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Rainmaker Announces Partner Portal 3.0
Jul 17, 2008 (06:07 AM EDT)
CAMPBELL, Calif., July 17 /PRNewswire-FirstCall/ -- Rainmaker Systems, Inc. , a leading provider of sales and marketing solutions combining hosted application software and execution services, today announced the release of Partner Portal 3.0 -- the next generation of its innovative reseller portal solution for service contracts to help its clients increase revenue from contracts sold through their channel partners.
As part of Rainmaker's comprehensive hosted contract sales solution, PartnerPortal 3.0 includes new and expanded functionality and a redesigned user interface to help channel partners sell more efficiently and to bring the advantages of this global solution to more people at the channel partner level. Key features of Partner Portal 3.0 release include: -- Enhanced, more intuitive interface provides easier adoption and makes dashboards and other key information instantly available -- Improved lead flow and management to allow sales representatives to better filter, sort and manage opportunities based on value, margin, company, territory, and other parameters -- Automatic price adjustment based on volume agreements and rebate management to increase sales effectiveness -- Platform can be configured for cross-sell capability in addition to the current up-sell feature -- Ability to manage and co-terminate agreements for a single customer to significantly simplify service agreement management for the channel partner and the customer -- Increased scalability to meet the demands of increasing volumes
Rainmaker's CEO Michael Silton commented, "This next generation of our hosted application includes new features to enhance scalability for the increasing volumes we are seeing, and is creating significant opportunities for cross selling and expanded relationships with our clients as they see the power of our tools and services and the positive impact on their revenue."
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, Sunset Direct and Contract Renewals Plus are registered with the U.S. Patent and Trademark Office. All other service marks or trademarks are the property of their respective owners.
Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of the Company and its subsidiaries. We wish to caution you that these statements involve risks and uncertainties and actual events or results may differ materially. 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 and expand our operations 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 the Company remains dependent on a few large 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 of some client relationships, the financial condition of our clients' business 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.
CONTACT: Seth Romanow, VP, Chief Marketing Officer of Rainmaker Systems, firstname.lastname@example.orgInc., +1-408-626-2418, ; 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/