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Rimini Street Names 3 New Directors

February 8, 2014

Rimini Street, Inc., an independent provider of enterprise software support for SAP AG's Business Suite and BusinessObjects software and Oracle Corp.'s Siebel, PeopleSoft, JD Edwards, E- Business Suite, Oracle Database, Hyperion and Oracle Retail software, 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).

According to a release, all three board members are veteran, accomplished leaders in the enterprise software industry with decades of board and operations experience.

Rimini Street reported that 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'sCustomer Support Organization. Ashburn currently serves on several company boards. Ashburn holds a B.A. in Industrial Technology from California State University in Long Beach.

Additionally, 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 Corp., Unisys Corp., Burroughs Corp. 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."

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