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To: jetcityrandy who wrote (86524)8/3/1999 12:47:00 AM
From: Joey Smith  Read Replies (1) | Respond to of 186894
 
re: help me here

John Lazlo, semiconductor analyst at PaineWebber.

joey



To: jetcityrandy who wrote (86524)8/3/1999 11:01:00 AM
From: greenspirit  Respond to of 186894
 
Randy and all, Article... SGI and Red Hat Bring Linux to the Enterprise Marketplace...

August 3, 1999

MOUNTAIN VIEW, Calif. and DURHAM, N.C., Aug. 2 /PRNewswire/ -- SGI (NYSE: SGI) and Red Hat, Inc. today jointly announced that the companies have entered into an agreement to provide Red Hat(R) Linux(R) on SGI's products based on the Intel(R) microprocessor architecture. Under this license, SGI will install and distribute the SGI(TM) Linux(R) Environment with Red Hat Linux on a number of the company's new and future products.

The strategic alliance between SGI and Red Hat will ensure compatibility and reliability with all software written for the Linux(R) operating system, giving SGI's customers powerful enterprise computing solutions. SGI's expertise in system performance and customer support, together with Red Hat, will help make Linux a success in the corporate marketplace.

"SGI has a long history of contributing innovation and technology to the open source community," said Bob Young, co-founder and CEO of Red Hat. "Together SGI and Red Hat will be able to expand Linux into enterprise markets with powerful and reliable solutions."

"Our agreement with Red Hat will make Linux a robust, enterprise-class operating system giving SGI's customers the most reliable and scalable Linux solutions in the industry," said John R. "Beau" Vrolyk, senior vice president, Computer Systems Business Unit, SGI. "We are focused on delivering the best Linux product to our customers, beginning with today's introduction of the SGI 1400L. SGI is committed to Linux and is contributing the company's technical leadership to the open source community with features such as improved multi-processing and journaling file systems."

The Linux operating system is inherently stable and secure and can be used for a variety of purposes, including networking, software development and as an end-user platform. The reliability and price performance of Linux is being proven in today's IT departments for Web serving, file and print serving, database serving and software development. According to IDC, one in six servers now ships with Linux and the operating system is used by more than 15 million people. Linux is a cooperatively developed POSIX-oriented, multi-user, multi-tasking, open source operating system.

This news release contains forward-looking statements regarding the strategic relationship between SGI and Red Hat Software and the development and production of SGI products incorporating Red Hat Linux which are subject to risks and uncertainties that could cause actual results to differ materially from those described in such statements. The reader is cautioned not to rely unduly on these forward-looking statements, which are not a guarantee of future performance. Such risks and uncertainties include the timely development, introduction and release of SGI's products incorporating Red Hat Linux, acceptance of Linux and Linux-based products by the markets and customers, the future performance of SGI's Linux-based products, SGI's dependence upon partners, the impact of competitive markets, products and pricing, the ability of SGI to manage a complex set of engineering, marketing and distribution relationships, and other risks detailed from time to time in SGI's most recent SEC reports on Form 10-Q and Form 10-K.

About Red Hat Software

Founded in 1994, Red Hat Software is based in Research Triangle Park, N.C., where it is a leader in the development of open source operating software solutions. Red Hat Development builds the most accessible and advanced operating system available anywhere with technical innovations such as RPM and the disk druid installation tool. Red Hat Linux is available for Intel, Compaq(R) Alpha(TM) and Sun(R) SPARC(R) platforms.

About SGI

SGI is a market leader in technical computing, offering the world's most powerful servers, supercomputers and visual workstations. SGI uniquely provides a broad range of high-performance computing and advanced graphics solutions that enable customers to understand and conquer their toughest computing problems. Headquartered in Mountain View, Calif., with offices worldwide, the company is located on the Web at www.sgi.com.

NOTE: SGI, and the SGI logo are trademarks of Silicon Graphics, Inc. Linux is a registered trademark of Linus Torvalds. Red Hat is a registered trademark of Red Hat, Inc. Intel is a registered trademark of Intel Corporation. Sun is a registered trademark of Sun Microsystems, Inc. All SPARC trademarks are used under license and are trademarks of SPARC International, Inc. in the United States and other countries. Products bearing SPARC trademarks are based on architecture developed by Sun Microsystems, Inc. All other trademarks mentioned herein are the property of their respective owners.