Company Delivers New Tool at No Additional Cost to Further Reduce Total Cost of Ownership for Clients

LAS VEGAS - Thursday, April 10th 2014 [ME NewsWire]

(BUSINESS WIRE)-- COLLABORATE 14 Conference - Rimini Street, Inc., the leading independent provider of enterprise software support for SAP AG’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 and Oracle Retail software, today announced that Rimini Street Technology Support Services has delivered a new tool for clients who subscribe to Rimini Street Support for PeopleSoft – the Rimini Street COBOL Compiler® (“RSI Compiler”). The RSI Compiler combines a Rimini Street pre-compiler with an IBM COBOL compiler, which, under agreement with IBM Corporation, are packaged, licensed and distributed together as an integrated solution. The RSI Compiler is immediately available at no additional cost to Rimini Street’s PeopleSoft Support clients.

Rimini Street Offers a No-Cost Choice for Its PeopleSoft Support Clients

Several PeopleSoft products require a COBOL compiler to incorporate mandatory source code updates, such as payroll tax calculation formula changes. Until now, the only solution for PeopleSoft users was to pay expensive license fees to Oracle for each copy of a MicroFocus COBOL compiler. Oracle is the exclusive licensing source for MicroFocus COBOL compilers for use with PeopleSoft products.

Today, Rimini Street provides clients a further reduction in total cost of ownership by offering the RSI Compiler to Rimini Street’s PeopleSoft Support clients at no additional cost. Clients are provided a term license for use with a test and development instance of PeopleSoft software for as long as they remain a subscriber to Rimini Street Support.

Rimini Street Successfully Deploys Rimini Street COBOL Compiler

Rimini Street Technology Support Services has been successfully deploying the RSI Compiler since 2013, with nearly 90 clients already licensed for use with their PeopleSoft products.

Rimini Street also includes the following services with each RSI Compiler license at no additional cost for as long as the client subscribes to Rimini Street’s Support for PeopleSoft:

    Assistance with installation and configuration
    User training
    Product support
    Product updates

Technology Support Services Provides Extensive Range of Client Services

Rimini Street Technology Support Services (“TSS”) has made and continues to make significant investments in the development and delivery of innovative technology support services that clients can leverage to reduce total cost of ownership and ensure their core ERP enterprise software releases remain stable, reliable and compliant long-term platforms for a minimum of 15 years after switching to Rimini Street.

TSS has successfully helped many clients over the years solve complex technology challenges - including solving compatibility, migration, security and integration challenges across operating systems, databases, middleware, compilers, browsers, API's and integrated Cloud components in hybrid on-premise/Cloud landscapes.

“Rimini Street is pleased to provide this new tool to help its PeopleSoft Support clients further reduce their total cost of ownership,” said Seth Ravin, Rimini Street CEO. “We are committed to investing in innovative solutions like the Rimini Street COBOL Compiler that meet the needs of our clients today, tomorrow and beyond.”

About Rimini Street, Inc.

Rimini Street is the leading independent provider of enterprise software support services. The company is redefining enterprise support services with an innovative, award-winning program that enables Oracle and SAP licensees to save up to 90 percent on total support costs over a decade, including saving 50 percent on their annual support fees. Clients can remain on their current software release without any required upgrades or migrations for at least 15 years after switching to Rimini Street. Hundreds of clients, including global, Fortune 500, midmarket, and public sector organizations from across a broad range of industries have selected Rimini Street as their trusted, independent support provider. To learn more, please visit www.riministreet.com or call within the USA 888-870-9692 or internationally +1 702-839-9671.

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 © 2014. All rights reserved.

Contacts

Rimini Street, Inc.

Alma Park, +1 323-229-7282

apark@riministreet.com

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