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Rimini Street Appoints Industry Veteran to Lead Growth and Expansion Across Greater China

Company builds on 231% growth across APAC region

LAS VEGAS and BEIJING, October 13, 2015 Rimini 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 appointment of Frank Chou as general manager, Greater China. In this newly created role, Chou is responsible for leading the growth and expansion of Rimini Street’s service offerings across Greater China, which includes China, Hong Kong and Taiwan.  The region represents one of the largest market opportunities for the Company’s new class of enterprise software support services for Oracle and SAP clients. The company is expanding operations in Greater China due to strong local market demand as well as continued fast-paced growth throughout the APAC region, including a 231% increase in APAC revenue in the 12-month period ending June 30, 2015, compared with the prior 12-month period.

Chou Brings CIO and IT Leadership Experience to Rimini Street

Prior to joining Rimini Street, Chou served as the CIO for China National Chemical Corporation (ChemChina), where he led management transformation and IT initiatives. During his time at ChemChina, he was recognized and named as one of the Chinese Chief Information Officer Union’s “Top 100 CIOs of 2014.” Before this, Chou spent over 20 years as a consultant with Accenture, culminating his tenure there as the lead partner for the firm’s Greater China Energy/Natural Resources & Chemical practice.

“Dissatisfaction with the software vendor’s maintenance and support is a common occurrence among CIOs and IT users in Greater China,” said Chou. “The independent software maintenance and support offered by Rimini Street creates new ‘rules of the game’ by bringing a more compelling and value-driven choice to CIOs in this region. We have had enthusiastic response to our market entry here, and look forward to continuing to deliver our award-winning services and support to Oracle and SAP licensees across the Greater China region.”

Expansion in Greater China to Build on Continuing APAC Growth

The Company’s expansion into Greater China addresses one of the largest ERP markets in the world. Rimini Street currently supports 67 global companies with operations in Greater China, including ChemChina, Sympatex Holding GmbH, NCH Corporation, Tempel Steel Company and Southco, Inc. The Company is building on robust growth across the entire APAC region, with a 142% percent increase in signed clients as of June 30, 2015, compared to a year ago. Rimini Street (HK) Ltd. commenced operations in Hong Kong in July 2015, and Rimini Street will operate its Greater China headquarters from Beijing as Rimini Street Software Technical Services (Beijing) Ltd.

“We entered the Greater China market based on growing demand and opportunity in the region, and are now expanding our local infrastructure, operation and capabilities,” said Seth Ravin, Rimini Street CEO. “As a CIO who personally embraced the value and benefits of independent maintenance by selecting Rimini Street support for his prior employer, and has deep IT industry and regional experience, we believe Mr. Chou is uniquely qualified to lead Rimini Street’s expansion and investment in Greater China. We are very pleased to welcome Mr. Chou to our global executive leadership team.”

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. Over 2,000 global Fortune 500, 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 http://www.riministreet.com/, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.

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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, 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 (including our pending appeal of the permanent injunction) 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 November 7, 2019, 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.

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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