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Rainmaker Expands Contract Sales With Existing Fortune 50 Hardware Client
Rainmaker Systems, Inc. (Nasdaq: RMKR - News), a leading provider of sales and marketing solutions combining hosted application software and execution services, today announced that it has further expanded its relationship with its current Fortune 50 Hardware client, this time by adding a third business unit to deploy warranty service upgrades and extensions.
Rainmaker has supported renewals for this global leader since 2000; in 2006, the Master Service Agreement with this client was extended and expanded into 2010 to include a portion of their major accounts business segment. Significant extensions and expansions also occurred in 2007, when the client extended its existing agreement for lead development services for an additional 18-month term, and added a comprehensive resale channel contract sales solution supported by Rainmaker's hosted technology.
"We are pleased that our client recognizes the value of our people, technology and solutions, and continues to reward us with additional pieces of their business across their enterprise," said Michael Silton, Rainmaker's CEO. "The addition of a third business unit to this particular contract is a testament to our ability to deliver revenue through our contract sales solution."
Rainmaker has supported renewals for this global leader since 2000; in 2006, the Master Service Agreement with this client was extended and expanded into 2010 to include a portion of their major accounts business segment. Significant extensions and expansions also occurred in 2007, when the client extended its existing agreement for lead development services for an additional 18-month term, and added a comprehensive resale channel contract sales solution supported by Rainmaker's hosted technology.
"We are pleased that our client recognizes the value of our people, technology and solutions, and continues to reward us with additional pieces of their business across their enterprise," said Michael Silton, Rainmaker's CEO. "The addition of a third business unit to this particular contract is a testament to our ability to deliver revenue through our contract sales solution."
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