NV-RIMINI-STREET

Rimini Street, Inc. , the leading 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 software, 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 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 Rimini Street, Inc.

Rimini Street is the global leader in providing independent enterprise software support services. The company has redefined enterprise support services since 2005 with an innovative, award-winning program that enables Oracle and SAP licensees to save up to 90 percent on total support costs. Clients can remain on their current software release without any required upgrades for at least 15 years. Nearly 1,300 Fortune 500, midmarket, and public sector organizations from a broad range of industries have selected Rimini Street as their trusted, independent support provider. To learn more, please visit http://www.riministreet.com .

Forward-Looking Statements

This press release may contain forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “plan,” “expect,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks and uncertainties, and are based on various assumptions. If the risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Rimini Street assumes no obligation to update any forward-looking statements or information, which speak only as of the date of this press release.

Rimini Street and the Rimini Street logo are trademarks of Rimini Street, Inc. All other company and product names may be trademarks.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160222005340/en/

Contact:

Rimini Street, Inc.
Alma Park, +1 323-229-7282
apark@riministreet.com

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