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Rainmaker Systems, Inc. (RMKR) Awarded Major Contract Extension

|Includes: Rainmaker Systems, Inc. (VCTL)

Located in Campbell, California, Rainmaker has quickly earned a reputation as a leading global provider of B2B e-commerce solutions that drive online sales and renewal for products, subscriptions and training for their clients. Today, Rainmaker announced they have been awarded a five-year contract extension by an existing global B2B e-commerce client.

The new contract will expire in December of 2016 and was granted by a client who is a global leader in end-to-end business process management with the belief this will drive online business sales.

Leading the way Rainmaker is Michael Silton whom serves as the company’s CEO. In reference to this press release, Silton stated, “Our modern SaaS approach to e-commerce puts control in the hands of our clients and our unique B2B capabilities allow them to effectively increase revenue. This contract, which is our first five-year contract extension, reflects our proven ability to provide value for our clients on a global basis.”

Currently, Rainmaker is trading in the $0.86 range. With the Rainmaker e-commerce solution suite delivering a solid foundation for clients to reach their small to medium sized business customers and an array of technology within the company’s pipeline, Rainmaker is a company on the rise.

To learn more about this press release, or the company as a whole, visit the company’s corporate website at www.rainmakersystems.com

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