LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that it has been recognized for three gold awards in the 5th Annual 2020 Pillar World Awards, all in the “Great Workplace of the Year” category with one win each for the Company’s operations in the U.S., Asia-Pacific and Latin America. Rimini Street was also the recipient of the “Grand Winners” award for winning these three coveted gold awards. The Pillar World Awards program honors the best employers, employees and HR achievements and professionals from around the world who help create and drive best places to work. The Pillar World Award winners were honored in a virtual ceremony on December 10, 2020.
Employee Relations and Talent Management Activities Support Business Growth
Rimini Street recognizes employee engagement and corporate culture are key in any organization to support growth and success. With more than 1,300 employees across 20 countries of operation, the Company operates globally with complete transparency and encourages a culture of shared success – what is built together, is celebrated together. Rimini Street earned its Great Workplace of the Year designations through a number of initiatives undertaken by the Company over the last year including launching its new “Leadership Path to Success” curriculum for its global leadership team, designed to skill-up managers across the organization and create a common leadership language and employee engagement strategies. The Company was also recognized for its sabbatical program for 10 years of service, strong benefits package and its Global Employee Assistance Program, which aids employees during times of crisis providing mental, physical, social and financial well-being support.
The Pillar World Awards also recognized Rimini Street for its unwavering commitment to its employees both before and during the COVID-19 pandemic. When the pandemic became evident, the Company quickly shifted to protect its employees by transitioning to a near 100% remote working environment, closing global offices all while ensuring business continued without disruption. Spot bonuses were distributed to all employees earning below a certain amount to help with expenses and healthcare costs associated with the pandemic. The program benefited around 30% of employees worldwide.
“We are proud and humbled to be recognized across three of our regions for our workplace culture, career opportunity and development, and our approach to diversity and inclusiveness,” said Seth A. Ravin, Rimini Street CEO. “A great workplace culture is a foundation for business success and growth. Our business is dependent on our people who are the heart and soul of what we deliver to our clients each and every day. Recognizing their value and rewarding their hard work – even during challenging times such as the pandemic – ensures that we can make a real difference in their lives and the success of our clients.”
About the Pillar World Awards
The coveted annual Pillar® World Awards is the world’s premier awards program honoring best employers, employees, and HR achievements. The awards recognize the world’s best employers, employees and the human resources professionals, teams, achievements and HR-related products, services, trainings, and consultants who help to create and drive best places to work. Learn more about the Pillar World Awards at https://pillarworldawards.com.
About Rimini Street, Inc.
Rimini Street, Inc. (Nasdaq: RMNI) is a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner. The Company offers premium, ultra-responsive and integrated application management and support services that enable enterprise software licensees to save significant costs, free up resources for innovation and achieve better business outcomes. To date, more than 3,700 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 application enterprise software products and services provider. To learn more, please visit http://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.
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 “may,” “should,” “would,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “seem,” “seek,” “continue,” “future,” “will,” “expect,” “outlook” 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, the duration of and operational and financial impacts on our business of the COVID-19 pandemic and related economic impact, as well as the actions taken by governmental authorities, clients or others in response to the COVID-19 pandemic; catastrophic events that disrupt our business or that of our current and prospective clients, changes in the business environment in which Rimini Street operates, including inflation and interest rates, and general financial, economic, regulatory and political conditions affecting the industry in which Rimini Street operates; adverse developments in pending litigation or in the government inquiry or any new litigation; our need and ability to raise additional 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; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the terms and impact of our outstanding 13.00% Series A Preferred Stock; changes in taxes, laws and regulations; competitive product and pricing activity; difficulties of managing growth profitably; the customer adoption of our recently introduced products and services, including our Application Management Services (AMS), Rimini Street Advanced Database Security, and services for Salesforce Sales Cloud and Service Cloud products, in addition to other products and services we expect to introduce in the near future; the loss of one or more members of Rimini Street’s management team; uncertainty as to the long-term value of Rimini Street’s equity securities; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on November 5, 2020, 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.
© 2020 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.
