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Rimini Street Expands Las Vegas Worldwide Headquarters and Workforce

New “Phase II” facility expansion will seat 60 new hires to support rapid global growth

LAS VEGAS, August 6, 2015Rimini 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 and Oracle Retail, today announced the opening of its next phase (Phase II) expansion of the Company’s worldwide headquarters in Las Vegas, and the posting of 60 new jobs to staff this expansion located in the Hughes Center. The new staff positions include roles in finance, IT, legal, marketing, facilities, administration and software engineering, and will support Rimini Street’s rapid global growth.

Founded in Las Vegas in 2005, Rimini Street now has more than 600 employees and has signed more than 1,000 clients – including over 100 Fortune 500 and Global Fortune 100 organizations. The Company has achieved more than US$100 million in annual revenue with 38 fiscal quarters of consecutive growth. Rimini Street serves clients in more than 90 countries, with global operations in Brazil, UK, Germany, India, Israel, Australia, Japan and China.

Rimini Street will commemorate the expansion with a gala ribbon-cutting ceremony and cocktail party tonight. Scheduled guests include government representatives, community leaders, Las Vegas Metro Chamber of Commerce President & CEO Kristin McMillan, and Las Vegas Rotary President, Mary Ann Avnet.

“Las Vegas is gaining recognition as a center of global technology thanks to market-disrupting, innovative and fast-growing technology companies like Rimini Street that continue to expand their investments in Nevada,” said McMillan. “We look forward to celebrating Rimini Street’s success and expansion in Las Vegas and across the globe.”

“Rimini Street was founded in Las Vegas 10 years ago because of the city’s business friendly climate, capable workforce, and the logistical and technical advantages of McCarran Airport and Switch SUPERNAP data centers that companies can leverage,” said Seth Ravin, Rimini Street CEO. “Rimini Street sees Las Vegas as a significant competitive advantage for a worldwide headquarters location, and we plan to add hundreds of new jobs to support the local community. In addition, the Rimini Street Foundation is actively supporting and working with many community organizations to assure that Rimini Street is giving back to the community that has provided us so much support over the years.”

Visit www.riministreet.com/company/careers for information on open positions.

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 http://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
Michelle McGlocklin

Rimini Street, Inc.

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