Rainmaker Systems Signs $5 Million Credit Facility With Comerica Bank

CAMPBELL, Calif., July 26, 2012 /PRNewswire/ -- Rainmaker Systems, Inc. (Nasdaq: RMKR), a leading global provider of B2B solutions that drive online sales and renewals for products, subscriptions and training for clients and their channel partners, today announced that it has entered into a $5 million loan and security agreement with Comerica Bank.

The maximum amount of credit available to the company under the credit facility is $5 million, composed of a $3 million 36 month term loan and a $2 million 18 month revolving line of credit.

"Completing this credit agreement with Comerica Bank is another positive step forward in the company's transformation to become a leading global provider of B2B e-Commerce solutions," said Timothy Burns, Rainmaker's CFO. "This credit agreement is a strong indication of the bank's confidence in our ability to continue to improve our financial performance."

About Rainmaker Systems
Rainmaker Systems, Inc. is a leading global provider of B2B e-commerce solutions that drive online sales and renewal for products, subscriptions and training for our clients and their channel partners. Rainmaker provides these solutions on a consistent, global basis supporting multiple payment methods, currencies and language capabilities.

NOTE: Rainmaker Systems, 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 owners.

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SOURCE Rainmaker Systems, Inc.

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