Press Releases

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

6/11/2007

Rimini Street Clients Benefit from Industry's Fastest Legislature-to-Live Delivery Cycle

LAS VEGAS June 11, 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-C tax and regulatory updates. Like all previously delivered tax and regulatory updates, Rimini Street is delivering its 2007-C updates for PeopleSoft products approximately a week ahead of Oracle's own planned release date for its equivalent tax and regulatory updates.

Rimini Street's tax and regulatory team, with experience delivering more than 600 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" update delivery cycle in the industry. Rimini Street is a member of the American Payroll Association and Canadian Payroll Association.

"Rimini Street continues to lead the industry with high-quality, accurate PeopleSoft tax and regulatory updates delivered as quickly as possible after legislative approval," said Beth Lester, vice president, PeopleSoft Support Services. "Today's set of critical updates, in addition to other changes, lays the foundation for far-reaching Federal minimum wage changes and mandatory new EEO reporting requirements for US payroll and human resources operations, respectively. This update also includes mandatory tax processing updates for Canadian payroll operations. Rimini Street clients can rely on and trust Rimini Street to deliver mission-critical tax and regulatory updates for their PeopleSoft 7.0 through 9.0 releases through 2015 and beyond."

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 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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