Rimini Street Named a Finalist for 2012 Red Herring 100 Global Award
Award Recognizes Company's Success Worldwide as Leading Third-Party Software Support Provider
LAS VEGAS - November 28, 2012 - Rimini Street, Inc., the leading third-party maintenance and support provider for enterprise software, including SAP AG (NYSE:SAP) software and Oracle Corporation's (NASDAQ: ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database and Hyperion software, today announced that it has been selected as a candidate for Red Herring's 2012 Top 100 Global award, a prestigious recognition honoring Rimini Street as the leading global provider of enterprise software support services in the industry. Rimini Street also was selected as a Red Herring Top 100 Americas 2012 winner earlier this year.
The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from more than 1,000 companies from 40+ nations. These companies, representing past Red Herring Asia, Europe and North America awards, are judged on a range of qualitative and quantitative metrics, including but not limited to, technology innovation, financial performance, growth criterion, management's execution standards, potential globalization of the strategy and market share improvement.
"Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments," stated Alex Vieux, Chairman of Red Herring. "2012 has confirmed the sector's vibrant activity and its resilience to widespread economic problems. An unprecedented number of entrepreneurs are attempting to jump ahead of the competition and aspire to make a difference. Breakthroughs obsolete each other faster than ever before. Rimini Street has performed exceptionally in its field and strongly deserves to be singled out as one of the Red Herring Global Finalists. At this stage, we are left with the daunting task to select the best qualified companies for the 2012 Top 100 Global Award."
"Rimini Street is proud and humbled to be selected as a Red Herring Global 100 finalist. We are singularly focused on meeting the needs of Oracle and SAP licensees around the world with an innovative, award-winning service model that is delivering ultra-responsive, concierge-level support to more than 525 clients, including 61 of the Fortune 500 and 15 of the Global 100 across more than 70 countries," said Seth Ravin, Rimini Street CEO. "In addition to leading the market with unique and valuable services like full support for customizations at no additional annual fees, Rimini Street is also saving its clients up to 90 percent in total cost of maintenance."
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, award-winning program that enables Oracle and SAP licensees to save up to 90 percent on total support costs over a decade, including saving 50 percent on annual support fees. Clients can remain on their current software release without any required upgrades or migrations for at least 10 years. Hundreds of global, Fortune 500, midmarket, and public sector organizations from virtually all industries have selected Rimini Street as their trusted, independent support provider. To learn more, please visit www.riministreet.com or call within the USA 888-870-9692 or internationally 702-839-9671.
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