Press Releases

Rimini Street Announces Delivery of 2008-F Tax and Regulatory Updates

12/5/2008

Clients Rely on Proven Track Record of High-Quality Updates Delivered Ahead of Competition

Las Vegas, December 5, 2008 - 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, today announced delivery of its Tax Update 2008-F containing critical tax and regulatory updates. Like all previously delivered tax and regulatory updates, Rimini Street delivered its 2008-F updates for PeopleSoft products ahead of Oracle's own planned release date for its equivalent tax and regulatory updates.

"Brazoria County is extremely pleased with the quality and timeliness of the tax and regulatory updates we receive from Rimini Street," said Gene Wittneben, Director - Information Systems, Brazoria County, Texas. "We wanted a better value for our annual support fees and Rimini Street provides more responsive service, over 50% in annual support cost savings, and the high-quality tax and regulatory updates we need to keep our system current and compliant. We couldn't be happier with the support we receive from Rimini Street."

Tax Update 2008-F includes Earned Income Credit, Social Security, minimum wage, and tax rate modifications, state-specific regulatory changes, and numerous additional critical updates. Rimini Street's 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 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.

"Tax and regulatory updates are a mission-critical component of our overall service delivery," said Brian Slepko, senior vice president, global operations, Rimini Street. "Our team has a combined engineering experience of delivering more than 1,000 tax and regulatory update packages over the years for PeopleSoft products and is committed to ensuring our clients receive the timely and accurate tax and regulatory updates they need to process billions of dollars in transactions."

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 (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 © 2008. All rights reserved.

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