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BW: Red Hat Named One of the Top 50 Public Companies in Red Herring 100

Written By
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Web Webster
Web Webster
May 9, 2000

“Red Hat, Inc., 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 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.


Press Release

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Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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