Red Hat Ranked as #1 Software Vendor for Fifth Time in CIO Insight Study

Tue Oct 20, 2009 8:00am EDT
 
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Trusted Open Source Leader Receives the Highest Rank among Software Vendors for
Reliability and Value
RALEIGH, N.C.--(Business Wire)--
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source
solutions, today announced that it has received the highest rank among software
vendors in Ziff Davis' 2009 "CIO Insight Vendor Value" study, which polls IT
executives on the value of their vendors' product and service offerings. This is
the fifth time the company has received the top rank among software vendors. In
addition, Red Hat received the highest rank among software companies on the
overall list of IT vendors across software, networking, hardware and security. 

"In light of the current economic climate, Red Hat is well-positioned to address
our customers' needs with high-quality solutions that deliver performance,
reliability and scalability -- all offered at a price that helps the bottom
line," said Jim Whitehurst, president and CEO, Red Hat. "As the trusted leading
provider of open source solutions we aim to respond to customer demand with our
proven value proposition." 

Now in its seventh year, the "CIO Insight Vendor Value" study polled more than
650 IT executives on their general perception of the value of vendors' products
and services along with their overall satisfaction with the support provided by
those vendors. Red Hat received the highest rank across software vendors on
reliability and value. In addition, the company also earned the top overall spot
across all vendors for meeting expectations for increasing revenues and for its
flexibility and responsiveness. 

In the category of 'Value', Red Hat also scored in the top seven vendors for
meeting expectations for lowering costs, solving the business problem paid to
solve and meeting return on investment expectations. Under the 'Reliability'
category, the company ranked in the top three for meeting commitments on time
and on budget and meeting quality expectations. 

To view the full "CIO Insight Vendor Value" study please visit
http://www.cioinsight-digital.com/cio/200910/. 

For more information about Red Hat, visit www.redhat.com, For more news, more
often, visit www.press.redhat.com. 

About Red Hat, Inc.

Red Hat, the world's leading open source solutions provider, is headquartered in
Raleigh, NC with over 65 offices spanning the globe. CIOs ranked Red Hat as one
of the top vendors delivering value in Enterprise Software for six consecutive
years in the CIO Insight Magazine Vendor Value survey. Red Hat provides
high-quality, affordable technology with its operating system platform, Red Hat
Enterprise Linux, together with applications, management and Services Oriented
Architecture (SOA) solutions, including JBoss Enterprise Middleware. 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 delays or reductions in information technology spending, the
integration of acquisitions and the ability to market successfully acquired
technologies and products; 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; 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; adverse results in litigation; 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 conditions,
and governmental and public policy changes. 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, Inc.
Kara Schiltz, 919-301-3002, kschiltz@redhat.com

Copyright Business Wire 2009

 

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