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RESEARCH TRIANGLE PARK, N.C. May 9, 2025 Red Hat(r), Inc.
(NASDAQ:RHAT),
the leading provider of open source solutions for Internet
infrastructure, today announced its recognition as one of the Top 50
Public Companies in the Red Herring 100, an annual profile of leading
public and private companies. Red Hat's position as the first Linux
distributor and leader in Linux market share has earned it the
recognition as a company ``whose products, services and business models
define the future of business.''
Judges in the 4th Annual Red Herring 100 used six criteria in
determining the top companies for recognition: strategy, execution,
products and services, branding, finances, and competition. Red Herring
cited the importance of a company's ability to overturn existing markets
or create entirely new markets as a major factor in its final
determination of the Red Herring 100. In its branding section, the Red
Herring 100 labels Red Hat as having ``the biggest brand-name among
Linux operating system distributors,'' and states in its market section
that ``Red Hat was the first Linux distributor and remains the leader,
with the most market share.'' To view the full Red Herring 100 profile
of Red Hat, please visit the following Web site:
http://www.redherring.com/mag/issue79/herring100/red.html.
``Once again, a leading publication in the field of business technology
has validated Red Hat's business model and position as the leader in the
open source solutions,'' said Matthew Szulik, CEO of Red Hat.
``Recognition by Red Herring as a top public company indicates that
business leaders acknowledge Red Hat's ability to define new
business paradigms and perform in today's demanding marketplace.
Red Hat, Inc. continues to receive substantial industry praise,
including: Red Herring's Top 100 Companies of the Electronic Economy;
Network World's 10 Companies to Watch; Federal Computer Week's
Government Best Buy; Software Development's Jolt Award; Information
Week's Product of the Year; an Upside Magazine's Hot 100 Company and
E-biz Winner; and InfoWorld's Product of the Year (four years in a row).
A recent Harris Interactive Survey ranked Red Hat in the Top 20 ``best
regarded'' companies and Top 10 companies demonstrating ``vision and
leadership.''
About Red Hat, Inc.
Founded in 1994, Red Hat (NASDAQ:RHAT) is the market leader in open
source operating system (OS) software, services and information,
spanning powerful enterprise and Internet servers to next-generation
devices and pervasive computing platforms. Along with its award-winning
open source Red Hat Linux OS, Red Hat offers a full line of services,
including telephone support, on-site consulting, developer training,
certification programs and priority access updates, making Red Hat a
leading resource for knowledgeable, innovative, mission-critical open
source solutions.
Red Hat develops and shares all of its software innovations freely with
the open source community under the GNU General Public License (GPL) and
other public licenses. The Official Red Hat Linux OS and related
services are available directly from the company and through its
partner, distributor and reseller programs, which include top PC and
server manufacturers such as Compaq, Dell, Gateway, IBM, Hewlett-Packard
and Silicon Graphics.
Red Hat is based in Research Triangle Park, N.C. and has offices
worldwide. Visit Red Hat on the Web at www.redhat.com. For investor
inquiries, contact Lippert/Heilshorn at (212) 838-3777.
# # #
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, statements regarding product plans and developments,
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, the ability to
continue to develop the Linux kernel and other software, Red Hat's
dependence upon an open source business model, product plans and
performance, reliance upon independent third-party Linux developers,
management of growth, reliance upon strategic relationships, 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, year 2000 compliance efforts of Red Hat
and of third parties on which Red Hat depends, 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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