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Technology Stocks : Rainmaker Systems - RMKR

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To: D. K. G. who wrote ()1/19/2000 12:04:00 AM
From: Grandk  Read Replies (1) of 185
 
Anyone follow NETP before they took off? RMKR reminds me of NETP. Low volume, not much interest, and then...Boom!
NETP took about 4 months. RMKR is working on 2.

biz.yahoo.com

Rainmaker Systems Helps Norton Antivirus Customers Renew Upgrade Insurance And GoldCare Support Subscriptions
SCOTTS VALLEY, Calif., Jan. 18 /PRNewswire/ -- Rainmaker Systems (Nasdaq: RMKR - news), a leading provider of web-based Customer Relationship Management (eCRM) services today announced that Symantec has hired Rainmaker to perform Renewal services for small businesses using Symantec's Norton AntiVirus whose upgrade insurance is expiring. As part of the agreement, Rainmaker will continue to provide the web-based Attachment services for Symantec's GoldCare Support Program, which it has been providing since March 1999.

``Rainmaker's services have helped to educate our corporate customers about Symantec's technical support programs and allowed them to more easily subscribe to those programs,' said Keith Robinson, vice president of Americas sales and marketing at Symantec. ``This agreement extends our relationship with Rainmaker to provide that service to our Norton AntiVirus small business customers who need to renew their upgrade insurance.'

Symantec's Norton AntiVirus, designed to keep corporations protected from the latest viruses, provides a one-year contract for upgrade insurance. Rainmaker will focus on small businesses using Norton AntiVirus and leverage Rainmaker's proprietary multi-step Renewals systems and methodology, to ensure Norton AntiVirus small business customers are aware of the Norton AntiVirus offer well in advance of expiration, and know the benefits of renewing.

``We are pleased to have earned this additional way to provide eCRM services for Symantec,' said Janice Wissler, executive vice president worldwide sales and marketing for Rainmaker. ``Expanding the relationship to include Renewals for their flagship Norton AntiVirus product, and extending the Attachment contract gives us an even greater opportunity to add value to Symantec and its customer relationships.'

About Rainmaker Systems

Rainmaker Systems is a leading provider of web-enabled Customer Relationship Management (eCRM) services to software and other technology companies. By integrating technologies, processes and people, the company provides a transparent customer relationship infrastructure for its clients. Its sophisticated eSales and eMarketing programs are designed to increase revenue per customer, strengthen customer loyalty, and improve awareness of clients' products and services such as software subscriptions, support contracts, and education services. For more information visit www.rmkr.com.

Cautionary Note Regarding Forward-looking Statements Under the Private Securities Litigation Reform Act of 1995: Information in this release that involves Rainmaker's expectations, beliefs, hopes, plans, intentions or strategies regarding the future are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Rainmaker as of the date of the release, and the Company assumes no obligation to update any such forward-looking statement. These statements are not guarantees of future performance and actual results could differ materially from the company's current expectations. For further discussion of the risks and uncertainties, readers should refer to the Company's registration statement on Form S-1 tions...declared effective by the Securities and Exchange Commission (``SEC') on November 16, 1999.

NOTE: Rainmaker Systems and the Rainmaker logo are trademarks of Rainmaker Systems, Inc. All other trademarks are the property of their respective owners.

CONTACT: Jennifer Higuchi of Nadel Phelan, Inc., 831-439-5570, ext. 225, or jenniferh@nadelphelan.com, for Rainmaker Systems; or Wink Grelis of Rainmaker Systems, 831-440-5067, or wink.grelis@rmkr.com

SOURCE: Rainmaker Systems
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