Red Hat Chooses Seasoned Technical Sales Executive to Lead North American Sales

Lynne Corddry joins Red Hat with over 20 years of industry sales experience.

RALEIGH, N.C -

Red Hat, Inc. (Nasdaq:RHAT), the world's premier open source and Linux provider, today announced the appointment of Lynne Corddry as Vice President of North American Sales. Corddry has over 20 years' experience as a sales executive in companies such as UNISYS, Network Appliance, Silicon Graphics, Inc., and Digital Equipment Corporation.

Corddry comes to Red Hat from UNISYS Corporation where she held the position of Vice President and General Manager, Federal Systems and Technology Business Unit. She led the growth, margin and profitability of high performance enterprise solutions and services to the Federal Government with responsibility for $180M annually. Over a period of 7 months Corddry turned the Federal Business unit around to become profitable. Prior to UNISYS Corddry was Director, Federal Sales and Homeland Security at Network Appliance where she grew Federal business sector 100% year over year for 4 consecutive years.

"Lynne is a well respected executive in the industry with very diverse technical experience," said Alex Pinchev, Executive Vice President of Global Sales at Red Hat. "Consistently throughout her career Lynne has exceeded the goals she has set for herself and those that companies have placed on her."

Corddry holds a Masters Degree in Marketing and Finance from James Madison University. She has taught and lectured extensively at George Washington University, Montgomery College and James Madison University. Corddry is a board member of the Board of the National Defense Industry Association as well as the Government Electronics Industry Alliance.

For more information on Red Hat please visit http://www.redhat.com.

About Red Hat, Inc.

Red Hat, the world's leading open source and Linux provider, is headquartered in Raleigh, NC with satellite offices spanning the globe. Red Hat is leading Linux and open source solutions into the mainstream by making high quality, low cost technology accessible. Red Hat provides operating system software along with middleware, applications and management solutions. 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 focus on security and ease of management. Learn more: http://www.redhat.com

Forward-Looking Statements

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  • About Red Hat
  • Red Hat is the world’s leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, and open source communities, Red Hat helps create relevant, innovative technologies that liberate resources for growth and prepare customers for the future of IT. Learn more at 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 effects of industry consolidation; the ability of the Company to compete effectively; the integration of acquisitions and the ability to market successfully acquired technologies and products; uncertainty and adverse results in litigation and related settlements; 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; 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 and political conditions, governmental and public policy changes and the impact of natural disasters such as earthquakes and floods. 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 this press release.