EDGE 2020 Goes Virtual
<p>New facet in Red Hat Open Source Assurance Plan is designed to mitigate risks for software developers and end users.</p>
<p>RALEIGH, NC, AUG. 3, 2004 - Red Hat, Inc. (Nasdaq:RHAT), the world's leading provider of open source solutions to the enterprise, today announced a partnership with Black Duck Software, a leading provider of information services that enable vendors and enterprises to manage software intellectual property (IP). The companies will work together to help software developers and companies using Linux and open source software to mitigate the risks associated with software development and management of their intellectual property. This announcement is the latest milestone in Red Hat's Open Source Assurance program, a plan for protecting open source developers and Red Hat Enterprise Linux subscribers.</p>
<p>“Customers are excited about the value and flexibility that Linux and open source bring, but are often cautious to embrace it fully because of a fear and uncertainty about the perceived risk of open source licenses,” said Matthew Szulik, Chairman and CEO of Red Hat. “Working with partners like Black Duck, Red Hat is committed to preserving the creative spirit of developers, fortifying the confidence enterprise users have in Linux and open source, and increasing the value of Red Hat subscriptions.”</p>
<p>Established in August, 2003, Red Hat's Open Source Assurance program was launched in an effort to develop and deploy open source software with confidence. The program features The Open Source Now Fund, a fund created by Red Hat in August, 2003 to assist companies with any legal expenses associated with litigation related to the development of software under the GPL or other open source license and to prepare educational materials related to such software and litigation. An Intellectual Property Warranty for Red Hat Enterprise Linux customers is a second feature added in October 2003. This Warranty is a promise by Red Hat to replace software if there is an intellectual property issue so that customers may continue to use the solution without interruption.</p>
<p>Black Duck helps companies to preserve the value of their software IP and implement licensing compliance programs, as these programs become more complex and adapt to the growing practice of reusing open source software. The company’s innovative protexIP™ suite of offerings are the first software IP management solutions that give vendors and enterprises the knowledge and tools they need to safely leverage open source software in commercial products and internal applications. Companies using protexIP deploy an automated solution that supports both the accelerated pace of development and heightened sensitivity to business controls required in today's business environment.</p>
<p>The existing features of the program with a new relationship with Black Duck will offer Red Hat Enterprise Linux customers a comprehensive plan that includes prevention and protection.</p>
<p>“Black Duck’s mission is to help any organization concerned about the risks of combining open source and proprietary software code, either accidentally or intentionally, into its own software,” said Douglas A. Levin, CEO of Black Duck Software. “We’re very excited to be partnering with Red Hat on these crucial issues of protecting software developers and furthering Linux and open source adoption to the enterprise.”</p>
<p>Red Hat plans to work with Black Duck to develop joint seminars with Red Hat Global Learning Services to educate customers on best practices in IP risk mitigation. The companies will also offer joint service offerings to assess and help implement IP best practices and will work to deliver value-added IP risk management solutions through Red Hat Network distribute Black Duck protexIP/development via Red Hat Network. For more information on Black Duck, please visit http://www.blackducksoftware.com. For more information on Red Hat's Open Source Assurance Program, please visit http://www.redhat.com/software/rhel/assurance</p>
<p>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</p>
<p>About Black Duck Software
Founded in 2002, Waltham, Massachusetts-based Black Duck Software is the leading supplier of software intellectual property management solutions that enable vendors and enterprises to efficiently create, license, and protect software assets. For more information about Black Duck, visit www.blackducksoftware.com.</p>
Forward-looking statements in this press release are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this press release that are not strictly historical statements, including, without limitation, management's plans and objectives for future operations, and management's assessment of market factors, constitute forward-looking statements which involve risks and uncertainties. These risks and uncertainties include, without limitation, reliance upon strategic relationships, management of growth, the possibility of undetected software errors, the risks of economic downturns generally, and in Red Hat's industry specifically, the risks associated with competition and competitive pricing pressures, the viability of the Internet, and other risks detailed in Red Hat's filings with the Securities and Exchange Commission, copies of which may be accessed through the SEC's Web site at http://www.sec.gov.</p>
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