Rainmaker Systems Names Carmela Wong Vice President of Marketing
Accomplished Industry Veteran Rejoins Company's Executive Team to
Drive Next Stage of Growth
CAMPBELL, CA -- (Marketwired) -- 05/08/13 -- Rainmaker Systems, Inc.
(NASDAQ: RMKR), a leading global cloud platform company, today
announced the appointment of Carmela Wong as vice president of
marketing. An accomplished technology industry marketing veteran,
Wong has rejoined the company, previously serving as vice president
of marketing, to help drive the next stage of growth and capitalize
on current market opportunities.
"Carmela's deep understanding of e-commerce solutions both from a
marketing standpoint, and as a user, make her an excellent
re-addition to the Rainmaker management team," said Donald J.
Massaro, president and CEO at Rainmaker. "Her previous tenure with
the company was highly successful, and we are excited to have her
back onboard to effectively market our solutions as we look to the
next stage of growth."
Wong brings more than 20 years of corporate, agency and client-side
marketing experience to the Rainmaker management team, including
serving as the company's vice president of marketing from 2003 -
2008. During her previous tenure, Wong played an instrumental role in
implementing an aggressive plan that grew company revenues by more
that 50 percent over a two-year timeframe. Prior to rejoining
Rainmaker, Wong was the vice president of marketing for ABBYY, a
document recognition and data capture solution provider to
enterprise, SMB and SOHO users, and also held senior leadership
marketing positions at Borland Software and Intuit.
"Organizations of all sizes are looking for ways to unlock new
revenue streams and better sell their products," said Wong.
"Rainmaker's solutions simplify management of recurring revenue
streams and customer lifecycles via a robust SaaS application,
placing the company in a great position to capitalize on the
opportunities created by a rapidly changing market. I look forward to
working with the rest of the new management team to help Rainmaker
become the e-commerce solution provider of choice for the
Rainmaker Systems, Inc. (RMKR) is a
Commerce-as-a-Service (CaaS) company that helps large enterprises
gain greater market share and increased brand awareness for
cloud-based or on-premise based product offerings in the worldwide
SMB market. Rainmaker does this with an advanced e-Commerce open
architecture SaaS platform that easily integrates cloud-based
applications and on-premise applications with its Global Commerce
Services to provide its clients with a strategic partnership.
Safe Harbor Statement
This press release may contain forward-looking
statements regarding future events. These forward-looking statements
are based on information available to Rainmaker as of this date and
the company assumes 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 factors that could cause actual results to
differ materially from those in the forward-looking statements are
client concentration, as the company depends on a small number of
clients for a significant percentage of its revenue; the possibility
of the discontinuation and/or realignment of some client
relationships; general market conditions, the current difficult
macro-economic environment and its impact on Rainmaker's business, as
clients are reducing their overall marketing spending and their
customers are reducing their purchase of service contracts; market
acceptance of our service programs and pricing options; the financial
condition of our clients' businesses and other factors detailed the
company's filings with the Securities and Exchange Commission (SEC),
including our filings on forms 10-K and 10-Q.
For more information, visit www.rainmakersystems.com or call
NOTE: Rainmaker Systems and the Rainmaker logo are
registered with the U.S. Patent and Trademark Office. All other
service marks or trademarks are the property of their respective
McGrath/Power Public Relations
Deborah A. Stapleton
650-470-4200 - landline
650-815-1239 - mobile
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