Rainmaker Signs Software Provider Splunk as New Client for Training Sales

CAMPBELL, Calif., Sept. 22 /PRNewswire/ -- Rainmaker Systems, Inc. (Nasdaq: RMKR), a leading global provider of ecommerce solutions and telesales services that drive more revenue for clients and their channel partners, today announced the signing of a one-year agreement for training with a new client, Splunk, a leading provider of operational intelligence software used to search, monitor, and analyze live streaming IT data as well as terabytes of historical data.

Under the program, Rainmaker will deploy its ViewCentral SaaS ecommerce solution for selling and managing customer education revenue to support all aspects of Splunk's customer training programs in North America, EMEA, and Asia-Pacific.

Rainmaker's CEO Michael Silton commented, "We are delighted that Splunk has chosen to deploy our industry leading ViewCentral SaaS ecommerce solution to support their education initiatives. ViewCentral automates the online sales, marketing and administration of classes, helping our clients maximize their revenue and profits from the sale of paid customer education programs."

About Splunk

Splunk is the world's leading Operational Intelligence software used to monitor, report and analyze live streaming IT data as well as terabytes of historical data – located on-premise or in the cloud. Almost half of the Fortune 100 and more than 1,800 enterprises, service providers and government organizations in 70 countries use Splunk to improve service levels, reduce IT operations costs, mitigate security risks, and drive new levels of operational visibility.  For a new approach to IT, visit http://www.splunk.com, or visit http://www.splunk.com/download to download a free copy.

About Rainmaker

Rainmaker Systems, Inc. is a leading global provider of ecommerce solutions and telesales services that drive more revenue for clients and their channel partners. Rainmaker provides subscription and service contract renewals, robust ecommerce solutions, lead development, training sales, and call center services. Rainmaker provides these services on a consistent, global basis supporting multiple currencies and language capabilities. For more information, visit 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 we 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 our client concentration, as we depend on a small number of clients for a significant percentage of our 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 our business, as our clients are reducing their overall marketing spending and our clients' customers are reducing their purchase of services contracts, the high degree of uncertainty and our limited visibility due to 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 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, and 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.

SOURCE Rainmaker Systems, Inc.