CAMPBELL, Calif., Jan. 5 /PRNewswire-FirstCall/ -- Rainmaker Systems, Inc. (Nasdaq: RMKR), a leading provider of sales and marketing solutions combining hosted application software and execution services, today announced that it has been awarded a three-year Training Sales renewal agreement by TIBCO Software, Inc., a leading business integration and process management software company, to deploy its live, virtual and on-demand ViewCentral(TM) platform for training sales, webinar and event management support.

Rainmaker's ViewCentral platform is an external facing Learning Management System that is an online, 24X7 available, Software-as-a-Service (SaaS). ViewCentral focuses on delivering increased training revenue and profit for customer and partner training programs.

ViewCentral manages the entire business lifecycle of training and events, from marketing, scheduling, advertising, registration, payments, post-course reporting and analysis enabling to continually improve training content and processes. This agreement includes ViewCentral's Classroom, vClassroom and eLearning platforms to drive online registration and help increase attendance for TIBCO's face-to-face on-site training events, on-demand and live, instructor-led virtual courses.

Rainmaker's CEO Michael Silton commented, "Our ViewCentral platform delivers significant advantages via an on-demand, hosted, powerful and easy- to-use solution that helps clients grow their training revenue and registrations, while greatly reducing training management and administrative overhead, leading to increased productivity and profitability. We are delighted to be awarded a three-year renewal to support their training sales initiatives."

About TIBCO

TIBCO's technology digitized Wall Street in the '80s with event-driven "Information Bus" software, which helped make real-time business a strategic differentiator in the '90s. Today, TIBCO's infrastructure software gives customers the ability to constantly innovate by connecting applications and data in a service-oriented architecture, streamlining activities through business process management, and giving people the information and intelligence tools they need to make faster and smarter decisions, what we call The Power of Now. TIBCO serves more than 3,000 customers around the world with offices in more than 20 countries and an ecosystem of over 200 partners. Learn more at http://www.tibco.com.

About Rainmaker

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, and Sunset Direct are registered with the U.S. Patent and Trademark Office. All other service marks or trademarks are the property of their respective owners.

This press release contains forward-looking statements regarding future events. These forward-looking statements are based on information available to Rainmaker as of this date and they assume 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 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 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 we are currently dependent on a few significant 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 and/or realignment of some client relationships, the financial condition of our clients' businesses, 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.

SOURCE Rainmaker Systems, Inc.