Rimini Street Announces Support for Oracle ATG Web Commerce

New product line extends Company’s product support coverage across more of clients’ Oracle landscape

LAS VEGAS, September 22, 2016 Rimini Street, Inc., the leading global provider of independent enterprise software support services for SAP SE's (NYSE:SAP) Business Suite, BusinessObjects and HANA Database software and Oracle Corporation's (NYSE:ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion, Oracle Retail and Oracle Agile PLM software, today announced the availability of maintenance and support for Oracle ATG Web Commerce products. Oracle ATG Web Commerce is one of the primary frameworks for constructing and deploying business-to-business (B2B) and business-to-consumer (B2C) commerce websites across some of the largest organizations in the world across many industries, including the retail, telecommunications and public sector industries. As the 10th Oracle product line supported by Rimini Street, the new ATG Web Commerce product line adds breadth to Rimini Street's robust portfolio of Oracle products. The Company is already successfully providing support to very large, global Oracle ATG Web Commerce licensees.

ATG Web Commerce a Strong Fit for Rimini Street Support

Rimini Street first began offering support to Oracle software licensees in 2005, and has continued to expand its support coverage for additional Oracle products over the years based on strong demand from Oracle licensees around the world.

As a framework for developing commerce solutions, ATG Web Commerce customer solutions are uniquely customized, requiring ongoing support for configuration and integration changes and support for performance tuning. Additionally, most versions of ATG Web Commerce are in Oracle Extended Support or Sustaining Support – providing Oracle Annual Support customers even lower value for expensive maintenance services. ATG 9 transitions from Extended to Sustaining Support in December 2016 and ATG 10 transitions to Sustaining Support in 2018. ATG Web Commerce licensees are in a situation where they have invested a significant amount of resources, time and money into their software implementation, and can now avoid an expensive upgrade and enjoy a more value-driven, responsive and robust support offering with Rimini Street.

An implementation project for the ATG Web Commerce product can typically span anywhere from one to four years, and cost tens of millions of dollars to complete. ATG software license fees are also costly, running in the millions of dollars. By switching from vendor support to Rimini Street support, ATG Web Commerce licensees can achieve 50 percent savings in their annual maintenance fees and continue to operate their commerce systems alongside an evolving technology stack for a minimum of 15 years from contract execution with Rimini Street, with no forced upgrades. Clients are able to re-allocate the funds they’ve saved with Rimini Street support to strategic projects needed by the business to drive innovation, competitive advantage and growth.

Rimini Street Support for Oracle ATG Web Commerce Products

Rimini Street support for Oracle ATG Web Commerce includes, but is not limited to:

  • Oracle ATG 9 release
  • Oracle ATG 10 release
  • Oracle Commerce 11
  • Oracle Commerce Guided Search (Endeca Search) and Experience Manager 11
  • MDEC Engine 6.5

Rimini Street also supports the underlying Oracle Database for ATG Commerce Solutions, along with Oracle Siebel and Oracle Retail products. These are all applications that complement and integrate with Oracle ATG Web Commerce and are popular among ATG licensees.

"The addition of Oracle ATG Web Commerce to our support service portfolio gives even more Oracle licensees the option to switch to and leverage Rimini Street's award-winning support, realize substantial savings and avoid unnecessary upgrades throughout their entire Oracle landscape," said Seth Ravin, Rimini Street CEO. "Rimini Street remains focused on delivering innovative, more relevant and higher value support service solutions to Oracle and SAP licensees around the world, and on creating an opportunity for our clients to re-allocate significant savings to fund strategic programs that help bring more value and growth for their businesses."

To learn more, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.


About Rimini Street, Inc.

Rimini Street, Inc. (Nasdaq: RMNI) is a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner. The Company offers premium, ultra-responsive and integrated application management and support services that enable enterprise software licensees to save significant costs, free up resources for innovation and achieve better business outcomes. Nearly 2,100 Fortune 500, Fortune Global 100, midmarket, public sector and other organizations from a broad range of industries rely on Rimini Street as their trusted application enterprise software products and services provider. To learn more, please visit https://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.

Forward-Looking Statements

Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “may,” “should,” “would,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “seem,” “seek,” “continue,” “future,” “will,” “expect,” “outlook” or other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to: the unknown duration and economic, operational and financial impacts on our business of the COVID-19 pandemic and the actions taken by governmental authorities, clients or others in response to the COVID-19 pandemic; catastrophic events that disrupt our business or that of our current and prospective clients; changes in the business environment in which Rimini Street operates, including inflation and interest rates, and general financial, economic, regulatory and political conditions affecting the industry in which Rimini Street operates; adverse developments in pending litigation or in the government inquiry or any new litigation; our need and ability to raise additional equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth initiatives; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the terms and impact of our outstanding 13.00% Series A Preferred Stock; changes in taxes, laws and regulations; competitive product and pricing activity; difficulties of managing growth profitably; the customer adoption of our recently introduced products and services, including our Application Management Services (AMS), Rimini Street Advanced Database Security, and services for Salesforce Sales Cloud and Service Cloud products, in addition to other products and services we expect to introduce in the near future; the loss of one or more members of Rimini Street’s management team; uncertainty as to the long-term value of Rimini Street’s equity securities; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on May 7, 2020, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.

© 2020 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.

איש קשר ליחסי משקיעים:

Dean Pohl

Rimini Street, Inc.

+1 925 523-7636 dpohl@riministreet.com
איש קשר ליחסי תקשורת:

Melanie Ferdandes

Melanie Ferdandes