Rimini Street Clients Saving Millions Running Stable Enterprise Software Releases



    Rimini Street Support Keeps New and Decade-Old Software Releases Running
Smoothly; Clients Save More Than 50 Percent Annually and Avoid Costly Upgrades

    LAS VEGAS, November 12 /CNW/ - Rimini Street, Inc., the leading
independent maintenance and support provider for Siebel, PeopleSoft, and JD
Edwards (NASDAQ:  ORCL) software, today announced its clients are saving
millions of dollars in annual support and upgrade costs by extending the
lifespan of their current enterprise software releases for three, five, or
even ten years or more. Rimini Street Support enables software licensees to
avoid costly upgrades by leveraging their existing software releases ranging
from brand new to more than a decade old and receiving full support, including
tax and regulatory updates, 24x7 with 30 minute guaranteed response. In
contrast, software support policies from vendors like Oracle and SAP require
their support customers to continually upgrade to new releases or face
increasing annual penalty fees and eventual termination of new update service
for their older, stable releases.

    The City of Flint, Michigan is using Rimini Street Support to leverage
its stable, decade-old PeopleSoft 7.5 release to smoothly support city human
resource and payroll operations. Originally debuting in September of 1997,
PeopleSoft Release 7.5 turned ten years old this year and is a clear example
of how enterprise software coupled with Rimini Street Support can deliver
significant annual IT cost savings, a better value, and a strong return on
existing software investments.

    "We look forward to driving even more value and a longer lifespan out of
our stable PeopleSoft 7.5 release," said Tom O'Brien, Database Administrator,
The City of Flint Michigan. "Rimini Street's knowledgeable staff, responsive
service, and high quality tax and regulatory updates continue to provide us
the support we need to keep our PeopleSoft 7.5 release operating smoothly.
Additionally, we have saved over 50% on our annual support costs and have been
able to avoid several costly upgrades that were required under the vendor's
support program in order for us to remain eligible for support. Rimini Street
is a strategic IT partner for the City of Flint, and we couldn't be happier
with the service and results."

    Siebel CRM 6, initially introduced as Siebel eBusiness 2000, is nearly
eight years old and continues to provide value for many licensees, including
Rimini Street client Wenger Manufacturing.

    "Wenger Manufacturing has been running Siebel 6 for almost 8 years now
and we have not found any business need to upgrade," said Jesse Mitchell of
Wenger Manufacturing's IT Group. "Siebel 6 continues to meet all of our
business objectives, and after years of paying high annual maintenance fees we
switched to Rimini Street Support. Rimini Street provides the annual support
services we need to keep our mission-critical Siebel 6 system operating
properly, and we are saving more than 50% over what we were paying Siebel and
Oracle in annual support costs and we are not required to upgrade. Rimini
Street has allowed us to redirect annual cost savings and resources to other
important IT projects."

    Many other Rimini Street clients are running newer software releases such
as PeopleSoft 8.9 and Siebel 7.8 that were just made available in recent
years, and Rimini Street Support is designed to help keep these releases
running smoothly and delivering strong returns to clients well into the next
decade.

    "Enterprise software today is more stable than ever and current releases
can run business operations through 2020 and beyond with the right support
program," said Seth Ravin, president and CEO of Rimini Street. "As more and
more organizations come to understand that the enterprise software releases
developed over the last decade are going to be the stable and mature releases
that carry them into the next decade and beyond, the focus is clearly shifting
to cost savings and driving stronger returns out of existing enterprise
software investments."

    About Rimini Street, Inc.

    Rimini Street is the leading independent provider of enterprise software
support services. The company is redefining the market with an innovative,
next-generation support program that enables Siebel, PeopleSoft, and JD
Edwards licensees to remain on their current software release without any
required upgrades or migrations for ten years or more. In addition to a higher
service-level commitment, Rimini Street provides customers with an average
savings of more than 50 percent in annual support fees when compared to
Oracle. To learn more, please visit www.riministreet.com or call (702)
839-9671.

    Rimini Street and the Rimini Street logo are trademarks of Rimini Street,
Inc. All other company and product names may be trademarks of their respective
owners. Copyright (C) 2007. All rights reserved.




For further information:

For further information: Rimini Street, Inc. David Rowe, 925-699-3391
drowe@riministreet.com

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