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Rackspace Wins 2017 Red Hat Innovator of the Year Award

Red Hat, Inc. (NYSE:RHT), the world's leading provider of open source solutions, today announced that Rackspace®, a leading managed cloud provider, won the 2017 Red Hat Innovator of the Year award. It was selected as the Innovator of the Year out of five finalists and category winners for the 2017 Red Hat Innovation Awards after a public vote.

Rackspace was recognized for its collaboration with Red Hat to build an enterprise, managed private cloud solution built on Red Hat OpenStack Platform. The result was Rackspace Private Cloud powered by Red Hat, which launched in February 2016. This offering includes other Red Hat technologies such as Red Hat Ceph Storage, Red Hat Enterprise Linux, Red Hat Satellite and Red Hat CloudForms, with Fanatical Support® and operations from Rackspace layered on top.

Rackspace also worked with a Red Hat Technical Account Manager to help develop the solution, and used Red Hat Training and Certification to gain expertise on Red Hat OpenStack software and tools. Ultimately with Rackspace Private Cloud powered by Red Hat, end users can receive the agility and efficiency of public cloud with the security features, control and performance of enterprise private cloud software provided by Red Hat, all coupled with managed services from Rackspace, which has industry-leading OpenStack operational expertise. Through this collaboration, Rackspace contributes to Red Hat’s continued efforts to improve the Red Hat OpenStack Platform by testing for broad hardware and software compatibility, performance and availability. Red Hat and Rackspace also work together on version and feature updates.

The 2017 Red Hat Innovation Award category winners include Barclays Bank; the Government of British Columbia; the Government of the State of Jalisco, Mexico; Macquarie, and Rackspace. The category winners were selected by a panel of judges, including Red Hat executives, technology journalists and analysts, representatives from the 2016 Innovator of the Year, Amadeus.

Since 2007, the Red Hat Innovation Awards program has recognized the technological achievements of customers and partners who demonstrate creative thinking, determined problem-solving, and innovative uses of Red Hat technologies. Winners have included leaders from around the world and across industries who are using open source solutions to transform their organizations and enable faster innovation.

Supporting Quotes

Bryan Thompson, general manager, OpenStack Private Cloud, Rackspace
We are honored to be recognized as the 2017 Red Hat Innovator of the Year amongst some tough competition,” said Bryan Thompson, general manager of OpenStack Private Cloud at Rackspace. “We launched Rackspace Private Cloud powered by Red Hat more than one year ago with the goal of meeting customer demand for Rackspace’s operational expertise and Fanatical Support on top of their OpenStack distribution of choice. This recognition from public vote is a testament to the success and innovation of the product as an enterprise-grade managed OpenStack offering, as well as the collaboration between Rackspace and Red Hat. We look forward to continuing to work with Red Hat to refine and innovate Rackspace Private Cloud powered by Red Hat.”

Marco Bill-Peter, vice president, Customer Experience and Engagement, Red Hat
“Rackspace and Red Hat have worked together for more than 13 years to bring open source to enterprise customers. Our latest collaboration is a testament to what can be accomplished by using innovative thinking and problem solving to meet changing customer needs. It is an honor to name Rackspace as the 2017 Red Hat Innovator of the Year.”

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About Red Hat, Inc.

Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to provide reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As a 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.

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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 the ability of the Company to compete effectively; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; delays or reductions in information technology spending; the integration of acquisitions and the ability to market successfully acquired technologies and products; fluctuations in exchange rates; the effects of industry consolidation; 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; risks related to data and information security vulnerabilities; changes in and a dependence on key personnel; the ability to meet financial and operational challenges encountered in our international operations; and ineffective management of, and control over, the Company's growth and international operations, as well as other factors contained in our most recent Annual Report on Form 10-K (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.

Red Hat, Red Hat Enterprise Linux, the Shadowman logo, JBoss,Ceph, CloudForms, Gluster and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries. The OpenStack Word Mark is either a registered trademark/service mark or trademark/service mark of the OpenStack Foundation, in the United States and other countries, and is used with the OpenStack Foundation's permission. Red Hat is not affiliated with, endorsed or sponsored by the OpenStack Foundation, or the OpenStack community.

Contacts:

Red Hat, Inc.
Allison Showalter, +1-919-716-5113
ashowalt@redhat.com

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