Search Icon

Rimini Street Increases Investment in Latin America with Opening of New, Expanded LATAM Headquarters in São Paulo, Brazil

Company furthers investment in Latin America and expands Brazil footprint; Ribbon-cutting ceremony to include government authorities, clients, analysts and media

LAS VEGAS and SÃO PAULO, August 9, 2017 Rimini Street, Inc., a global provider of enterprise software products and services, and the leading independent support provider for Oracle and SAP products, today announced the opening of its new Latin America headquarters in São Paulo, Brazil. This marks the Company’s next phase of growth in the region, which includes an increased focus on expanding enterprise support services and product offerings in Latin America due to strong demand for Rimini Street’s premium-level support. The Company’s new Latin America headquarters is located in the JK Iguatemi building on Av. Pres. Juscelino Kubitschek in São Paulo.

“From the time we first entered the Brazil market years ago, our offerings have been met with high interest and enthusiasm because we help companies in the region address a challenging economic environment with a solution that optimizes their enterprise software costs and unlocks funds that can be redirected into more value-add initiatives for their business,” said Edenize Maron, general manager, Rimini Street Latin America. “We believe with our strong value proposition we will see accelerated growth in the region with enterprise licensees as Rimini Street’s reputation for delivering ultra-responsive, premium-level support continues to become more recognized.”

Rimini Street will commemorate its new, expansive office with a gala ribbon-cutting event and cocktail party and dinner this evening, hosted by Rimini Street’s CEO, Seth Ravin. Invited guests include government authorities, clients, prospects, media and analysts.

Rimini Street launched its presence in Latin America in 2009, and today services more than 140 global organizations with operations in Latin America, including local well-known Brazil brands such as Embraer, Petrópolis, Abril, Riachuelo, Tupy, Marisol, Iguatemi, Gafisa, Estadão, Camargo Corrêa, GP Investimentos, Even, GRSA, Infoglobo, Rodobens, Promon and Atento.

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.

This website has been built using modern web standards not fully supported by your browser. Please consider updating your browser.

Upgrade Today