Press Releases

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

8/15/2007

Rimini Street Delivers High Quality North American Updates Ahead of Competitors

LAS VEGAS, August 15, 2007 - Rimini Street, Inc., the leading independent maintenance and support provider for Siebel, PeopleSoft, and JD Edwards (NASDAQ: ORCL) software, today announced that it completed delivery of Tax Update 2007-D on Monday, August 13th. Like all previously delivered tax and regulatory updates, Rimini Street delivered its 2007-D updates for PeopleSoft products approximately a week ahead of Oracle's own planned release date for its equivalent tax and regulatory updates.

Recent tax and regulatory updates from Rimini Street also include far-reaching Federal minimum wage changes and mandatory new Equal Employment Opportunity (EEO) reporting requirements for US payroll and human resources operations, respectively. 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"SM update delivery cycle in the industry. Rimini Street is a member of the American Payroll Association and Canadian Payroll Association.

"Rimini Street fields one of the most experienced tax and regulatory teams in the industry," said Beth Lester, vice president, PeopleSoft Support Services. "We lead the industry with high-quality, accurate PeopleSoft tax and regulatory updates delivered as quickly as possible after legislative approval. Rimini Street clients can rely on and trust Rimini Street to deliver the mission-critical tax and regulatory updates they need to keep their current software releases through 2020 and beyond."

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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