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Leading Brazilian Business Group Chooses Rimini Street for SAP Support

Company benefits from a more flexible, highly responsive support model, at 50 percent savings compared to vendor support

LAS VEGAS and SÃO PAULO, Brazil, February 22, 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 that the Rodobens Group, a leading Brazil-based conglomerate of companies in the Automotive, Financial, and Real Estate sectors, has chosen Rimini Street to support the company’s SAP ECC 6.0 system. By switching from SAP support to Rimini Street’s premium support model, Rodobens has gained a more flexible, responsive, high-value support model, in addition to immediate savings of 50 percent on its annual support fees compared to SAP support fees.

Rodobens Seeks to Maximize Value of Current System, No Plans to Adopt S/4HANA

“Rodobens Group is a vast organization, and like most businesses, we are constantly trying to achieve higher levels of efficiency with a decreasing IT budget,” said Marcos Adam, CIO, Rodobens Group. “We are very satisfied with our current, stable SAP system, and at this time have no intention of upgrading to S/4HANA. Our main focus was to find a support partner who could help us maximize the value and lifespan of our current ERP system, deliver a higher level of service than we previously experienced from the vendor, and who would provide us with a more flexible service model. With Rimini Street, we were able to achieve all these objectives, including getting a dedicated engineer who knows our business inside and out.”

Industry-Leading Tax, Legal & Regulatory Research and Technology

In addition to support across Rodobens’ SAP suite of products, support for customizations, interoperability, and a named Primary Support Engineer (PSE), Rimini Street will provide the company support for Brazilian tax, legal and regulatory updates, including Nota Fiscal eletrônica (NF-e). Rimini Street has a track record of successfully delivering hundreds of accurate tax, legal and regulatory updates in Brazil since September 2011, with the industry’s fastest “legislature-to-live”SM update delivery cycle through an innovative combination of a patent-pending tax, legal and regulatory update process, as well as proven methodologies and ISO 9001-certified development processes.

“Rimini Street is helping SAP licensees across Brazil and the rest of Latin America free up funds to support business growth and invest in needed innovations, allowing them to get the most value from their stable, mature systems, and avoiding expensive, unnecessary upgrades,” said Edenize Maron, general manager, Rimini Street Latin America. “By taking advantage of independent support, companies like Rodobens can achieve ongoing savings, receive a much higher level of support, and remain in full tax, legal and regulatory compliance in all jurisdictions in which they do business.”

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. 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.

About Rodobens

Formed by seven business units in the financial sector and automotive retail – Bank, Consortium, Insurance Broker, Leasing & Rental, Cars, Commercial Vehicles and Semi-new Vehicles – Rodobens is a company from São José do Rio Preto (SP), with national coverage and an annual revenues of R$4 billion.

About Rodobens Negócios Imobiliários

Founded in São José do Rio Preto 24 years ago, the builder and developer reached the mark of 166 projects launched in Brazil. The company is operating in 53 cities of 11 Brazilian states. It is one of the largest construction companies in the country, with 63.000 delivered units and 5.5 million square meters built. The company made its IPO in 2007 and is part of Empresas Rodobens.

About Rodobens

Formed by seven business units in the financial sector and automotive retail – Bank, Consortium, Insurance Broker, Leasing & Rental, Cars, Commercial Vehicles and Semi-new Vehicles – Rodobens is a company from São José do Rio Preto (SP), with national coverage and an annual revenues of R$4 billion.

About Rodobens Negócios Imobiliários

Founded in São José do Rio Preto 24 years ago, the builder and developer reached the mark of 166 projects launched in Brazil. The company is operating in 53 cities of 11 Brazilian states. It is one of the largest construction companies in the country, with 63.000 delivered units and 5.5 million square meters built. The company made its IPO in 2007 and is part of Empresas Rodobens.

© 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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