Press Releases

Rimini Street Appoints Global Enterprise Software Veteran to Board

11/1/2006

Outside Director Brings Extensive Global Software Support Experience to Company

LAS VEGAS, November 1, 2006 - Rimini Street, Inc., the leading independent maintenance and support provider for Siebel, PeopleSoft, and JD Edwards (NASDAQ: ORCL) software, today announced that Brian J. Slepko has been appointed as an outside director to its Board of Directors. Slepko brings more than 20 years of enterprise software experience to the Board, with more than 10 years focused extensively on enterprise software maintenance and support services.

Slepko currently serves as vice president, global maintenance revenue and sales operations for Agile Software, Inc. (NASDAQ: AGIL). Responsibilities include the global maintenance revenue stream and all operational aspects of the global sales operations organization. Immediately prior to joining Agile, Slepko was vice president, global sales operations for TomorrowNow, Inc., a subsidiary of SAP (NYSE: SAP) where he oversaw all operational aspects of the global sales and marketing teams.

Slepko also held various management positions with PeopleSoft, Inc. (NASDAQ: ORCL), including director of product support, corporate director of problem resolution, and director of operations for the customer sales division that delivered more than $1B in worldwide annual support services revenue. Other responsibilities included leading the effort to redesign and improve the global infrastructure for resolving customer reported product issues and implementing consistent, measurable quality processes.

"Brian is one of the most experienced executives in the enterprise software support services industry, and we are pleased to have him serve on the Rimini Street Board of Directors," said Seth Ravin, president, CEO, and chairman of the board, Rimini Street. "His extensive background in software support will add significant insight to the Board across strategy, service delivery, quality processes and controls, operations, and sales as we continue to accelerate our North American growth and ramp up international expansion."

"The market for alternative enterprise software support programs is continuing to grow, and Rimini Street's next-generation support offering provides enterprise software customers the best value in the market," said Slepko. "Rimini Street offers software customers a proven, vendor-neutral choice of support providers that maximizes the return on their existing software investment, saves them more than 50 percent in annual fees, and protects them from the upgrade and migration pressures and the high support costs of Oracle and SAP during the next decade of technology fluctuation and uncertainty. I look forward to contributing to Rimini Street's accelerating growth and success."

Rimini Street's management team pioneered alternative support in the late 1990's and has designed and delivered alternative support services to more than 100 Fortune 500, mid-market, and public sector organizations using Siebel, PeopleSoft, and JD Edwards products. Rimini Street continues to be the driving force in the alternative maintenance market, offering the most innovative software support program available for enterprise software products, with features that include first-of-its-kind support for client-made application customizations, interoperability and performance -- all at more than a 50 percent savings when compared to Oracle annual maintenance fees.

About Rimini Street, Inc.

Headquartered in Las Vegas with operations throughout North America, 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 © 2006. All rights reserved.

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