Press Releases

Rimini Street Announces Delivery of 2009 Tax and Regulatory-C Updates

6/8/2009

Company's Fast Response to Dynamic Tax Changes Ensures Clients Remain Compliant

Las Vegas, June 8, 2009 - 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 Tax Update 2009-C containing critical tax and regulatory updates. Like all previously delivered tax and regulatory updates, Rimini Street delivered its 2009-C updates ahead of Oracle's own planned release date for its equivalent tax and regulatory updates.

The 2009-C update includes U.S. federal and state minimum wage rate changes, various state withholding tax updates, revised garnishment calculations, Canadian provincial tax rate changes, and other vital U.S. and Canadian updates. As many government entities look to generate additional revenue through new and modified taxes, Rimini Street has acted swiftly to ensure that clients remain compliant, delivering relevant tax and regulatory updates to clients soon after the tax changes were enacted.

Rimini Street is a member of the American Payroll Association and Canadian Payroll Association, and its tax and regulatory team works with local, state, provincial, 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. This results in the highest quality deliverables and the fastest "legislature-to-live"SM update delivery cycle in the industry.

"As government entities enact tax code revisions to cope with rising budget deficits, the ability to apply these updates and comply with the changes in a timely manner is critical," said Brian Slepko, senior vice president, global operations, Rimini Street. "With our diligent approach to tax and regulatory changes, the Rimini Street support team ensures that prompt, accurate tax and regulatory updates keep our clients in compliance with all relevant tax and regulatory guidelines. Our commitment to excellence and track-record of delivery in this area is a major reason why hundreds of clients, including 9 of the world's 100 largest companies, turn to Rimini Street for support of their mission-critical enterprise applications."

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, next-generation 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. Global, Fortune 500, mid-market, and public sector organizations from nearly 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 (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 © 2009. All rights reserved.

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