SOURCE: Rainmaker Systems, Inc.

Rainmaker Systems, Inc.

May 08, 2013 08:00 ET

Rainmaker Systems Names Carmela Wong Vice President of Marketing

Accomplished Industry Veteran Rejoins Company's Executive Team to Drive Next Stage of Growth

CAMPBELL, CA--(Marketwired - May 8, 2013) - Rainmaker Systems, Inc. (NASDAQ: RMKR), a leading global cloud platform company, today announced the appointment of Carmela Wong as vice president of marketing. An accomplished technology industry marketing veteran, Wong has rejoined the company, previously serving as vice president of marketing, to help drive the next stage of growth and capitalize on current market opportunities.

"Carmela's deep understanding of e-commerce solutions both from a marketing standpoint, and as a user, make her an excellent re-addition to the Rainmaker management team," said Donald J. Massaro, president and CEO at Rainmaker. "Her previous tenure with the company was highly successful, and we are excited to have her back onboard to effectively market our solutions as we look to the next stage of growth."

Wong brings more than 20 years of corporate, agency and client-side marketing experience to the Rainmaker management team, including serving as the company's vice president of marketing from 2003 - 2008. During her previous tenure, Wong played an instrumental role in implementing an aggressive plan that grew company revenues by more that 50 percent over a two-year timeframe. Prior to rejoining Rainmaker, Wong was the vice president of marketing for ABBYY, a document recognition and data capture solution provider to enterprise, SMB and SOHO users, and also held senior leadership marketing positions at Borland Software and Intuit.

"Organizations of all sizes are looking for ways to unlock new revenue streams and better sell their products," said Wong. "Rainmaker's solutions simplify management of recurring revenue streams and customer lifecycles via a robust SaaS application, placing the company in a great position to capitalize on the opportunities created by a rapidly changing market. I look forward to working with the rest of the new management team to help Rainmaker become the e-commerce solution provider of choice for the enterprise."

About Rainmaker
Rainmaker Systems, Inc. (RMKR) is a Commerce-as-a-Service (CaaS) company that helps large enterprises gain greater market share and increased brand awareness for cloud-based or on-premise based product offerings in the worldwide SMB market. Rainmaker does this with an advanced e-Commerce open architecture SaaS platform that easily integrates cloud-based applications and on-premise applications with its Global Commerce Services to provide its clients with a strategic partnership.

Safe Harbor Statement
This press release may contain forward-looking statements regarding future events. These forward-looking statements are based on information available to Rainmaker as of this date and the company assumes 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 factors that could cause actual results to differ materially from those in the forward-looking statements are client concentration, as the company depends on a small number of clients for a significant percentage of its 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 Rainmaker's business, as clients are reducing their overall marketing spending and their customers are reducing their purchase of service contracts; market acceptance of our service programs and pricing options; the financial condition of our clients' businesses and other factors detailed the company's filings with the Securities and Exchange Commission (SEC), including our filings on forms 10-K and 10-Q.

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NOTE: Rainmaker Systems and 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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