Press release

Red Hat Announces Effectiveness of Registration Statement Relating to Convertible Senior Debentures

Red Hat, Inc. (NASDAQ: RHAT), the leading provider of open source solutions to the enterprise, today announced that the Securities and Exchange Commission declared effective its registration statement on Form S-3 relating to the resale by the holders of an aggregate principal amount of $600 million of Red Hat's 0.50% Convertible Senior Debentures due 2024, and any shares of Red Hat common stock issuable upon conversion of the debentures. The debentures are convertible into shares of Red Hat common stock prior to maturity only under limited, specified circumstances as described in the registration statement.
Red Hat issued an aggregate principal amount of $600 million of its debentures in a private placement on January 12, 2004 to the initial purchaser. The initial purchaser resold the debentures to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended. The selling security holders may use the prospectus relating to the registration statement from time to time to resell their debentures and any shares of Red Hat common stock issuable upon conversion of the debentures. Red Hat will not receive any proceeds from the sale of the debentures or any shares of Red Hat common stock issuable upon conversion of the debentures offered by the prospectus.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering would be unlawful.

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

Declarações inovadoras

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, 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.