Indian eCommerce Leader Adopts Red Hat Enterprise
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Indian eCommerce Leader Adopts Red Hat Enterprise Virtualization

Indian eCommerce Leader Adopts Red Hat Enterprise Virtualization
Tuesday August 31, 2010 18:51:51

RALEIGH, N.C--Red Hat, Inc. NYSE: RHT, the world's leading provider of open source solutions, today announced that Euronet Service India Pvt. Limited Euronet is powering its IT infrastructure, including its business-critical Card Management System application, on Red Hat Enterprise Virtualization and Red Hat Enterprise Linux. After migrating from Microsoft Windows to the combined Red Hat solution, Euronet has achieved increased flexibility, decreased hardware and power costs, reduced system maintenance needs and increased scalability and performance with its virtualized infrastructure.

“Implementation of Red Hat Enterprise Linux was one of the key milestones in our IT infrastructure and it was the first time that Euronet was implementing an open source solution”

Euronet is a global provider of electronic payment and transaction processing solutions for financial institutions, retailers, service providers and individual consumers. It facilitates the movement of payments around the world and serves as a critical link between its partners, including financial institutions, retailers and service providers, and their end customers, both locally and globally. Founded in 1994, Euronet has established itself as one of the leading electronic payment providers. Serving customers across 46 countries, Euronet handles critical ATM networks across the globe.

With a growing business and increased demands on its IT infrastructure, Euronet was experiencing uncontrolled growth of the physical servers that handle its mission-critical systems. This was in turn leading to increased costs for physical space, energy and other utilities. Having faced issues with its Microsoft Windows-based systems, the company decided to consolidate its datacenter using virtualization technology and planned to migrate to an open source platform to address the licensing issues it had faced with proprietary alternatives.

After a successful pilot, with the help of Red Hat partner Taashee, Euronet deployed the Red Hat Enterprise Linux operating platform. “Implementation of Red Hat Enterprise Linux was one of the key milestones in our IT infrastructure and it was the first time that Euronet was implementing an open source solution,” said Ashish Mehta, director, IT and Infrastructure for Asia Pacific and Middle East at Euronet. “After we established Red Hat Enterprise Linux as our operating system of choice, we began investigating virtualization solutions to help us consolidate our datacenter.”

After evaluating a variety of industry virtualization solutions for flexibility, scalability, cost, security and performance benefits, Euronet selected Red Hat Enterprise Virtualization as its platform of choice.

“It was a natural evolution for our technology partnership with Red Hat to expand on our use of Red Hat Enterprise Linux with the adoption of Red Hat Enterprise Virtualization. Red Hat Enterprise Virtualization has all of the benefits that we desired in a virtualization solution,” said Mehta. “After deploying the Red Hat virtualization solution for our Card Management System, we benefited from faster performance. We also experienced simpler management of our systems with Red Hat Enterprise Virtualization's live migration and system scheduler features. On top of that, the wide ecosystem shared between Red Hat Enterprise Linux and Red Hat Enterprise Virtualization offered us more choice and flexibility for our systems.”

Red Hat Enterprise Virtualization has also helped Euronet's business become more agile with improved server utilization that has translated into reduced hardware and power costs.

“We encourage other businesses to take a look at Red Hat Enterprise Virtualization,” said Mehta. “We expect Red Hat Enterprise Virtualization to be evaluated as we build our plans to deploy a private cloud as our IT infrastructure evolves.”

To read the full Euronet case study, visit www.customers.redhat.com.

For more news about Red Hat, visit www.redhat.com. For more news, more often, visit www.press.redhat.com.

About Red Hat, Inc.

Red Hat, the world's leading provider of open source solutions and an S&P 500 company, is headquartered in Raleigh, NC with over 65 offices spanning the globe. CIOs ranked Red Hat as one of the top vendors delivering value in Enterprise Software for six consecutive years in the CIO Insight Magazine Vendor Value survey. Red Hat provides high-quality, affordable technology with its operating system platform, Red Hat Enterprise Linux, together with virtualization, applications, management and Services Oriented Architecture SOA solutions, including Red Hat Enterprise Virtualization and JBoss Enterprise Middleware. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: http://www.redhat.com.

Forward-Looking Statements

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 delays or reductions in information technology spending, the integration of acquisitions and the ability to market successfully acquired technologies and products; the ability of the Company to effectively compete; 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; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company's growth and international operations; fluctuations in exchange rates; uncertainty and adverse results in litigation and related settlements, and changes in and a dependence on key personnel, as well as other factors contained in our most recent Quarterly Report on Form 10-Q 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 conditions, and governmental and public policy changes. 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 the press release.

© 2010 Red Hat, Inc. Red Hat, the Shadowman logo and JBoss are registered trademarks of Red Hat, Inc. in the U.S. and other countries. Linux is a registered trademark of Linus Torvalds.





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