at the top of several national customer satisfaction surveys. For more information, go to http://www.geico.com.
Reed and his GEICO colleagues have made strides to improve performance, position the company for additional growth and implemented ways to improve the efficiency of IT systems and applications. Most recently Reed's team deployed Red Hat's JBoss Enterprise Application Platform, where GEICO was able to reduce the total cost of ownership over proprietary Java application servers by more than 30%.
"Middleware represents the next wave of open source adoption, which is why we made a strategic decision to standardize on Red Hat's JBoss Enterprise Middleware," said Reed. "We are very pleased with our JBoss deployment and I look forward to sharing our successes and vision with JBoss customers, partners and developers at JBoss World 2009."
"We are happy to welcome GEICO's CIO, Jess Reed, as a featured keynote speaker at JBoss World 2009. This event will highlight some of the best and most innovative open source middleware use cases and technologies and we are proud to count GEICO as one of our customers," said Craig Muzilla, vice president, Middleware, Red Hat. "GEICO has executed a highly successful migration from proprietary Java middleware products to Red Hat's JBoss Enterprise Middleware. Their story is a prime example of how companies can carve costs out of their datacenters and leverage open source to drive innovation."
GEICO's strategic use of Red Hat's middleware solutions led them to win a JBoss Innovation Award in the "Superior Alternative" category. The awards are designed to recognize the outstanding use, innovation and extension of Red Hat and JBoss solutions by Red Hat customers, partners and the open source community.
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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 65 offices spanning the globe. CIOs ranked Red Hat as one of the top vendors delivering value in Enterprise Software for five 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.
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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.
