Red Hat Solutions Boost Performance and Reliability For Leading Energy Trading Company

SESCO Enterprises builds new internal infrastructure based on Red Hat Enterprise Linux and JBoss Enterprise Application Platform

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Red Hat (NYSE: RHT), the world's leading provider of open source solutions, today announced that SESCO Enterprises, a leading electricity and natural gas trading company, has deployed Red Hat solutions including Red Hat Enterprise Linux and JBoss Enterprise Application Platform to facilitate the creation of a high-performance infrastructure to support its rapid database growth. The company has since experienced cost-savings, flexiblity and heightened performance and reliability.

SESCO Enterprises was founded in 2002 by a group of financial management, energy operations and technology professionals and provides risk-reduction strategies that consistently result in large returns on investment for investors, stakeholders and shareholders. SESCO's founders and associates have more than 100 years of combined experiences in trading and risk management, covering the full range of energy markets, including power, natural gas, oil, refined products, coal and emissions.

SESCO needed to build a development infrastructure that combined high reliablity with ease of use in order to provide its traders with the most up-to-date information. The company wanted to gain more control over its server environment, increase processing speeds and facilitate development of SESCO's database programs. The solution also needed to be able to scale to provide support for future growth of the company. The database company that SESCO worked with in 2003 was already utlizing Red Hat solutions, making SESCO's choice to implement Red Hat solutions easy.

When we decided to move our database servers in-house, Red Hat was the natural choice. We needed a solution that ensured easy installation, excellent support and the highest availability possible. Our databases have to stay up at all times, and we knew Red Hat solutions would give us peace of mind, said Gene Meier, systems administrator for SESCO Enterprises. Today, twelve IBM servers with Intel dual-core processors run Red Hat Enterprise Linux for SESCO. One server runs the JBoss Enterprise Application Platform, which the company uses to automate processes and to support its transaction-driven messaging.

SESCO has experienced many benefits since deploying Red Hat solutions, including increased cost-savings, high levels of support, flexibility, ease of use and the reliability of a high-performance, scalable infrastructure. Using Red Hat and JBoss solutions, we've built a redundant, reliable infrastructure that minimizes downtime, provides failover capabilities, and keeps our traders up and running, said Meier. In our market, we can make or lose money in seconds. Red Hat support enables us to respond more quickly to changes in the market and gain a competive advantage.

SESCO's plans include a continued implementation of new Red Hat capabilities including virtualization and clustering in the future.

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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 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. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: http://www.redhat.com.

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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 the integration of acquisitions; the ability of the Company to effectively compete; 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; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company's growth and international operations; adverse results in litigation; the 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, 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 the press release.

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  • About Red Hat
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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.