Press Releases

Rimini Street Announces Delivery of 2007-B Tax and Regulatory Updates

3/26/2007

Experienced Tax and Regulatory Team Again Delivers Update Packages Ahead of Competition

LAS VEGAS, March 26, 2007 - Rimini Street, Inc., the leading independent maintenance and support provider for Siebel, PeopleSoft, and JD Edwards (NASDAQ: ORCL) software, today announced delivery of its 2007-B tax and regulatory updates. Like the 2007-A updates delivered Jan. 8, 2007, Rimini Street is delivering 2007-B updates approximately a week ahead of Oracle's planned release date for its tax and regulatory updates.

Rimini Street's tax and regulatory team, with experience delivering more than 500 US and Canadian tax and update packages, works with local, state, and federal government representatives and all major tax and regulatory services to assure the latest tax and regulatory updates are immediately identified, scoped, coded, extensively tested, packaged, and re-verified for accuracy with government agencies to assure the highest quality deliverables and the fastest "legislature-to-live" delivery cycle in the industry. Rimini Street is a member of the American Payroll Association and Canadian Payroll Association.

"Rimini Street has consistently delivered tax and regulatory updates ahead of schedule with quality as good as or better than we had received from PeopleSoft," said Tom O'Brien, City of Flint, Michigan. "The Rimini Street team has extensive experience building and supporting tax and regulatory updates and we are able to rely on them to effectively support our PeopleSoft applications. We couldn't be happier with the support we receive from Rimini Street."

"Rimini Street fields one of the most experienced PeopleSoft tax and regulatory teams in the industry," said Seth Ravin, president & CEO of Rimini Street. "With the combined engineer experience of developing and delivering more than 500 US and Canadian tax and regulatory update packages, Rimini Street clients can rely on and trust Rimini Street for timely and accurate delivery of mission-critical tax and regulatory updates. Today's announcement is just another example of the advanced and innovative service benefits clients receive from Rimini Street while saving more than 50% in annual support costs."

About Rimini Street Inc.

Rimini Street is the leading independent provider of enterprise software support services. The company is redefining the market with an innovative, next-generation support program that enables Siebel, PeopleSoft, and JD Edwards licensees to remain on their current software release without any required upgrades or migrations for ten years or more. 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 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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