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Rimini Street and its privately funded philanthropic initiatives recognized for their commitment to corporate social responsibility and community impact
LAS VEGAS–(BUSINESS WIRE)–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 AWSAWS partner, today announced that TrustRadius has recognized Rimini Street with the 2024 Technology Cares Award. The award recognizes companies that excel in corporate social responsibility initiatives and are “committed to driving beneficial progress throughout their organizations and communities.”
The 2024 Tech Cares Awards recognize the top 100 B2B technology organizations for their commitment to sustainability, volunteerism, diversity, equity and inclusion, generous giving, community impact, employee well-being and development, support for women in technology, and support for education.
“We started Rimini Street Foundation “In 2015, we wanted to share our company’s success with the communities where we live and where we serve our clients,” said Janet Ravin, founder and board chair of the Rimini Street Foundation. “Nine years later, we remain as committed as ever to our mission to ‘support humanity’ by bringing joy and equal opportunity to communities through financial donations, volunteer events around the world and partnerships with a wide range of charities.”
From rallying 400 employees to work with The Cupcake Girls to package hygiene kits to distribute to survivors of human trafficking, to working with the São Paulo Red Cross to sort clothing to donate to families affected by the Rio Grande do Sul floods, working with Prestasi Junior Indonesia, a nonprofit that benefits young students and adults with cerebral palsy, and more completed and ongoing – 2024 has been filled with precious memories for the Rimini Street Foundation and friends in the community.
“The Tech Cares Award means so much to us because it highlights the service core of our colleagues, which is evident in the way we care for our clients, our communities and each other,” Lavine said. “As our company grows, so too will our opportunities to give, and that’s where the Rimini Street Fund ends.”
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Develop your career at a company that puts people first and invests in its community. Visit the Rimini Street careers page: https://www.riministreet.com/company/careers/.
About Rimini Street Company
Rimini Street, Inc. (NASDAQ: RMNI), a Russell 2000 Company®is a global provider of comprehensive enterprise software support, products and services and is the leading third-party support provider for Oracle and SAP software and an AWS partner. The Company operates worldwide and offers a complete range of unified solutions to run, manage, support, customize, configure, connect, secure, monitor and optimize enterprise applications, databases and technology software, enabling clients to achieve better business outcomes, significantly reduce costs and reallocate resources for innovation. To date, more than 5,600 Fortune 500, Fortune Global 100, mid-market, public sector and other organizations across a broad range of industries trust Rimini Street as their trusted enterprise software solutions provider. For more information, visit riministreet.com and connect with Rimini Street at X (formerly Twitter), Instagram, Facebook and LinkedIn. (Infrared – Magnetic Resonance Imaging)
Forward-Looking Statements
Certain statements included in this press release are not historical facts but are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as “anticipate,” “expect,” “believe,” “continue,” “could,” “current,” “estimate,” “expect,” “future,” “intend,” “may,” “might,” “outlook,” “plan,” “likely,” “potential,” “predict,” “project,” “emerge,” “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 management’s current expectations and are not predictions of actual performance. 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 and costs related to the defense of pending litigation or any new litigation, including pending appellate motions and the processing of any new claims; additional costs to comply with injunctions against certain of our business practices and the impact on revenue and costs in future periods; changes in the business environment in which we operate, including the impact of any recessionary trends and changes in exchange rates, and general financial, economic, regulatory and political conditions affecting the industries in which we operate and in which our customers operate; the evolution of the enterprise software management and support environment and our ability to attract and retain customers and further penetrate our customer base; the intense competition in the software support services industry; customer adoption of our expanded product and service portfolio and the products and services we expect to introduce; our ability to grow revenue, manage our cost of revenue and accurately forecast revenue; the expected impact of recent and expected future layoffs and related restructuring costs; estimates of our total addressable market and our customers’ expectations of savings associated with using alternative vendors; changes in the timing of our sales cycles; risks related to retention rates, including our ability to accurately forecast 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 to retain key personnel; our business plans, our ability to grow in the future and our ability to achieve and maintain profitability; our plans to reduce Oracle PeopleSoft the volume of services for our products and services; our need and ability to obtain equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund further investment in our growth initiatives; risks associated with our 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 preserve, protect and enhance our brand and intellectual property; changes in laws and regulations, including changes in tax laws or adverse outcomes of tax positions we take or our inability to build adequate tax reserves; the impact of environmental, social and governance (ESG) issues; outstanding debt repayment obligations under our credit facilities and financial and operating covenants related to our business and related interest rate risks, including uncertainty regarding the transition to SOFR or other interest rate benchmarks; the sufficiency of our cash and cash equivalents to meet our liquidity needs; the amount and timing of repurchases, if any, based on our share repurchase program and our ability to enhance shareholder value through that program; uncertainty as to the long-term value of Rimini Street’s equity securities; catastrophic events that disrupt our or our clients’ businesses; and Rimini Street’s Form 10-Q filed on July 31, 2024 Forward-looking statements include those discussed under the heading “Risk Factors” in Rimini Street’s future Annual Reports on Form 10-K, as updated from time to time in Rimini Street’s Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the Securities and Exchange Commission. In addition, forward-looking statements give 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.
The original source language text of this statement is the official authorized version. Translations are provided only as adaptations and must be checked against the source language text, which is the only legally binding version.
Contact Details
Janet Raven
Vice President, Global Communications
Rimini Street, Inc.
+1 702 285-3532
(email protected)
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