Press Releases

Rimini Street Names Veteran JD Edwards Executive Ray Grigsby as Vice President of Global Support Services Delivery for JD Edwards Software Products

9/28/2009

Rimini Street Continues Expansion of its JD Edwards Support Services Globally Following 400 Percent Year-over-Year Growth of its JD Edwards Client Base

Las Vegas, September 28, 2009 - Rimini Street, Inc., the leading third-party maintenance and support provider for enterprise software, including Oracle Corporation's (NASDAQ: ORCL) Siebel, PeopleSoft, and JD Edwards software, and SAP AG (NYSE:SAP) software, today announced the appointment of Ray Grigsby, an 18-year JD Edwards & Company veteran, as vice president, JD Edwards Support Services. In this role, Grigsby is responsible for building and managing the delivery of all JD Edwards support services for Rimini Street clients and will oversee the continued global expansion of Rimini Street's third-party support program for JD Edwards' licensees.

Grigsby is a 26-year enterprise software industry veteran who spent more than 18 years in wide-ranging roles and responsibilities with software vendor JD Edwards & Company. Grigsby began his career at JD Edwards as a programmer/analyst, and later in his career at JD Edwards Grigsby was the executive overseeing the implementation, upgrade, and support of a full range of World and OneWorld (EnterpriseOne) releases for the largest and most complex domestic and global implementations. Most recently, Grigsby has been providing strategic guidance to executives of companies using Oracle's JD Edwards software.

"As a proven, stable enterprise software platform that can provide reliable service for many, many more years, JD Edwards products are ideally suited for the value delivered by Rimini Street's third-party support," said Grigsby. "Rimini Street offers incredible value with its proven ultra-responsive support and innovative services such as support for customizations, interoperability and performance tuning that are not part of the software vendor's standard support program. With more than a 400 percent year-over-year increase in our JD Edwards client base and a renewal rate over 90 percent, I'm excited to be at Rimini Street and look forward to leading the continued, aggressive global expansion of our very successful support program for our JD Edwards clients."

"We are pleased to have Ray join our executive team and lead the continued global expansion of our support program for JD Edwards products," said Seth Ravin, president and CEO, Rimini Street. "Rimini Street has committed millions of additional dollars to the expansion of our JD Edwards service line globally, and Ray will aggressively grow and lead an exceptional team of JD Edwards engineers who bring an average of 15 years of JD Edwards experience to our clients. We are committed to providing the highest quality and most responsive JD Edwards support services to clients around the world, while helping them immediately cut their annual support costs by at least 50 percent."

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. Hundreds of 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.

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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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