Rainmaker Systems Inc. Announces Master Services Agreement with Comcast Cable Communications Management
June 21, 2012 at 06:03 am EDT
Share
On June 15, 2012 Rainmaker Systems Inc. finalized a Statement of Work (SOW") under its Master Services Agreement (MSA) with Comcast Cable Communications Management, LLC (Comcast") under which the company will provide its e-commerce platform and telesales services to drive subscription sales to business customers for certain Comcast products and services. The SOW is the result of a successful conversion of a pilot program. The initial term of the SOW is thirty-one months measured from June 1, 2012 through December 31, 2014, with renewal options thereafter. The SOW may be terminated prior to the expiration of its term upon 90 days notice. The SOW is based on a revenue share model under which the Company will share a percentage of the revenue generated under the program. Revenue from all business with Comcast is expected to exceed $10 million over the next thirty-one months.
Rainmaker Systems, Inc., is an enterprise solutions company. Rainmaker Systems, Inc. and its subsidiaries are focused on serving business enterprises to help increase sales to small and medium sized businesses. The Company's services include lead generation services, SMB sales and contract renewals and training. The Company has developed the Rainmaker Revenue Delivery Platform which combines sales and marketing services coupled with renewals software and business analytics. The Companyâs services include marketing strategy development, personalized renewals and subscription e-commerce and microsite creation and hosting, inbound and outbound e-mail, direct mail, chat, and call center services across the world. The Companyâs ViewCentral SaaS platform provides an end-to-end solution for the management and delivery of training programs for corporations. The ViewCentral Learning Management System platform is a SaaS, cloud based, on-demand, training management system.