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TheStreet Open House

Global Technology Distribution Council (GTDC) Honors Red Hat For Fourth Consecutive Year

Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced that the Global Technology Distribution Council (GTDC) has awarded them with one of the technology industry’s most reputable honors – a United States “Rising Star” award. This is the fourth consecutive year Red Hat has been honored, a distinction enjoyed by no other company to date. The GTDC Rising Star awards recognize technology companies for exceptional regional sales growth over the past year through their distribution partners. GTDC members include many of the world’s most successful technology distributors, driving more than $100 billion in product sales across the globe.

Red Hat received the organization’s U.S. Bronze Rising Star in the category for software revenue of at least $20 million. Red Hat was among only 12 overall U.S. winners chosen from hundreds of manufacturers and publishers who rely on distributors to meet the product and service requirements of technology solution providers nationwide. The GTDC’s 7 th U.S. Rising Star awards were presented in early September in Newport Beach, Calif. The GTDC’s U.S. Gold, Silver and Bronze Rising Star winners were selected based on year-over-year sales growth rates within the NPD Group’s Distributor Track®.

“Red Hat is focused on creating an ecosystem of partners, communities, and customers that through collaboration, creates more relevant and innovative technologies that enterprises can use to meet current and future IT demands,” said Mark Enzweiler, vice president of Global Channel Sales, Red Hat. “We’re honored to be recognized by GTDC for the fourth consecutive year and will continue to improve and increase our channel investments to provide our partners with the tools and resources they need to satisfy and meet their customer needs.”

“Red Hat consistently stands out for generating strong growth through distribution,” said GTDC CEO Tim Curran. “It’s impressive to see tech channel success at the rate Red Hat has driven with their distribution partners – not just over the past year but also over the past several years.”

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