Red Hat Appoints Alex Pinchev President, International Operations

4/25/2003 - Red Hat, Inc. (Nasdaq:RHAT), the world's premier open source and Linux provider, announced the appointment Alex Pinchev to their executive team as President, International Operations. Pinchev will be responsible for the sales and service delivery for all Red Hat offerings outside of North America and will work to strengthen global reach into the enterprise marketplace.

"International expansion is a key corporate objective. Enterprise companies and governments in Europe, Asia and Latin America are realizing the high value, low cost benefits of Red Hat's solutions." said Matthew Szulik, CEO of Red Hat. "Alex brings a great deal of international experience leading and building global organizations."

Pinchev has developed an outstanding knowledge and understanding of the U.S., Middle East, European and Pacific Rim markets during the course of his international career. Most recently serving as Chairman, President, CEO and Founder of MainControl Inc., Pinchev has had great success in the development of relationships with Global 2000 customers, major consulting and software firms, integrators and OEM partners. Pinchev also has extensive global operational experience in managing and growing technology companies. In addition to his seven years leading MainControl, Pinchev brings with him over 20 years of internationally-based business and technology leadership experience.

"The global opportunities for Red Hat are tremendous as major organizations and governments become acquainted with the value of Red Hat's Open Source solutions," said Pinchev. "I'm looking forward to maximizing the company's international growth potential."

About Red Hat, Inc.
Red Hat is the world's premier open source and Linux provider. Red Hat is headquartered in Raleigh, N.C. and has offices worldwide. Please visit Red Hat on the Web at

LINUX is a trademark of Linus Torvalds. RED HAT is a registered trademark of Red Hat, Inc.

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