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RMKR News from October 15, 2014;

Rainmaker Systems, Inc. (the "Company") and N3 North America, LLC (the “Purchaser”) signed and closed an Asset Purchase Agreement (the "Asset Purchase Agreement") pursuant to which the Company agreed to sell to the Purchaser certain of the Company’s customer contracts and subcontracts, and certain related intellectual property and fixed assets, relating to the Company’s Global Commerce Services business. 
Pursuant to the Asset Purchase Agreement, as consideration for the asset sale, the Company received from the Purchaser (i) a cash payment at closing of $1,000,000 


Focusing on New Lucrative Business - On September 15, 2014, to support the Company’s increased focus on its ViewCentral learning management system division, the Company promoted Terry Lydon, 56, to the position of Executive Vice President and Chief Operating Officer. Mr. Lydon has led the ViewCentral product initiative at the Company since September 2006. 

http://www.viewcentral.com/ - Led by former Nasdaq executives 

ViewCentral Learning Management System: Recurring Revenue for You, Greater Value for Your Customers 

Transforming training management is what we’re all about 

What do HP, Ariba, Synopsys, Abbott and many other companies have in common when it comes to training? As you’ve probably guessed, the ViewCentral learning management system (LMS). And the reason? 

Because our cloud-based LMS, 24x7 services are all about one thing: Training as a profitable business, delivered your way. 

http://www.viewcentral.com/extended-enterprise-training.html ;

ViewCentral LMS for Extended Enterprise Training Has... 

Processed over .5 billion in training revenue 

Trained more than 2 million students 

in over 400,000 courses 

Transacted business in over 40 currencies


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