Red Hat (NYSE: RHT), the world's leading provider of open source solutions, today announced it has signed a master marketing agreement with Science Applications International Corporation (NYSE: SAI) to deliver Red Hat solutions and the benefits of open source to defense-related, federal government and commercial markets. The agreement highlights Red Hat's open source solutions and SAIC's depth and breadth in providing design and implementation services across leading companies and governments worldwide.
Under the terms of the agreement, the two organizations will use their respective expertise to collaborate in the development and delivery of reliable open source solutions to customers. This collaboration is expected to provide powerful, proven solutions for federal agencies looking to improve operational effectiveness and productivity.
Red Hat is the recognized leader in enterprise solutions that take full advantage of the quality and performance provided by the open source model. With Red Hat, enterprise hardware and software vendors have a standard platform on which to certify their technology, assuring the necessary scalability and security of open source software and enabling mission-critical Linux deployments. Red Hat's open source solutions are designed to satisfy the government's demand for scalable, reliable, high-performance and secure commercial-off-the-shelf (COTS) products. By deploying Red Hat Enterprise Linux, the government will receive cost-effective products and solutions that can integrate with or replace existing systems with increased effectiveness.
During the signing ceremony at SAIC's McLean, Va., facility, Steven D. Rizzi, SAIC vice president of operations for Advanced Information Technology, said, This agreement will benefit not only Red Hat and SAIC, but also our customers. By pairing SAIC's expertise in systems integration, software development, database architecture and management of large, complex projects with Red Hat's global open source enterprise leadership, our customers can benefit from the move to flexible, cost-effective, robust and open IT infrastructures.
The product capabilities of Red Hat combined with the demonstrated success of SAIC in the federal IT marketplace can enable federal agencies to rapidly move toward an open systems model, incorporating open source solutions to meet the complex system requirements of the U.S. military, intelligence community, homeland security and other federal agencies,
said Paul Smith, Red Hat's Vice President for Government Sales Operations. This new collaboration offers Red Hat's functionality, scalability, security and performance combined with SAIC's federal government expertise to meet many of the U.S. government's most pressing challenges.
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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, including the JBoss Enterprise Middleware Suite. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: 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 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
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.
