Rimini Street Awarded U.S. GSA Multiple Award Schedule (MAS) for Oracle, SAP and VMware Support and Security Services

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    UnitedStatesfederal,state,localandtribalgovernmentcannowprocureRiminiStreet'sultra-responsivesupportandadvancedsecurityservicesdirectlyfromtheU.S.GSAScheduleandimmediatelyachieveupto90%savingsontotalsoftwaresupportcostsandsecurelyextendthelifespanofsoftwarereleases
    LASVEGAS--(BUSINESSWIRE)--RiminiStreet,Inc.(Nasdaq:RMNI),aglobalproviderofend-to-endenterprisesoftwaresupport,managementandinnovationsolutions,andtheleadingthird-partysupportproviderforOracle,SAPandVMwaresoftware,todayannouncedithasbecomeanapprovedsupplierontheUnitedStatesGeneralServicesAdministration’s(GSA)MultipleAwardSchedule(MAS)underthecontract47QTCA25D00DT.
    TheavailabilityofRiminiStreetontheGSAexpeditesfederal,state,localandtribalgovernmentagencies’abilitytoselectandswitchfromcostlysoftwarevendorsupporttotheCompany’scomprehensivesupportandadvancedsecurityservicesforOracle,SAPandVMWareatuptoa50%discountcomparedtothesoftwarevendor’sannualmaintenancefees.Todate,RiminiStreethashelpedclientssavenearly$10billionthattheywereabletouseforbothdirectcostsavingsandfundingnewtechnologyinvestments.
    AProven,BetterandSecureEnterpriseSoftwareSupportOption
    RiminiStreetoffersultra-responsive,premiumsupportthatincludessupportforapplicationcustomizationsatnoadditionalchargeandguaranteesfullsupportcoverageoncurrentsoftwarereleasesforupto15additionalyearsfromdateofsigning,withnorequiredupgradesormigrationstonewproductsorreleases.RiminiStreetalsoincludesbothaguaranteed10-minuteengineerresponsetimeandafour-hourresolutiontimeforcriticalcases,24/7/365.
    RiminiStreet’smorethan1,000globalengineersworkasanextensionofitsclients’ITteamtoprotectsystemuptimeandensuretopperformancefromtheirsoftwareinvestments.RiminiStreetsupportcomesstandardwithexclusivesecuritysolutionsthatprovideasecureextensionoflifespanforOracle,SAPandVMwareproductsandreleases-eliminatingtheneedfordisruptive,risky,andcostlyvendor-pressuredupgrade,migrationandre-platformingmandatesjusttoremainonafullysupportedplatform.
    RiminiStreetContinuestoServeasaReliablePartnerforGovernmentAgencies
    “GovernmentagenciesareonamissiontomodernizeIT,maximizelaborproductivityandreducecosts.RiminiStreethasastrongtrackrecordofpartneringwithgovernmentagenciesallovertheworldandacrosstheU.S.,includingnationalsecurityandmilitaryclients,toachievethismission,”saidSethRavin,CEOofRiminiStreet.“RiminiStreetcanhelpgovernmentagenciessecurelyachievecostandlaborsavingswhileenablingtheinvestmentofmorefundsintothelatesttechnologiessuchasworkflow,taskautomationandAItoimproveoperations,outcomesandcitizenexperiences.”
    LearnmoreabouthowRiminiStreetempowersgovernmentagenciestoachieve“TransformationwithoutDisruption™,”here.
    AboutRiminiStreet,Inc.
    RiminiStreet,Inc.(Nasdaq:RMNI),aRussell2000®Company,isaglobalproviderofend-to-endenterprisesoftwaresupportandinnovationsolutionsandtheleadingthird-partysupportproviderforOracle,SAPandVMwaresoftware.TheCompanyoffersacomprehensiveportfolioofunifiedsolutionstorun,manage,support,customize,configure,connect,protect,monitor,andoptimizeenterpriseapplication,database,andtechnologysoftware.TheCompanyhassignedthousandsofcontractswithFortuneGlobal100,Fortune500,midmarket,publicsectorandgovernmentorganizationswhoselectedRiminiStreetastheirtrusted,provenmission-criticalenterprisesoftwaresolutionsproviderandachievedbetteroperationaloutcomes,realizedbillionsofUSdollarsinsavingsandfundedAIandotherinnovationinvestments.
    Tolearnmore,pleasevisitwww.riministreet.com,andconnectwithRiminiStreetonX,Facebook,Instagram,andLinkedIn.
    Forward-LookingStatements
    Certainstatementsincludedinthiscommunicationarenothistoricalfactsbutareforward-lookingstatementsforpurposesofthesafeharborprovisionsunderThePrivateSecuritiesLitigationReformActof1995.Forward-lookingstatementsgenerallyareaccompaniedbywordssuchas“anticipate,”“assume,”“believe,”“continue,”“could,”“currently,”“estimate,”“expect,”“forecast,”“future,”“intend,”“may,”“might,”“outlook,”“plan,”“possible,”“goal,”“potential,”“predict,”“project,”“seem,”“seek,”“should,”“will,”“would”orothersimilarwords,phrasesorexpressions.Theseforward-lookingstatementsinclude,butarenotlimitedto,statementsregardingourexpectationsoffutureevents,futureopportunities,globalexpansionandothergrowthinitiativesandourinvestmentsinsuchinitiatives.Thesestatementsarebasedonvariousassumptionsandonthecurrentexpectationsofmanagementandarenotpredictionsofactualperformance,norarethesestatementsofhistoricalfacts.ThesestatementsaresubjecttoanumberofrisksanduncertaintiesregardingRiminiStreet’sbusiness,andactualresultsmaydiffermaterially.Theserisksanduncertaintiesinclude,butarenotlimitedto,litigation,agreementsandCourtordersinvolvingOracle,thewinddownofsupportservicesforOracle’sPeopleSoftsoftwareproductsandtheimpactonfutureperiodrevenueandcostsincurredrelatedtotheseefforts;changesinthebusinessenvironmentinwhichRiminiStreetoperates,includingtheimpactofmacro-economictrends,geopoliticaltensionsandchangesinforeignexchangerates,aswellasgeneralfinancial,economic,regulatoryandpoliticalconditionsaffectingtheindustryinwhichweoperateandtheindustriesinwhichourclientsoperate;theevolutionoftheenterprisesoftwaremanagementandsupportlandscapeandourabilitytoattractandretainclientsandfurtherpenetrateourclientbase;significantcompetitioninthesoftwaresupportservicesindustryandourintentionswithrespecttoourpricingmodel;customeradoptionofourexpandedportfolioofproductsandservicesandproductsandservicesweexpecttointroduce;ourexpectationsregardingnewproductofferings,partnershipsandallianceprograms,includingbutnotlimitedtoourpartnershipwithServiceNow;ourabilitytogrowourrevenueandaccuratelyforecastrevenue,alongwiththeresultsofanyeffortstomanagecoststoalignwithrevenueexpectationsandexpansionofourofferings;theexpectedimpactofreductionsinourworkforceduringthelastandcurrentfiscalyearandassociatedreorganizationcosts;estimatesofourtotaladdressablemarketandexpectationsofclientsavingsrelativetouseofotherproviders;variabilityoftiminginoursalescycle;risksrelatingtoretentionrates,includingourabilitytoaccuratelypredictretentionrates;thelossofoneormoremembersofourmanagementteam;ourabilitytoattractandretainadditionalqualifiedpersonnel;ourbusinessplanandabilitytogrowinthefutureandourabilitytoachieveandmaintainprofitability;thevolatilityofourstockprice;ourneedandabilitytoraiseequityordebtfinancingonfavorabletermsandourabilitytogeneratecashflowsfromoperationstohelpfundincreasedinvestmentinourgrowthinitiatives;risksassociatedwithglobaloperations;ourabilitytopreventunauthorizedaccesstoourinformationtechnologysystemsandothercybersecuritythreats;anydeficienciesassociatedwithgenerativeartificialintelligence(AI)technologiespotentiallyusedbyusorbyourthird-partyvendorsandserviceproviders;ourabilitytoprotecttheconfidentialinformationofouremployeesandclientsandtocomplywithprivacyregulations;ourabilitytomaintainaneffectivesystemofinternalcontroloverfinancialreporting;ourabilitytomaintain,protectandenhanceourbrandandintellectualproperty;changesinlawsandregulations,includingchangesintaxlawsorunfavorableoutcomesoftaxpositionswetake;tariffcosts(includingtariffreliefortheabilitytomitigatetariffs,inlightofneworincreasedtariffsimposedbytheUnitedStatesgovernmentandthepotentialforretaliatorytrademeasuresbyaffectedcountries);afailurebyustoestablishadequatetaxreserves;adversedevelopmentsinandcostsassociatedwithdefendingpendinglitigationoranynewlitigation;ourabilitytorealizebenefitsfromournetoperatinglosses;anynegativeimpactofenvironmental,socialandgovernancemattersonourreputationorbusinessandtheexposureofourbusinesstoadditionalcostsorrisksfromourreportingonsuchmatters;ourabilitytomaintainourgoodstandingwiththeUnitedStatesgovernmentandinternationalgovernmentsandcapturenewcontractswithgovernmentalentities;ourcreditfacility’songoingdebtserviceobligationsandfinancialandoperationalcovenantsonourbusinessandrelatedinterestraterisk;thesufficiencyofourcashandcashequivalentstomeetourliquidityrequirements;theamountandtimingofrepurchases,ifany,underourstockrepurchaseprogramandourabilitytoenhancestockholdervaluethroughsuchprogram;uncertaintyastothelong-termvalueofRiminiStreet’sequitysecurities;catastrophiceventsthatdisruptourbusinessorthatofourclients;andthosediscussedundertheheading“RiskFactors”inRiminiStreet’sQuarterlyReportonForm10-QfiledonJuly31,2025,andasupdatedfromtimetotimebyRiminiStreet’sfutureAnnualReportsonForm10-K,QuarterlyReportsonForm10-Q,CurrentReportsonForm8-K,andotherfilingsbyRiminiStreetwiththeU.S.SecuritiesandExchangeCommission.Inaddition,forward-lookingstatementsprovideRiminiStreet’sexpectations,plansorforecastsoffutureeventsandviewsasofthedateofthiscommunication.RiminiStreetanticipatesthatsubsequenteventsanddevelopmentswillcauseRiminiStreet’sassessmentstochange.However,whileRiminiStreetmayelecttoupdatetheseforward-lookingstatementsatsomepointinthefuture,RiminiStreetspecificallydisclaimsanyobligationtodoso,exceptasrequiredbylaw.Theseforward-lookingstatementsshouldnotberelieduponasrepresentingRiminiStreet’sassessmentsasofanydatesubsequenttothedateofthiscommunication.
    ©2025RiminiStreet,Inc.Allrightsreserved.“RiminiStreet”isaregisteredtrademarkofRiminiStreet,Inc.intheUnitedStatesandothercountries,andRiminiStreet,theRiminiStreetlogo,andcombinationsthereof,andothermarksmarkedbyTMaretrademarksofRiminiStreet,Inc.Allothertrademarksremainthepropertyoftheirrespectiveowners,andunlessotherwisespecified,RiminiStreetclaimsnoaffiliation,endorsement,orassociationwithanysuchtrademarkholderorothercompaniesreferencedherein.

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