VCTL Rainmaker Systems Inc (CE)

Company's Learning Management System Simplifies Registration and Data Collection Process for Organizations and Trainees; Includes Additional Pre-Paid Agreement Options

CAMPBELL, CA--(Marketwired - Jan 21, 2014) - Rainmaker Systems, Inc. (OTCQX: RMKR), a B2B e-Commerce solutions and services provider, today announced a new one-click registration feature has been integrated into the industry-leading ViewCentral Learning Management System (LMS). In addition, the update also introduces enhancements to other features, including the ability to manage both credits and currency for prepaid agreements and greater control and management of user access to applications within the platform.

Simplifying the registration process for trainees, the new one-click registration feature enables users to access training content via a simple click, rather than requiring manual input of contact information. Designed to create a more seamless experience for the user, the one-click registration feature also ensures training providers get access to the information they require, pulling required registration information automatically and transparent to the user.

"Organizations offering training programs are constantly looking for ways to deliver a more seamless experience to their trainees in order to promote continued and expanded viewing," said Terry Lydon, vice president and general manager of Learning Management Services at Rainmaker. "This update allows our clients to simplify often tedious registration processes for users, prompting greater use, while also ensuring the organization gets the valuable data they require."

ViewCentral LMS is a platform uniquely designed to monetize and facilitate the delivery of training and certification programs, enabling organizations to capture both incremental and recurring revenue from subscriptions-based offerings. Managing the process from start to finish, ViewCentral LMS enables organizations to effectively promote available training programs, register participants, handle payment, conduct trainings and fulfill post-session certifications, all from within a single, easy-to-use solution. In addition, ViewCentral LMS simplifies various backend processes, including voucher, tax and international currency conversion management; revenue recognition automation and reporting; and, updating of CRM information through native integration with Salesforce.com.

Additional enhancements introduced in this update, include:

• Monetary Agreements Providing the customer with greater flexibility when redeeming their services, ViewCentral's pre-paid agreements now allow users to purchase services with either credits, currency or both. This gives purchasers greater flexibility in how they would like to structure their pre-paid training agreements.
• Greater Control/Management of Pre-Paid Agreements Pre-paid agreements functionality has been updated with new intuitive credit entry fields including options for discounts and gross amount entry. In addition, ViewCentral now has a key generation tool and enables for greater control via additional key restriction options.
• Application Address Settings Using new settings introduced in this release, administrators can more easily control application access based on the user's location. For each application within ViewCentral LMS (Classroom, eLearning, vClassroom, Replay and Bundle) administrators are able to restrict access based on the user's address, course location address, or bill-to address. Each application can be setup independently of each other, enabling organizations to structure their training programs as needed.

These feature enhancements are currently available to both current and new ViewCentral LMS customers. For additional information about ViewCentral LMS, please visit http://www.rainmakersystems.com/viewcentral.html.

About Rainmaker Systems, Inc. Rainmaker Systems is a B2B e-Commerce solutions and services company that helps organizations of all sizes, ranging from Fortune 500 enterprises to small-to-medium-sized businesses, create new revenue streams from segments of their customer base that extend beyond traditional sales team capabilities. With its unique approach, Rainmaker Systems delivers proprietary cloud-based e-Commerce technology, global and localized sales-assist agents, and best-practice sales and marketing expertise, allowing customers to discover and monetize untapped revenue opportunities.

Rainmaker trades in the U.S. on OTCQX under the symbol "RMKR."

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.

Media Contact: Marta Weissenborn McGrath/Power Public Relations 408-727-0351 Email Contact

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