Rimini Street and its privately funded
charitable program recognized for its commitment to corporate
social responsibility and community impact
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of
end-to-end enterprise software support, products and services, the
leading third-party support provider for Oracle and SAP software,
and an AWS partner, today announced that TrustRadius has recognized
Rimini Street with a 2024 Tech Cares Award. This award celebrates
companies that excel in their corporate social responsibility
initiatives, “dedicated to driving beneficial progress throughout
their organization and community.”
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240820310223/en/
Rimini Street Earns 2024 Tech Cares Award
from TrustRadius (Graphic: Business Wire)
The 2024 Tech Cares Award honored the top 100 B2B technology
organizations whose nominations were outstanding in their
dedication to sustainability, volunteerism, diversity, equity and
inclusion, generous donations, community impact, employee
well-being and development, support for women in technology, and
educational support.
“We started the Rimini Street Foundation in 2015 as a way to
share our company success with the communities in which we live and
from where we serve our clients,” said Janet Ravin, founder and
committee chair of the Rimini Street Foundation. “Nine years later,
we are as strong as ever in our mission to ‘Support Humankind,’
providing financial donations, hosting volunteer activities around
the globe, and partnering with a wide range of charities to bring
joy and equal opportunity to the community.”
From gathering 400 employees to pack hygiene kits to be
distributed to human trafficking survivors in collaboration with
The Cupcake Girls, working with the São Paolo Red Cross to sort
clothes for donation to families affected by the Rio Grande do Sul
floods, hosting a STEM day with Prestasi Junior Indonesia, a
non-profit benefiting young students and adults living with
cerebral palsy – and more activities completed and more underway –
2024 is filling up with precious memories for the Rimini Street
Foundation and community friends.
“The Tech Care award is very meaningful to us as it spotlights
our colleagues’ heart of service, evident in the way we care for
our clients, community and one another,” said Ravin. “As our
company grows, so will our opportunity to give, and that’s what the
Rimini Street Foundation is all about.”
We are Hiring!
Grow your career at a company that puts its people first and
invests in the community. Visit Rimini Street’s career page at
https://www.riministreet.com/company/careers/.
About Rimini Street, Inc.
Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is
a global provider of end-to-end enterprise software support,
products and services, the leading third-party support provider for
Oracle and SAP software, and an AWS partner. The Company has
operations globally and offers a comprehensive family of unified
solutions to run, manage, support, customize, configure, connect,
protect, monitor, and optimize enterprise application, database,
and technology software, and enables clients to achieve better
business outcomes, significantly reduce costs, and reallocate
resources for innovation. To date, over 5,600 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 enterprise software solutions provider. To learn more,
please visit riministreet.com, and connect with Rimini Street on X
(formerly known as Twitter), Instagram, Facebook, and LinkedIn.
(IR-RMNI)
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 “anticipate,” “believe,” “continue,”
“could,” “currently,” “estimate,” “expect,” “future,” “intend,”
“may,” “might,” “outlook,” “plan,” “possible,” “potential,”
“predict,” “project,” “seem,” “seek,” “should,” “will,” “would” 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, adverse developments in and costs
associated with defending pending litigation or any new litigation,
including the disposition of pending motions to appeal and any new
claims; additional expenses to be incurred in order to comply with
injunctions against certain of our business practices and the
impact on future period revenue and costs; changes in the business
environment in which Rimini Street operates, including the impact
of any recessionary economic trends and changes in foreign exchange
rates, as well as general financial, economic, regulatory and
political conditions affecting the industry in which we operate and
the industries in which our clients operate; the evolution of the
enterprise software management and support landscape and our
ability to attract and retain clients and further penetrate our
client base; significant competition in the software support
services industry; customer adoption of our expanded portfolio of
products and services and products and services we expect to
introduce; our ability to grow our revenue, manage our cost of
revenue and accurately forecast revenue; the expected impact of
recent and anticipated future reductions in our workforce and
associated reorganization costs; estimates of our total addressable
market and expectations of client savings relative to use of other
providers; variability of timing in our sales cycle; risks relating
to retention rates, including our ability to accurately predict
retention rates; the loss of one or more members of our management
team; our ability to attract and retain additional qualified
personnel, including sales personnel, and retain key personnel; our
business plan, our ability to grow in the future and our ability to
achieve and maintain profitability; our plans to wind down the
offering of services for Oracle PeopleSoft products; our need and
ability to raise 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; risks associated
with global operations; our ability to prevent unauthorized access
to our information technology systems and other cybersecurity
threats, protect the confidential information of our employees and
clients and comply with privacy regulations; our ability to
maintain an effective system of internal control over financial
reporting; our ability to maintain, protect and enhance our brand
and intellectual property; changes in laws and regulations,
including changes in tax laws or unfavorable outcomes of tax
positions we take, or a failure by us to establish adequate tax
reserves; the impact of environmental, social and governance (ESG)
matters; our credit facility’s ongoing debt service obligations and
financial and operational covenants on our business and related
interest rate risk, including uncertainty from the transition to
SOFR or other interest rate benchmarks; the sufficiency of our cash
and cash equivalents to meet our liquidity requirements; the amount
and timing of repurchases, if any, under our stock repurchase
program and our ability to enhance stockholder value through such
program; uncertainty as to the long-term value of Rimini Street’s
equity securities; catastrophic events that disrupt our business or
that of our clients; and those discussed under the heading “Risk
Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on
July 31, 2024, 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240820310223/en/
Janet Ravin VP, Global Communications Rimini Street, Inc. +1 702
285-3532 pr@riministreet.com
Rimini Street (NASDAQ:RMNI)
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