Press Releases

Rimini Street Appoints New Senior Executives to Management Team

1/16/2008

Expanded Leadership Team Prepares for International Expansion and Growth

LAS VEGAS, January 16, 2008 - Rimini Street, Inc., the leading independent maintenance and support provider for Siebel, PeopleSoft, and JD Edwards (NASDAQ: ORCL) software, today announced the appointment of Douglas S. Zorn to the role of chief financial officer and Brian J. Slepko to the role of senior vice president, Global Operations. Both roles are part of Rimini Street's strategic expansion plan in preparation for the company's next phase of global growth.

Zorn is a 35 year veteran of finance and executive management in the high-technology sector with broad-based experience navigating high-growth, venture-backed startups and large companies through international expansion, mergers and acquisitions, and IPO's. He is also a certified public accountant with an extensive public company operations and reporting background and is a business builder experienced with most aspects of company operations. Zorn has raised more than $500M in transaction funding.

Most recently, Zorn was a founder and CEO of StarVox Communications, Inc. a business VoIP Telecommunications company that he took public in April of 2007 with $60M in revenues. Prior to StarVox, he was a founder, Chairman and CEO of Appiant Technologies, Inc. a unified communications software company that Zorn took public in 1997. Previously, Zorn was a founder of Monterey Telecommunications Corporation, an OEM wireless switch manufacturer that he sold to Motorola, Inc. in 1994. Zorn also co-founded Centigram Communications Corporation, the world's first PC-based voice messaging company. Centigram had a successful IPO in 1991.

"The market for alternative enterprise software support continues to grow and expand at an accelerating rate, and Rimini Street is well positioned as the fastest growing, most experienced, and most trusted provider of mission-critical support services in the industry," said Zorn. "Rimini Street is focused on the success of its clients with more than 50 percent savings and ultra-responsive service. This is a tremendous value for clients and a huge market opportunity for Rimini Street."

Slepko is a senior sales and operations executive with more than 18 years of enterprise software experience and will lead Rimini Street's continued fast-paced growth and expansion in global operations. Slepko previously was with Oracle Corporation, which he joined as part of the Oracle acquisition of Agile Software. Slepko served as vice president, Global Maintenance Revenue and Sales Operations for Agile Software, responsible for the $56M global maintenance revenue business, including all operational aspects of the Agile global sales organization.

Immediately prior to joining Agile, Slepko served as vice president, Global Sales Operations for TomorrowNow, Inc., a subsidiary of SAP (NYSE:SAP) and held various management positions with PeopleSoft, Inc., including director of operations for the Customer Sales Division, responsible for more than $1B in global annual maintenance revenue.
"Rimini Street offers software customers an innovative, next-generation support program with more than 50 percent savings in annual support fees, without the need for them to perform costly upgrades," said Slepko. "Customer demand for Rimini Street Support Services is now global, and I look forward to expanding Rimini Street's offerings and capabilities to meet the needs of organizations around the world."

"Rimini Street is committed to delivering the highest quality service and best support value available in the enterprise software market," said Seth Ravin, president and CEO, Rimini Street. "The addition of highly experienced industry leaders such as Brian and Doug represent the next phase of our strategic hiring and growth plan to keep pace with surging global demand."

About Rimini Street, Inc.

Rimini Street is the leading independent provider of enterprise software support services. The company is redefining enterprise support services with an innovative, next-generation program that enables Siebel, PeopleSoft, and JD Edwards licensees to remain on their current software release without any required upgrades or migrations through 2020 and beyond. In addition to a higher service-level commitment, Rimini Street provides customers with an average savings of more than 50 percent in annual support fees when compared to Oracle. To learn more, please visit http://www.riministreet.com or call (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 © 2007. All rights reserved.

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