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 Great Place to Work® India has recognized Raju Gadiraju, managing director of Rimini Street India Operations Private Ltd., as one of the top 25 of India’s Best Leaders in Times of Crisis 2021. In a study conducted by Great Place to Work® India and validated with employee feedback, leaders from medium and large organizations in India were identified for demonstrating their exceptional leadership in dealing with the COVID-19 crisis and efforts in guiding their organizations to overcome the uncertainties related to, and intensified by, the global pandemic.
The COVID-19 pandemic has challenged business leaders in India and worldwide to be more agile, innovative and decisive. Senior leaders in India have had to exhibit exemplary leadership behavior since 2020, including redefining business models and workplaces to suit the current needs, all while ensuring the wellbeing of their workforce. Gadiraju was recognized in the top 25 leaders in India in the mid-sized organizations’ category (having 100 to 500 employees) for his excellent leadership during this challenging year. Rimini Street has over 400 full-time employees across India and continues to hire aggressively in India.
Great Place to Work® India’s research shows that workplaces are characterized by great leadership, consistent employee experience and sustainable financial performance. Organizations that achieve this award deliver a consistent experience for all their employees irrespective of role, gender, tenure, or level and have a sustainable vision to create a great place to work for all its employees.
“We are proud and humbled that Raju was honored this year as one of India’s Best Leaders in Times of Crisis. As recognized by Great Place to Work® India, he exhibits the key elements of leadership during a crisis, including effective workforce management, maintaining business continuity and implementing employee engagement and wellness efforts,” said Seth A. Ravin, Rimini Street CEO. “Under Raju’s leadership, the Rimini Street India team has been instrumental in helping the Company continually raise the high-standards for its award-winning support and service delivery excellence, even in the most challenging of times.”
About Great Place to Work®
The Great Place to Work® Institute is a highly acclaimed international organization with an employee experience platform for evaluating and identifying companies with best practices and programs in human resource management and company culture. Every year, more than 10,000 organizations from over 60 countries partner with the Great Place to Work® Institute for assessment, benchmarking and planning actions to strengthen their workplace culture. Their methodology is recognized as rigorous and objective and is considered the gold standard for defining great workplaces across business, academia and government organizations.
About Rimini Street, Inc.
Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, 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 4,200 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 impact of our credit facility’s ongoing debt service obligations and financial covenants and operational covenants on our business and related interest rate risk, 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; including under our new credit facility; our ability to maintain an effective system of internal control over financial reporting, and our ability to remediate identified material weaknesses in our internal controls, including in relation to the accounting treatment of our warrants; 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 August 4, 2021, 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.
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