Rimini Street Expands and Increases Investment in Japan with New Osaka Office

Strong, growing demand for Rimini Street support in Japan; 55 clients already supported

LAS VEGAS, February 23, 2016Rimini Street, Inc., the leading global independent provider of enterprise software support services for SAP SE’s (NYSE:SAP) Business Suite and BusinessObjects 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, today announced the opening of its new office in Osaka, representing a significant milestone in Nihon Rimini Street’s planned next phase (Phase III) of growth which includes an expanded presence and capability in Western Japan. Nihon Rimini Street already has a strong and growing presence in the Tokyo area, where the Company’s Japan headquarters are based. With the addition of its new office located in Osaka, the Company will bring sales and support resources closer to key business regions including Chubu, Kansai, Chugoku, Shikoku, Kyushu and Okinawa, and be better able to service the rising demand for Rimini Street’s premium Oracle and SAP support in Western Japan.

“We needed to find a sustainable solution for cutting IT expenditure in order to free up funds for more strategic business projects, and as our current service was not delivering the quality and value we required, we decided to switch to independent support with Rimini Street,” said Ms. Tomoko Horikawa, managing director, Chugoku Mokuzai Co., Ltd, a company based in Western Japan. “Rimini Street not only cut our maintenance fees in half, but it will provide maintenance and support for our SAP platform for up to 15 years, and support for our customizations at no extra cost. Furthermore, the company’s quick response time for high priority cases has ensured our complete satisfaction and confidence.”

Continued Strong Momentum and Growth in Japan

Nihon Rimini Street, K.K., a wholly owned subsidiary of Rimini Street, Inc., opened its Tokyo headquarters in March 2014. The Tokyo office includes support, sales, marketing, finance, legal and administration. The Company has based additional support and sales staff in the new Osaka office, and plans to expand Japan operations significantly in the coming years. Rimini Street already supports 55 clients with operations in Japan, including Pioneer Corporation, Kumagai Gumi Co., Ltd., CAC Corporation, Nishimatsu Construction Co., Ltd., Chugoku Mokuzai Co., Ltd. and CMK Corporation.

“The need to cut ERP operating costs and find ways to fund new IT innovation projects remains very high in Japan, and Rimini Street is best positioned to help organizations meet both objectives,” said Yorio Wakisaka, country manager, Nihon Rimini Street. “With our new office in Osaka and expanded operations in Japan, we are better able to engage with and support organizations across Japan who want to significantly cut their maintenance spend – an amount which can represent a large percentage of their overall IT budget. By switching to Rimini Street support, these organizations will get a premium maintenance offering with services such as support for all customizations at no additional fee, hyper-responsive service level commitments, operating cost savings of up to 90 percent, and the option to invest the labor and cost savings back into the business and drive new IT projects.”

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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. To date, more than 3,500 Fortune 500, Fortune Global 100, midmarket, public sector and other organizations from a broad range of industries have relied 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 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 duration of and economic, operational and financial impacts on Rimini Street’s business of the COVID-19 pandemic, as well as the actions taken by governmental authorities, clients or others in response to the COVID-19 pandemic; catastrophic events that disrupt Rimini Street’s business or that of its 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; Rimini Street’s need and ability to raise additional equity or debt financing on favorable terms and Rimini Street’s ability to generate cash flows from operations to help fund increased investment in Rimini Street’s growth initiatives; the sufficiency of Rimini Street’s cash and cash equivalents to meet its liquidity requirements; the terms and impact of Rimini Street’s 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 Rimini Street’s recently introduced products and services, including its 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 Rimini Street expects 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 risks discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on August 5, 2020 and as updated from time to time by 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.

Investor relations contact:

Dean Pohl

Rimini Street, Inc.

+1 925-523-7636 dpohl@riministreet.com
Media relations contact:

Janet Ravin

Rimini Street, Inc.

+1 702-285-3532 pr@riministreet.com