Press release

Rimini Street Expands Asia-Pacific Operations to Support Growing Client Base in Southeast Asia and Greater China

Sponsored by Businesswire

Street, Inc.
(Nasdaq: RMNI), 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, today
announced its further operational expansion in the Asia-Pacific region,
including additional investment in leadership, sales and service
delivery capabilities in the Southeast Asia and Greater China regions.
The investment is being made to meet the needs of the Company’s growing
client base and support the increasing interest and demand for the
Company’s portfolio of premium-level enterprise software support
services in the region. The Company also launched a new subsidiary,
Rimini Street Singapore Pte. Ltd., and announced the appointment of a
new regional director of Southeast Asia and Greater China, based in its
newly opened Singapore office.

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Rimini Street Expands Asia-Pacific Operations to Support Growing Client Base in Southeast Asia and G ...

Rimini Street Expands Asia-Pacific Operations to Support Growing Client Base in Southeast Asia and Greater China (Photo: Business Wire)

Substantial Demand Drives Expansion

Rimini Street has been selling and operating in Greater China since
2015, and recently launched its operations in Southeast Asia. The
Company will support the next phase of its growth through hiring new
staff in the regions, including experienced engineers who work close to
the clients and speak local languages. Today, Rimini Street already
supports more than 300 clients with operations in Greater China and
Southeast Asia combined.

Empowering Clients to Follow Business-Driven IT Roadmaps

Like their counterparts around the world, CEOs and CIOs in Southeast
Asia and Greater China must optimize IT spending, improve competitive
advantage and drive growth. However, industry analysts maintain that for
many organizations, as much as 90% of overall IT budgets are spent on
daily operating costs, leaving as little as 10% of IT budgets to invest
in strategic initiatives that create competitive advantage and enable

Switching to Rimini Street support from software vendor support can
significantly reduce the proportion of IT budget that is spent on daily
operating costs, enabling organizations to reallocate much more of the
IT budget for investments in innovation. Clients that switch to Rimini
Street third-party support are also freed from the vendor-mandated
roadmaps of expensive and recurring forced upgrades, migrations and
vendor lock-in. With this shift, CIOs can take back control of their IT
roadmap and investment strategy.

“By moving to Rimini Street support, not only did we realize 50% savings
in annual support fees right from the start, we also experience support
services that are larger in scope, and better in quality and efficiency
in comparison to what we received from the software vendor,” said Heidi
Hsu, MIS Department Supervisor, San Fang Chemical Industry Co., Ltd. “We
were pleasantly surprised by Rimini Street’s technical capabilities. Our
IT team can now rely on a partner with deep expertise, and their
ultra-responsive support delivery model has helped us free up time to
focus on more innovative projects within the company.”

Expanding Asia-Pacific Operations

To serve its growing list of clients in the Asia-Pacific region, Rimini
Street currently has offices in Hong Kong, Osaka, Seoul, Taipei and
Tokyo, three locations across Australia, and a recently opened office in
Auckland, New Zealand. In addition, the Company has now opened up a new
office in Singapore to serve Southeast Asia.

The Company continues to expand its local marketing, sales, operations
and experienced engineering staff, and recently appointed Andrew Seow as
regional director for Southeast Asia and Greater China. A seasoned
executive with more than 20 years’ experience, Mr. Seow has extensive
background in ERP solutions and software maintenance services and served
in numerous leadership positions for organizations throughout
Asia-Pacific, spanning across technology, aviation, telecommunications
and financial services sectors. Prior to Rimini Street, Mr. Seow was
responsible for sales and account management at United Technology
Corporation. Before that, he oversaw sales and distribution at IBM
Singapore and led business development at Sabre Corporation. Based in
Singapore, he will be responsible for leading Rimini Street’s growth and
development in the Southeast Asia and Greater China regions.

“There is tremendous pressure on CIOs in Southeast Asia and Greater
China to enhance overall efficiency and optimize their IT roadmap in
order to invest in innovations and systems that support the needs of the
business,” said Mr. Seow. “Rather than follow the vendor-dictated
roadmaps that consume too much budget and put pressure on resources with
expensive annual maintenance fees and a steady beat of required upgrades
and updates, organizations can now turn to a trusted partner in Rimini
Street to help them take the necessary steps towards leveraging their
significant IT investments to achieve business results.”

“Our expansion into Southeast Asia and further expansion into Greater
China will help bolster Rimini Street’s already strong presence across
Asia-Pacific. Furthermore, the investment reflects what we see as a
strong and growing appetite throughout the regions for a much more
value-driven, flexible alternative to paying expensive Oracle and SAP
support costs for enterprise software systems,” said Andrew
, managing director, Asia-Pacific, Rimini Street. “We are
pleased to welcome Andrew on board to lead the Southeast Asia and
Greater China regions.”

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 has redefined enterprise software support services since 2005
with an innovative, award-winning program that enables licensees of IBM,
Microsoft, Oracle, Salesforce, SAP and other enterprise software vendors
to save up to 90 percent on total maintenance costs. Clients can remain
on their current software release without any required upgrades for a
minimum of 15 years. Over 1,850 global Fortune 500, midmarket, public
sector and other organizations from a broad range of industries
currently rely on Rimini Street as their trusted, third-party support
provider. To learn more, please visit,
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 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
or in the government inquiry or any new litigation; the final amount and
timing of any refunds from Oracle related to our 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 success of our
recently introduced products and services, including Rimini Street
Mobility, Rimini Street Analytics, Rimini Street Advanced Database
Security, and services for Salesforce Sales Cloud and Service Cloud
products, in addition to 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 May
9, 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.

© 2019 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.