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November 21, 2025 Red Hat (Nasdaq:RHAT), a leader in developing,
deploying and managing open source Internet infrastructure, today
announced its inclusion in the Standard 100 powered by Epoch
Partners, the premiere stock index tracking the Internet Economy.
Created by Standard Media International (``The Standard''), the leading source for intelligence for the Internet Economy, and Epoch Partners, the foremost leader of technology-enabled
investing, the Standard 100 includes the most influential companies
driving the Internet Economy. Red Hat is the only open source Linux
solutions vendor that has been chosen to be part of the Standard 100.
Tracked on the American Stock Exchange under the ticker symbol XIS, the
Standard 100 is expected to become the bellwether of the Internet
Economy. Unlike other Internet indices, the Standard 100 will be
vigilantly maintained with three quarterly reviews and an annual
rebalancing. Additionally, a log-cap weighting scheme successfully
captures the size factor of companies represented in the Index. This
weighting scheme precludes large companies from capturing excessively
large weights and allows smaller cap weighted companies to have fair
representation and a stronger impact.
"Inclusion in the Standard 100 is further validation of Red Hat's
talented executive management, our continued delivery of Internet
infrastructure solutions and services and our ability to execute our
stated financial goals," said Kevin Thompson, Red Hat's Chief Financial
Officer. "As the market leader in the open source marketplace, and the
first Linux company to be publicly traded, Red Hat is a pioneer of new
ecosystems within the Internet economy."
Information about the Standard 100 and Red Hat will be featured as the
cover story of The Standard's November 20th issue, on sale November
13th. The information will also be available online at
http://www.thestandard.com
Open Source Momentum
International Data Corp. (IDC) research states that paid Linux shipments
grew faster than any other server operating system over the past two
years, and their preliminary figures for 1999 show Linux shipments hold
24.6 percent of the server operating system market, up from 15.8 in
1998. IDC also states that Red Hat Linux is by far the most popular
distribution, preferred by 68.7 percent of U.S. Linux users.
Research firm Netcraft, Inc.
http://www.netcraft.com, states
that as of May 2000, 36 percent of all public Web sites run on
Linux-based operating systems, making Linux the most popular choice for
deploying public Web sites. IDC research shows 40 percent of all
spending on Linux servers is for Internet related applications, firmly
entrenching Linux servers in the Internet infrastructure.
Finally, IDC predicts that by 2002, there will be more than 55 million
handheld and notebook-style information appliance devices and that by
2005, shipments of these appliances will exceed shipments of PCs.
Red Hat's numerous alliances with industry leaders and the demand for
Linux-based applications has created open source support from many of
the industry's leading software and hardware manufacturers, including
Compaq, Computer Associates, Dell, Hewlett-Packard, IBM, Intel,
Netscape, Novell, Oracle and SAP.
About Red Hat
Founded in 1994, Red Hat (Nasdaq:RHAT), is the leader in development,
deployment and management of Linux and open source solutions for
Internet infrastructure ranging from small embedded devices to high
availability clusters and secure Web servers. In addition to the
award-winning Red Hat Linux server operating system, Red Hat is the
principle provider of GNU-based developer tools and support solutions
for a wide variety of embedded processors. Red Hat provides run-time
solutions, developer tools, Linux kernel expertise and offers support
and engineering services to organizations in all embedded and Linux
markets.
Red Hat applies its technological leadership to create open source
solutions for all points on the Internet and in pervasive computing
environments, offers services backed by the best understanding of open
source and the most comprehensive resources, and delivers the brand of a
widely trusted open source leader and corporate partner. Red Hat offers
users one single, trusted point of contact and a common platform for
developing, deploying and managing open source across the Internet and
devices that connect to the Internet.
Red Hat Europe was established in July 1999 with its European
headquarters based in Surrey, United Kingdom and offices throughout
Europe. Red Hat Linux is sold and supported through a number of major
distribution and industry partners throughout Europe and from
https://redhat-techworld.com/shop
About The Standard
Headquartered in San Francisco and located on the Web at
http://www.thestandard.com,
The Standard is the essential source for business intelligence on the Internet Economy. Through The Industry Standard, its weekly news magazine; TheStandard.com, its daily news outlet and
business intelligence resource; its conferences and events; and its e-mail
newsletters, research, recruiting and market-making offerings, The
Standard provides a new breed of business leaders with the information
and resources they need to succeed in the Internet Economy. The Standard
has offices in Los Angeles, New York, Washington, D.C., and London, and
is owned by Standard Media International, a private company majority
owned by IDG.
About Epoch Partners
Epoch Partners is a technology-enabled investment bank focused on
high-growth companies and electronically connected institutional and
individual investors. Epoch has assembled a team of experienced
investment banking, research, trading and technology professionals to
build the next generation investment bank. Epoch's unique approach to
investment banking includes using technology to provide superior market
intelligence to issuers and investors. For issuers, Epoch uses
proprietary data to improve the pricing and distribution of securities.
For all investors, Epoch provides unique research insight by fusing its
analysis with relevant third party commentary. For the institutional
trading community, Epoch provides enhanced investment and portfolio
analysis tools in addition to an unconflicted trading platform.
Through partnerships with Charles Schwab, Ameritrade and TD Waterhouse,
Epoch has exclusive access to a fast-growing, electronically connected
investor base that consists of more than 10 million accounts. These
accounts have combined investable assets of close to 1.5 trillion
dollars and account for more than fifty percent of all online assets.
Epoch's investors include its three online brokerage partners and
Benchmark Capital, Kleiner Perkins Caufield & Byers, Trident Capital and
Reuters Venture Capital.
###
LINUX is a trademark of Linus Torvalds. RED HAT is a registered
trademark of Red Hat, Inc. All other names and trademarks are the
property of their respective owners.
FORWARD-LOOKING STATEMENTS
Forward-looking statements in this press release are made pursuant to
the safe harbor provisions of Section 21E of the Securities Exchange Act
of 1934. Investors are cautioned that statements in this press release
that are not strictly historical statements, including, without
limitation, management's plans and objectives for future operations and
management's assessment of market factors, constitute forward-looking
statements which involve risks and uncertainties. These risks and
uncertainties include, without limitation, product plans and
performance, the ability to continue to develop the Linux kernel and
other software, reliance upon strategic relationships, Red Hat's
dependence upon an open source business model, reliance upon independent
third-party Linux developers, management of growth, expansion of Red
Hat's business focus and operations, the possibility of undetected
software errors, the enforceability of the GNU General Public License
and other licenses under which Red Hat's products are developed and
licensed, the scarcity of Linux-based applications, the risks of
economic downturns generally, and in Red Hat's industry specifically,
the risks associated with competition and competitive pricing pressures,
the viability of the Internet, and other risks detailed in Red Hat's
filings with the Securities and Exchange Commission, copies of which may
be accessed through the SEC's Web site at
http://www.sec.gov.
For further information please contact
Fiona Phelps |
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