Tuesday, September 22, 2020

Rimini Street Wins Gold Stevie® Awards for Company of the Year and Employer of the Year

  Company recognized for excellence in client service, innovative AI support platform and inventive employee engagement initiatives




LAS VEGAS -Friday 18 September 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced it has been named a Gold Stevie® International Business Award (IBA) winner for “Company of the Year – Computer Services” and a Gold Stevie® Great Employer Award winner for “Employer of the Year – Computer Services.” Rimini Street was also recognized with a Gold Stevie IBA award for “Innovation of the Year – Business Services” and a Stevie IBA for “Corporate Social Responsibility Program of the Year.”

Significant Growth And Exceptional Service Delivery Achievements

Rimini Street garnered the Gold Stevie award for “Company of the Year – Computer Services” in the International Business awards program for its strong financial performance and excellence in client service through 2019, including new product and service offerings, global workforce expansion and the Company’s full-year revenue growth.

Rimini Street’s AI Support Applications platform, developed by the company’s Global Service Delivery Innovation Team, was honored with a Gold Stevie IBA for “Innovation of the Year – Business Services.” The Company’s patent-pending artificial intelligence and machine-learning platform – the first of its kind in the third-party enterprise software support industry – was built to drive excellence and a better support experience for Rimini Street clients, and ensure global service delivery outcomes at scale.

Rimini Street was also recognized with a Gold Stevie in the Great Employer Awards for “Employer of the Year – Computer Services” for the expansion of its global workforce, the development of new leadership training, its talent management program and employee engagement initiatives. With a global workforce of more than 1,300 employees and operations in 20 countries, Rimini Street continues to recruit, hire and develop top talent across the enterprise software support industry.

Corporate Social Responsibility Program of The Year Award

The Rimini Street Foundation was also recognized with a Stevie IBA for Corporate Social Responsibility Program of the Year for its “The More We Grow, the More We Can Give” program. The Foundation’s mission is to share the Company’s success by investing back into the communities where Rimini Street operates with in-kind donations, employee time and financial donations. In 2020, the Foundation has increased its emergency financial assistance to help communities cope with additional challenges brought about by the global pandemic.

“We are humbled and honored to be recognized by the Stevie Awards for Rimini Street’s passionate commitment to delivering an excellent support experience for our clients, as well as for our innovation, growth performance, employee engagement initiatives and the work of the Rimini Street Foundation in supporting humankind,” said Seth A. Ravin, Rimini Street CEO. “We continue to raise the bar on what the industry should expect from their enterprise software support provider, and to date, more than 3,500 clients, including 175 Fortune 500 and Global 100 organizations, have benefitted from our unique model and best in class support experience.”

About Rimini Street, Inc.

Rimini Street, Inc. (Nasdaq: RMNI) is a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner. The Company offers premium, ultra-responsive and integrated application management and support services that enable enterprise software licensees to save significant costs, free up resources for innovation and achieve better business outcomes. Over 2,100 Fortune 500, Fortune Global 100, midmarket, public sector and other organizations from a broad range of industries rely on Rimini Street as their trusted application enterprise software products and services provider. To learn more, please visit http://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.

Forward-Looking Statements

Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “may,” “should,” “would,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “seem,” “seek,” “continue,” “future,” “will,” “expect,” “outlook” or other similar words, phrases or expressions. All statements pertaining to Rimini Street’s expectations regarding the expected use of proceeds from the offering described in this press release constitute forward-looking statements. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, the duration of and economic, operational and financial impacts on Rimini Street’s business of the COVID-19 pandemic, as well as the actions taken by governmental authorities, clients or others in response to the COVID-19 pandemic; catastrophic events that disrupt Rimini Street’s business or that of its current and prospective clients, changes in the business environment in which Rimini Street operates, including inflation and interest rates, and general financial, economic, regulatory and political conditions affecting the industry in which Rimini Street operates; adverse developments in pending litigation or in the government inquiry or any new litigation; Rimini Street’s need and ability to raise additional equity or debt financing on favorable terms and Rimini Street’s ability to generate cash flows from operations to help fund increased investment in Rimini Street’s growth initiatives; the sufficiency of Rimini Street’s cash and cash equivalents to meet its liquidity requirements; the terms and impact of Rimini Street’s outstanding 13.00% Series A Preferred Stock; changes in taxes, laws and regulations; competitive product and pricing activity; difficulties of managing growth profitably; the customer adoption of Rimini Street’s recently introduced products and services, including its Application Management Services (AMS), Rimini Street Advanced Database Security, and services for Salesforce Sales Cloud and Service Cloud products, in addition to other products and services Rimini Street expects to introduce in the near future; the loss of one or more members of Rimini Street’s management team; uncertainty as to the long-term value of Rimini Street’s equity securities; and those risks discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on August 5, 2020 and in the prospectus supplement dated August 14, 2020 relating to the underwritten public offering of Rimini Street’s common stock that closed on August 18, 2020 and as updated from time to time by other filings by Rimini Street with the Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.

© 2020 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200916005310/en/

Contacts

Michelle McGlocklin
Rimini Street, Inc.
+1 925 523-8414
mmcglocklin@riministreet.com



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