RALEIGH, N.C. - —
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced it has been named Large Technology Company of the Year by the North Carolina Technology Association (NCTA) in its 2009 NCTA 21 Awards. The criteria for this award include annual revenue of more than $100 million, market leadership, employment growth, innovation and profit margin. Other finalists in the Large Technology Company category included Epic Games, Inc., Microsoft Corporation and Tekelec.
"This year's 21 Awards truly showcase the best technology and innovation that our state has to offer," said Brooks Raiford, president and chief executive officer of NCTA. "We couldn't be more pleased to congratulate Red Hat as a company that is leading North Carolinas technology industry, and we are proud to recognize them as a winner of the Large Technology Company of the Year award."
The NCTA 21 Awards are among North Carolina's most prestigious business awards, celebrating innovation and excellence across the state. This annual showcase honors companies and individuals in 21 categories who represent the best in technology and business. Red Hat has been recognized by NCTA in the past and was named Public Company of the Year in 2008, Large Company of the Year in 2005 and Software Company of the Year in 2000.
"The state of North Carolina and its Triangle region maintain a rich history of innovation in the technology sector," said Tom Rabon, executive vice president, Corporate Affairs for Red Hat. "Red Hat is honored to be recognized by NCTA for its leadership and growth, and we are proud to invest our time and talent into establishing the Triangle region as a leading hub for open source, serving as a catalyst for customers, partners, academic institutions and the technology and business communities of North Carolina."
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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 six 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 virtualization, applications, management and Services Oriented Architecture (SOA) solutions, including Red Hat Enterprise Virtualization and 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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