Press Releases

Rimini Street Announces Delivery of Tax and Regulatory Updates for 2007

12/8/2006

Tax and Regulatory Team Has Experience Delivering More Than 500 Update Packages for PeopleSoft Products

LAS VEGAS (December 8, 2006) - Rimini Street, Inc., the leading independent maintenance and support provider for Siebel, PeopleSoft, and JD Edwards (NASDAQ: ORCL) software, today announced delivery of its 2006 year-end processing package and required tax and regulatory updates for 2007. The tax year 2007 updates were delivered on Thursday, December 7th, ahead of Oracle's planned tax and regulatory release date.

Rimini Street's tax and regulatory team for PeopleSoft products 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" delivery cycle in the industry.

"With a combined engineering experience of developing and delivering more than 500 tax and regulatory update packages for PeopleSoft products, Rimini Street fields one of the most experienced PeopleSoft tax and regulatory teams in the industry," said Beth Lester, vice president, PeopleSoft Support Services. "Rimini Street clients can rely on and trust Rimini Street for timely and accurate delivery of mission-critical tax and regulatory updates."

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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