Press Releases

Rimini Street Announces Global Delivery of 2011-B Tax, Legal and Regulatory Update

3/21/2011

Industry Leading Team Provides Fastest "Legislature-to-Live" SM Update Delivery Cycle; Clients Receive Updates Ahead of Software Vendors' Planned Release Dates

LAS VEGAS, March 21 , 2011 - Rimini Street, Inc., the leading third-party maintenance and support provider for enterprise software, including Oracle Corporation's (NASDAQ: ORCL) Siebel, PeopleSoft, JD Edwards, and E-Business Suite software, and SAP AG (NYSE:SAP) software, today announced delivery of its Tax, Legal and Regulatory Update 2011-B containing critical tax, legal and regulatory updates for the U.S. and Canada. Like all previous tax, legal and regulatory updates, Rimini Street provided the update ahead of the software vendors' own planned release dates for equivalent updates.

The 2011-B Update contains numerous payroll tax changes for U.S., U.S. territory and Canadian clients that will keep them in compliance with all applicable tax, legal and regulatory requirements. Update 2011-B also contains previously released updates to assist clients in completing their 2010 year-end processing, including updates to W-2 and electronic filing. At the U.S. state and local levels, the update includes changes to withholding tables, unemployment insurance taxable wage base figures and garnishments for several states including Illinois, Kentucky, Ohio, Pennsylvania and West Virginia.

Rimini Street's tax, legal, and regulatory strategy and scoping team works with government organizations, secondary, 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 has assisted hundreds of global, Fortune 500, midmarket and public sector clients accurately process billions of dollars of mission-critical transactions using our timely and comprehensive tax, legal and regulatory updates," said Brian Slepko, senior vice president, global operations, Rimini Street. "With experience delivering more than 10,000 tax, legal and regulatory updates to date and the capability to deliver tax, legal and regulatory updates to more than 190 countries, Rimini Street is committed to providing clients with the highest quality deliverables and the fastest ‘legislature-to-live' update delivery cycle in the industry."

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 Oracle and SAP licensees to save at least 50 percent in annual support fees and save up to 90 percent in total support costs over a decade. Clients can remain on their current software release without any required upgrades or migrations for at least ten years. Hundreds of global, Fortune 500, midmarket, and public sector organizations from virtually all industries have selected Rimini Street as their trusted, 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 © 2011. All rights reserved.

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