Press Releases

Rimini Street Announces Delivery of 2010-A Tax, Legal, and Regulatory Updates for North America

1/11/2010

Delivery of North America Updates Follows Recent Delivery of Global Payroll Updates

Las Vegas, January 11, 2010 - Rimini Street, Inc., the leading third-party maintenance and support provider for enterprise software, including Oracle Corporation's (NASDAQ: ORCL) for Siebel, PeopleSoft, and JD Edwards software, and SAP AG (NYSE:SAP) software, today announced delivery of its 2010-A Update containing critical tax, legal, and regulatory updates for North America. Like all previous tax, legal, and regulatory updates, Rimini Street provided the update ahead of the software vendor's own planned release date for its equivalent update.

The 2010-A Update contains numerous required changes to state taxes, local taxes, garnishment processing, taxable unemployment insurance wage base figures, W-2 electronic filing, as well as last-minute tax and regulatory changes that were enacted by state and local governments very late in 2009 that took effect immediately on January 1, 2010. The 2010-A Update for North America follows Rimini Street's recent delivery of global payroll updates in December of 2009.

"Rimini Street consistently provides high quality tax and regulatory updates ahead of schedule accompanied with ultra-responsive support," said Kate Stryker, director of HRIS, Saint Barnabas Health Care System. "The Rimini Street team has years of proven experience delivering tax and regulatory updates and we rely on them to ensure the compliance of our mission-critical software applications. We are extremely pleased with Rimini Street's responsive service, high quality of support, and overall dedication to our success."

Rimini Street's tax, legal, and regulatory strategy and scoping team works with government organizations, secondary sources, and tertiary sources to ensure the latest tax and regulatory updates for more than 100 countries are immediately identified, analyzed, and scoped for development as needed. The Rimini Street development and quality assurance teams then code, extensively test, package, and re-verify updates as necessary for accuracy with government agencies. This proven methodology consistently assures the fastest "legislature-to-live"SM update delivery cycle and highest quality deliverables in the industry.

"Rimini Street strives to deliver the highest quality tax, legal, and regulatory updates to our global clients," said Brian Slepko, senior vice president, global operations, Rimini Street. "Our clients rely on our tax, legal, and regulatory updates to run their mission-critical systems. Rimini Street is committed to providing exceptional service and outstanding value to the hundreds of clients that place their trust in us for accurate processing of billions of dollars and euros in transactions across more than 100 supported countries."

About Rimini Street, Inc.

Rimini Street is the leading third-party provider of enterprise software support services. The company is redefining enterprise support services with an innovative, award-winning program that enables Siebel, PeopleSoft, JD Edwards, and SAP licensees to save at least 50% in annual support fees and to remain on their current software release without any required upgrades or migrations through 2020 and beyond. Hundreds of Global, Fortune 500, midmarket, and public sector organizations from virtually all industries have selected Rimini Street as their trusted, software vendor independent support provider. To learn more, please visit http://www.riministreet.com or call within the USA (888) 870-9692 or internationally +1 (702) 839-9671.

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Rimini Street and the Rimini Street logo are trademarks of Rimini Street, Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2010. All rights reserved.

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