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May 9, 2025
RED HAT NAMED ONE OF THE TOP 50 PUBLIC COMPANIES IN RED HERRING 100

Award Further Validates Red Hat's Position as the Established Open Source Market Leader

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
Red Hat
phone: +44 (0)1483 300 169
email: fphelps@redhat.com

 

 


 
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