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PRNewswire: Red Hat... Enhanced Value Proposition of Open Source... Strategic Directions 2000...

Apr 19, 2000, 00:30 (0 Talkback[s])

"Walter McCormack, vice president and general manager, Internet division of Red Hat, Inc. (Nasdaq: RHAT), a market leader in Linux and open source solutions, spoke today at the Strategic Directions 2000 E-business Conference sponsored by TIBCO Software Inc. (Nasdaq: TIBX). McCormack spoke to more than 700 of the world's leading CIOs and IT visionaries about the enhanced value proposition of open source."

""Linux is the number one platform for Web server operating systems, capturing 34% of the Web server market," said McCormack. "The popularity of the open source Linux operating system is due to three things -- increased control, reliability and affordability for the end user.""

""At Red Hat we are using the Internet to fundamentally change the way software is developed and deployed. Our goal is to build an open-source ecosystem with Linux as the center. Key partners such as TIBCO will be instrumental in helping us further the acceptance of open source by adopting open source into their software development efforts.""

Press Release