Tidewater Expands Partnership with Rimini Street Following Successful Optimization of Regional ERP and Tax Software Solutions

(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the expansion of its partnership with Tidewater, the world’s largest offshore service vessel (OSV) fleet operator.

Rimini Support™ Delivers Deep Technical Expertise and Cost Savings

The relationship began in Brazil, where Tidewater selected Rimini Street to support its then current Oracle PeopleSoft ERP system. The successful engagement led to further collaboration, including support for SAP and the implementation of a new tax software solution. After delivering outstanding results in Brazil, Rimini Street was awarded global work, coordinating with the Tidewater team on a seamless implementation across their worldwide operations.

“Rimini Street really impressed us with how well and often they communicated with us, keeping our system running smoothly and compliant,” said Lee Johnson, executive vice president and CIO at Tidewater. “Our CFO is happy with the ongoing cost savings, my IT team is happy they no longer have system and security challenges, and I’m happy to have a constant, open line of communication with professionals who not only understand and appreciate our business needs but deliver results too.”

Rimini Street’s Breadth of Services Extends from Support to Security Solutions to Strategic Consulting Services

Stemming from the successful initial engagement, Tidewater expanded their portfolio with Rimini Street from Rimini Support™ to include Rimini Connect™, Rimini Street’s patented and proprietary interoperability solutions and services that solves complex compatibility matrices and future-proofs systems, and Rimini Consult™, Rimini Street’s tailored professional and consultative services that include business strategy, process, technology and security. Tidewater is leveraging Rimini Connect™ for OS to provide a disruption-free solution to address the interoperability issues that were impacting its ability to keep up with security patches. When the decision was made to consolidate its Brazil ERP to its global SAP system for standardization, Tidewater then engaged Rimini Consult for professional services expertise.

“Some companies know Rimini Street solely for their expert support capabilities, but they are so much more than that,” explains Johnson. “The Rimini Street team brought deep understanding of both our Oracle and SAP systems to complete the complex migration along with delivering process improvements across business functions, comprehensive documentation for transparency and continuity and targeted user training in a compressed timeline.”

A Partnership Built to Evolve, Supporting Innovation and Future Growth

“As a CIO, the most important thing I can do is create value for the business. Part of that is making sure you have the right partners and team members. Rimini Street has proven to be more than a trusted partner for our operations, and we continue to grow our footprint with them because we know it will translate to fast and lasting results for the business,” said Johnson.

This partnership has enabled Tidewater to consolidate its financial systems, automate tax reporting, and unlock operational efficiencies at scale, freeing resources to focus on high-value initiatives and rapid growth.

“Innovation can’t wait, and neither should businesses. Rimini Street delivers measurable cost savings, stronger performance and breakthrough innovation that empower companies like Tidewater to scale faster and smarter,” said Coy Wright, vice president of energy, utilities and mining industry solutions at Rimini Street. “We’re proud to serve as a trusted advisor and strategic partner to our clients, helping to resolve tough technical challenges while opening the path to what’s next.”

Learn more about how Rimini Street is helping Tidewater drive value and innovation in global operations here.

About Rimini Street, Inc.

Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who have leveraged the Rimini Smart Path™ methodology to achieve better operational outcomes, billions of US dollars in savings and fund AI and other innovation.

To learn more, please visit www.riministreet.com, and connect with Rimini Street on X, Facebook, Instagram, and LinkedIn.

Forward-Looking Statements

Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “anticipate,” “assume,” “believe,” “continue,” “could,” “currently,” “estimate,” “expect,” “forecast,” “future,” “intend,” “may,” “might,” “outlook,” “plan,” “possible,” “goal,” “potential,” “predict,” “project,” “seem,” “seek,” “should,” “will,” “would” or other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, litigation, agreements and Court orders involving Oracle, the wind down of support services for Oracle’s PeopleSoft software products and the impact on future period revenue and costs incurred related to these efforts; changes in the business environment in which Rimini Street operates, including the impact of macro-economic trends, geopolitical tensions and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; the evolution of the enterprise software management and support landscape and our ability to attract and retain clients and further penetrate our client base; significant competition in the software support services industry and our intentions with respect to our pricing model; customer adoption of our expanded portfolio of products and services and products and services we expect to introduce; our expectations regarding new product offerings, partnerships and alliance programs, including but not limited to our partnership with ServiceNow and our Agentic AI ERP innovation solutions; our ability to grow our revenue and accurately forecast revenue, along with the results of any efforts to manage costs to align with revenue expectations and expansion of our offerings; the expected impact of reductions in our workforce during the last and current fiscal year and associated reorganization costs; estimates of our total addressable market and expectations of client savings relative to use of other providers; variability of timing in our sales cycle; risks relating to retention rates, including our ability to accurately predict retention rates; the loss of one or more members of our management team; our ability to attract and retain additional qualified personnel; our business plan and ability to grow in the future and our ability to achieve and maintain profitability; the volatility of our stock price; our need and ability to raise equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth initiatives; risks associated with global operations; our ability to prevent unauthorized access to our information technology systems and other cybersecurity threats; any deficiencies associated with artificial intelligence (AI) technologies used by us or by our third-party vendors and service providers or incorporated by us into our service offerings and/or our Agentic AI ERP innovation solutions; our ability to protect the confidential information of our employees and clients and to comply with privacy regulations; our ability to maintain an effective system of internal control over financial reporting; our ability to maintain, protect and enhance our brand and intellectual property; changes in laws and regulations, including changes in tax laws or unfavorable outcomes of tax positions we take; tariff costs, including tariff relief or the ability to mitigate tariffs, in light of new or increased tariffs imposed by the United States government and the potential for retaliatory trade measures by affected countries; a failure by us to establish adequate tax reserves; adverse developments in and costs associated with defending pending litigation or any new litigation; our ability to realize benefits from our net operating losses; any negative impact of environmental, social and governance matters on our reputation or business and the exposure of our business to additional costs or risks from our reporting on such matters; our ability to maintain our good standing with the United States government and international governments, capture new contracts with governmental entities and maintain our status as an approved United States government contractor; our credit facility’s ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; uncertainty as to the long-term value of Rimini Street’s equity securities; catastrophic events that disrupt our business or that of our clients; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on October 30, 2025, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the U.S. Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.

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