Successful global response management program expanded into Asia
CAMPBELL, Calif., Dec. 2 /PRNewswire-FirstCall/ --
Rainmaker Systems, Inc. (NASDAQ:RMKR), a leading provider of sales and marketing solutions combining hosted application software and execution services, today announced that it has been awarded an expansion of its lead development agreement with its current Fortune 500 global network computing client that extends its global response management program to include telecoverage of the Asia-Pacific region.
Under this expanded agreement, Rainmaker Asia in Manila will serve as a central telemarketing center for lead development in Asia-Pacific and utilize Rainmaker's proprietary LeadWorks(TM) as a centralized and completely localized, multi-lingual Customer Relationship Management tool encompassing nine countries in the region.
Rainmaker's CEO Michael Silton commented, "We are pleased to be awarded this significant expansion of this client's lead development business to now effectively provide global coverage in 14 different languages. This agreement reflects the success of our current programs and further expands our footprint as a Software as a Service supplier by serving as both the central telemarketing hub and central lead management platform for this leading global manufacturer of computer products."
About Rainmaker
Rainmaker Systems, Inc. delivers sales and marketing solutions, combining hosted application software and execution services designed to drive more revenue for our clients. Our Revenue Delivery Platform(SM) combines proprietary, on-demand application software and advanced analytics with specialized sales and marketing execution services. Rainmaker clients include large enterprises in a range of industries, including computer hardware and software, telecommunications, and financial services industries. For more information, visit http://www.rmkr.com/ or call 800-631-1545.
NOTE: Rainmaker Systems, the Rainmaker logo, and Sunset Direct are registered with the U.S. Patent and Trademark Office. All other service marks or trademarks are the property of their respective owners.
This press release contains forward-looking statements regarding future events. These forward-looking statements are based on information available to Rainmaker as of this date and they assume 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 important factors which could cause actual results to differ materially from those in the forward-looking statements are general market conditions, unfavorable economic conditions, our ability to execute our business strategy, our ability to integrate acquisitions without disruption to our business, the effectiveness of our sales team and approach, our ability to target, analyze and forecast the revenue to be derived from a client and the costs associated with providing services to that client, the date during the course of a calendar year that a new client is acquired, the length of the integration cycle for new clients and the timing of revenues and costs associated therewith, our client concentration given that we are currently dependent on a few significant client relationships, our ability to expand our channel hosted contract solution and drive adoption of this solution by resellers, potential competition in the marketplace, the ability to retain and attract employees, market acceptance of our service programs and pricing options, our ability to maintain our existing technology platform and to deploy new technology, our ability to sign new clients and control expenses, the possibility of the discontinuation and/or realignment of some client relationships, the financial condition of our clients' businesses, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including our filings on Forms 10-K and 10-Q.
DATASOURCE: Rainmaker Systems, Inc.
CONTACT: Steve Valenzuela, Chief Financial Officer of Rainmaker Systems,
Inc., +1-408-626-2439, ; or Todd Kehrli or Jim Byers, Investor
Relations of MKR Group, Inc., +1-323-468-2300, , both for
Rainmaker Systems, Inc.
Web Site: http://www.rmkr.com/