Rainmaker Systems Expands UK-Based Global Commerce Services and Shifts All Austin-Based Corporate Functions to Silicon Valley

Rainmaker Systems Expands UK-Based Global Commerce Services and Shifts All 
Austin-Based Corporate Functions to Silicon Valley HQ 
CAMPBELL, CA -- (Marketwire) -- 01/25/13 --  Rainmaker Systems, Inc.
(NASDAQ: RMKR), a recognized technology leader in the rapidly
emerging Commerce-as-a-Service sector, announced today that it is
expanding its UK-based Global Commerce Services operation to extend
and strengthen its value-added services to enterprise customers. The
Global Commerce Services expansion is part of an internal shift in
corporate resources previously allocated to Rainmaker's Austin,
Texas, facility, which the company expects to wind down within three
months.  
Rainmaker expects to add approximately 60 employees to the Global
Commerce Services facility, whose mission is to provide high-value
services to enterprise customers, particularly those using
Rainmaker's GrowCommerce platform. At the same time, Rainmaker is
winding down its Austin, Texas, facility, which similarly employs
approximately 60 employees. Some Austin employees are expected to
transition to the company's Global Commerce Services operation. 
The shift in resources follows last week's announcement that all of
the company's Austin-based finance operations were to migrate to
Rainmaker's Silicon Valley headquarters in Campbell, CA, under
incoming Chief Financial Officer Mallorie Burak. Today's actions are
designed to complete the migration of all of the company's U.S.
Finance and Administration functions to the Silicon Valley
headquarters. 
Rainmaker expects that, after the resource shift is completed in
three months, annual savings benefiting operating income will total
approximately $750,000. The company expects the transition to result
in higher levels of service to customers. Rainmaker intends to
provide detail about these actions and its entire 2013 growth
initiative in its Q4 2012 earnings announcement and investor call, to
be conducted before the end of the current quarter.  
"Today's actions are designed to maximize service to Rainmaker's
enterprise customers by concentrating resources in our Global
Commerce Services operation and at the same time realizing
significant operating savings," said Rainmaker Chief Executive
Officer Donald J, Massaro, who joined the company last month. "This
strategic reallocation is part of a comprehensive 2013 initiative
designed to leverage our GrowCommerce platform's extensive scale and
provide unsurpassed value to our enterprise customers. We are
focusing tightly on business that combines high growth, high value
and unsurpassed productivity -- like our unrivaled 28-language,
EMEA-based Global Commerce Services operation. Combined with the
GrowCommerce platform, our Global Commerce Services provide
enterprise customers a turnkey solution that enables quick market
entry and rapid growth. This strategic reallocation also logically
requires relocating Austin-based operations to our corporate
headquarters in Silicon Valley. We are grateful to our Austin-based
employees, and we are hopeful that a number of them are able to make
the move to our Global Commerce Services organization." 
Rainmaker Systems is a recognized technology leader in the rapidly
emerging Commerce-as-a-Service sector. Rainmaker's GrowCommerce is
designed to be the SaaS Business-to-Business electronic commerce
platform of choice for large enterprises that serve the SMB market.
At the center of Commerce-as-a-Service, GrowCommerce is an open
platform that can be easily integrated with other B2B e-commerce
solutions designed and built for the cloud. 
Enterprise customers can license the platform on an annual or
multi-year basis. Customers can assign the entire function to
GrowCommerce or integrate it into their own internal systems. They
can combine the GrowCommerce platform with Rainmaker's 28-language,
EMEA-based Global Commerce Center for a turnkey solution that enables
quick market entry and rapid growth. 
The GrowCommerce platform: 


 
--  brings together business process and sales;
--  provides segmented and comprehensive reporting that reveals the hidden
    value in big data;
--  automates complex pricing, contract consolidation and quote
    management;
--  enables click-to-cash processing of invoices, credit and collection;
--  offers multi-currency and multi-national extensibility; and
--  provides an unrivaled complement to Salesforce.com.

  
About Rainmaker 
Rainmaker is a leading Commerce-as-a-Service (CaaS) provider to large
enterprises driving to gain greater market share of and increased
brand awareness within worldwide SMB markets with their cloud-based
or on-premise product offerings. For more information, visit
http://www.rainmakersystems.com or call 800-631-1545. 
CONTACT:
Robert Ferri Partners
Robert Ferri
415-575-1589 (direct)
robert.ferri@robertferri.com 
 
 
Press spacebar to pause and continue. Press esc to stop.