Rainmaker Systems, Inc. (OTCQB: RMKR), a leading provider of external,
for-profit based learning management solutions, reports that Aruba
Networks has renewed its contract for the ViewCentral learning
management system (LMS) to help manage its customer training and
certification services.
Aruba Networks, Inc., a provider of next-generation network access
solutions for mobile enterprise networks, selected ViewCentral for its
capacity to handle complex transactions, dependability of the platform,
and the ability to generate revenue from training programs for
customers, resellers, and channel partners.
“This will be our fourth year using the ViewCentral learning management
system to manage our global customer training and certification program.
We continue to be impressed with the depth of the product and are
excited to utilize ViewCentral’s subscription module capabilities,” said
Carolyn Cutler, Education and Training Manager at Aruba.
"We are delighted that Aruba has once again selected ViewCentral as its
LMS of choice,” commented Terry Lydon, Chief Executive Officer of
Rainmaker Systems. “ViewCentral helps extended enterprise companies like
Aruba to efficiently deliver externally-focused training and
certification programs to their customers and partners and offers secure
deployment options to drive revenue,” added Mr. Lydon.
For more information on Rainmaker Systems’ ViewCentral product, please
visit www.viewcentral.com
About Rainmaker Systems, Inc.
Rainmaker Systems is a learning management solution provider to
organizations of all size across the technology, financial services,
biosciences, human resources, and consulting industries, among others.
Rainmaker’s ViewCentral Learning Management System (LMS) allows
organizations to monetize and facilitate the delivery of training and
certification programs, enabling them to capture both incremental and
recurring revenue from subscriptions-based offerings. Rainmaker Systems
is headquartered in Campbell, Calif. For more information, please visit www.viewcentral.com.
Rainmaker Systems trades in the U.S. on the OTCQB marketplace under the
symbol “RMKR.”
Safe Harbor Statement
This press release contains forward-looking statements regarding
future events. These forward-looking statements are based on information
available to Rainmaker Systems as of this date and we assume no
obligation to update any such forward-looking statements. These
statements are not guarantees of future performance, and actual results
could differ materially from current expectations. Among the important
factors which could cause actual results to differ materially from those
in the forward-looking statements are our ability to raise additional
capital to meet our operating requirements, our ability to maintain
compliance with our debt covenants, our ability to reduce our losses and
achieve profitability, our client concentration, as we depend on a small
number of clients for a significant percentage of our revenue, the
possibility of the discontinuation and/or realignment of some client
relationships, general market conditions, the high degree of uncertainty
and our limited visibility due to economic conditions, our ability to
execute our business strategy, the effectiveness of our sales team and
approach, our ability to target, analyze and forecast the revenue to be
derived from a client and the costs associated with providing services
to that client, the date during the course of a calendar year that a new
client is acquired, the length of the integration cycle for new clients
and the timing of revenues and costs associated therewith, our ability
to manage growth, potential competition in the marketplace, our ability
to retain and attract employees, market acceptance of our solutions and
pricing options, our ability to maintain our existing software
technology and to deploy new technology, our ability to sign new clients
and control expenses, the financial condition of our clients'
businesses, the protection of our intellectual property and other
factors detailed in the Company's filings with the Securities and
Exchange Commission ("SEC"), including our filings on Forms 10-K and
10-Q.
Copyright Business Wire 2015