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Rimini Street Expands Board and Appoints Three New Directors

OCLCF, SAP | January 27, 2014

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, Hyperion and Oracle Retail software, today announced that it has expanded its Board of Directors and appointed three new Directors - Thomas Ashburn, former President of Worldwide Field Operations at BEA Systems, Inc. (acquired by Oracle), Steve Capelli, former President of Worldwide Field Operations at Sybase, Inc. (acquired by SAP) and Margaret "Peggy" Taylor, former Senior Vice President of Corporate Operations at PeopleSoft, Inc. (acquired by Oracle). All three board members are veteran, accomplished leaders in the enterprise software industry with decades of board and operations experience.

Ashburn, 69, held senior executive positions at both BEA Systems and Hewlett Packard. His most recent operational role was as president of Worldwide Field Operations at BEA Systems. In this role, he oversaw sales, annual maintenance renewals, services and marketing across all regions, including the Americas, Europe and Asia. Prior to joining BEA Systems, Ashburn spent more than three decades with Hewlett Packard, most recently serving as vice president and general manager of Hewlett Packard Services. In this role, he was responsible for more than 23,000 employees and HP’s global software and hardware maintenance revenue and consulting services. During his tenure at HP, Ashburn held positions of increasing global operational responsibility, including general manager of Worldwide Logistics and general manager of Hewlett Packard’s Customer Support Organization. Ashburn currently serves on several company boards. Ashburn holds a B.A. in Industrial Technology from California State University in Long Beach.

Capelli, 56, held executive positions at Sybase for 14 years, most recently serving as president of Worldwide Field Operations. Capelli was responsible for global license sales, consulting, software maintenance renewals and education. Before joining Sybase, Capelli was vice president and chief financial officer at Siemens-Pyramid, a subsidiary of Siemens Nixdorf. Prior to his roles with Siemens Nixdorf, he held executive leadership positions at several premier technology companies, including Digital Equipment Corporation, Unisys Corporation, Burroughs Corporation and a subsidiary of W.R. Grace & Company. Capelli currently serves on several company boards. Capelli holds an M.B.A. from Rutgers University and received a B.S. in Accounting from The College of New Jersey.

Taylor, 62, spent 16 years with PeopleSoft, Inc., most recently serving as president of subsidiary PeopleSoft Investments, Inc. Previously, Taylor served as senior vice president of Corporate Operations at PeopleSoft, where she was responsible for all corporate operations, including technology, product development, release management and customer and professional services. Prior to joining PeopleSoft, Taylor held executive management positions at Hibernia Bank and Bank of California, most recently as a vice president of Trust and Investment Management and vice president of Organization, Planning and Development, respectively. Taylor has been an active investor, advisor and public company director for several technology companies. Taylor holds a B.A. in Communications from Lone Mountain College and has completed the Corporate Governance Program at Stanford Business School and the Compensation Committees Program at Harvard Business School.

“We are pleased to expand the Rimini Street Board of Directors and welcome these three highly respected and accomplished technology industry leaders to the Rimini Street Board,” said Seth Ravin, Rimini Street CEO and Chairman of the Board. “Our new directors join an experienced Rimini Street Board that remains focused on executing our global growth strategy.”

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 10 years. Hundreds of clients, including global, Fortune 500, midmarket, and public sector organizations from virtually all 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.