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PRNewswire: Red Herring Magazine Names 1999's Top Ten Information-Economy Entrepreneurs

Aug 12, 1999, 22:14 (0 Talkback[s])

" 'An extraordinary ability to change what is' serves as the common thread for the selection of Red Herring's 'Top Ten Entrepreneurs 1999'..."

"To identify the boldest innovators of the information economy, the technology-business magazine considered the entrepreneurs' track records of starting new companies and measured the success of these endeavors for the cover story. The ventures had to offer potentially transformational technologies and each individual had to be relatively undiscovered."

"Bob Young and Marc Ewing, Red Hat Software

With a successful Aug. 11 IPO, Young and Ewing are going mainstream with Linux, the open-source software operating system. Under their stewardship the company's principal product, the Red Hat Linux development model, has become so attractive to corporate America that it poses a formidable threat to Microsoft's OS monopoly. Although Red Hat Linux can be downloaded at no cost, the company sells it on CD and provides lucrative support services, maintains a Linux site and is developing a graphical desktop environment. Their success has made Linux a real alternative to Windows NT."

Complete Story (scroll down to to end for Red Hat quotes)

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