Red Hat (NASDAQ: RHAT), the world's leading provider of open source solutions to the enterprise, today announced that Dataquest has recognized Red Hat as the fastest-growing company in India for 2005-2006 in its Dataquest Top 20 Awards. The Dataquest Top 20 Awards are the Indian IT industry's oldest and most prestigious awards. Since 1993, companies have been honored on the basis of the Dataquest Top 20, an annual survey conducted from April to June each year. The survey rates IT companies operating in India on the basis of their financial performance and sales revenues for the fiscal year in various categories, including PCs, servers, peripherals, software exports, package software, networking, IT training and IT distribution. "I am extremely grateful to our customers and partners who have embraced Red Hat�s technology and open source initiatives since our inception in the country," said Nandu Pradhan, President and Managing Director, Red Hat India. "We believe that the Dataquest award is a reflection of the commitment and acceptance of Red Hat technology in the Indian enterprise and across verticals. This appreciation from customers and the industry combined encourages us to take our efforts even further." According to CyberMedia Research, in the past year, Red Hat has consistently maintained its leadership position in the Linux market and has gained a market share of over 95 percent in India. This growth signals not only the increasing acceptance of Linux by Indian enterprises, but also India�s increasing trust for the subscription-based software adoption model. Last year, corporations and SMBs ported many of their mission-critical applications to the Linux platform. eGovernance and financial services were Red Hat�s primary growth drivers in India last year. Red Hat also localized Red Hat Enterprise Linux in five Indian languages: Hindi, Gujarati, Tamil, Bengali and Punjabi. Commenting on the exponential growth of Red Hat, Ibrahim Ahmed, Group Editor at Dataquest, said, "The president�s 20:20 vision requires India to explore and adopt open source. Companies like Red Hat, who are taking the initiatives to educate and grow the Linux market, can bring us closer to this vision. We are glad to award a company like Red Hat that has redefined software usage." For more information on Red Hat enterprise solutions, please visit http://www.redhat.com. About Red Hat, Inc. Red Hat, the world's leading open source solutions provider, is headquartered in Raleigh, NC with satellite offices spanning the globe. CIOs and other senior-level IT executives have ranked Red Hat as the industry's most valued vendor for two consecutive years in the CIO Insight Magazine Vendor Value study. Red Hat is leading Linux and open source solutions into the mainstream by making high-quality, low-cost technology accessible. Red Hat provides an operating system platform, Red Hat Enterprise Linux, along with applications, management, and middleware solutions, including JBoss Enterprise Middleware Suite. Red Hat is accelerating the shift to service-oriented architectures and enabling the next generation of web-enabled applications running on a low-cost, secure open source platform. Red Hat also offers support, training and consulting services to its customers worldwide and through top-tier partnerships. Red Hat's open source strategy offers customers a long term plan for building infrastructures that are based on and leverage open source technologies with a focus on security and ease of management. 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. LINUX is a trademark of Linus Torvalds. RED HAT and JBOSS are registered trademarks of Red Hat, Inc. and its subsidiaries in the US and other countries. Red Hat (NASDAQ: RHAT), the world's leading provider of open source solutions to the enterprise, today announced that Dataquest has recognized Red Hat as the fastest-growing company in India for 2005-2006 in its Dataquest Top 20 Awards. The Dataquest Top 20 Awards are the Indian IT industry's oldest and most prestigious awards. Since 1993, companies have been honored on the basis of the Dataquest Top 20, an annual survey conducted from April to June each year. The survey rates IT companies operating in India on the basis of their financial performance and sales revenues for the fiscal year in various categories, including PCs, servers, peripherals, software exports, package software, networking, IT training and IT distribution. "I am extremely grateful to our customers and partners who have embraced Red Hat's technology and open source initiatives since our inception in the country," said Nandu Pradhan, President and Managing Director, Red Hat India. "We believe that the Dataquest award is a reflection of the commitment and acceptance of Red Hat technology in the Indian enterprise and across verticals. This appreciation from customers and the industry combined encourages us to take our efforts even further." According to CyberMedia Research, in the past year, Red Hat has consistently maintained its leadership position in the Linux market and has gained a market share of over 95 percent in India. This growth signals not only the increasing acceptance of Linux by Indian enterprises, but also India's increasing trust for the subscription-based software adoption model. Last year, corporations and SMBs ported many of their mission-critical applications to the Linux platform. eGovernance and financial services were Red Hat's primary growth drivers in India last year. Red Hat also localized Red Hat Enterprise Linux in five Indian languages: Hindi, Gujarati, Tamil, Bengali and Punjabi. Commenting on the exponential growth of Red Hat, Ibrahim Ahmed, Group Editor at Dataquest, said, "The president's 20:20 vision requires India to explore and adopt open source. Companies like Red Hat, who are taking the initiatives to educate and grow the Linux market, can bring us closer to this vision. We are glad to award a company like Red Hat that has redefined software usage." For more information on Red Hat enterprise solutions, please visit http://www.redhat.com. About Red Hat, Inc. Red Hat, the world's leading open source solutions provider, is headquartered in Raleigh, NC with satellite offices spanning the globe. CIOs and other senior-level IT executives have ranked Red Hat as the industry's most valued vendor for two consecutive years in the CIO Insight Magazine Vendor Value study. Red Hat is leading Linux and open source solutions into the mainstream by making high-quality, low-cost technology accessible. Red Hat provides an operating system platform, Red Hat Enterprise Linux, along with applications, management, and middleware solutions, including JBoss Enterprise Middleware Suite. Red Hat is accelerating the shift to service-oriented architectures and enabling the next generation of web-enabled applications running on a low-cost, secure open source platform. Red Hat also offers support, training and consulting services to its customers worldwide and through top-tier partnerships. Red Hat's open source strategy offers customers a long term plan for building infrastructures that are based on and leverage open source technologies with a focus on security and ease of management. 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. LINUX is a trademark of Linus Torvalds. RED HAT and JBOSS are registered trademarks of Red Hat, Inc. and its subsidiaries in the US and other countries.
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