PRESS RELEASE Contact Information
Raining
Data Corporation Announces Brian
C. Bezdek named Vice President of Finance, IRVINE, CA., April 25, 2002 -The Board of Directors of Raining Data Corporation (NASDAQ: RDTA) today announced the appointment of Brian C. Bezdek as Vice President of Finance, Corporate Controller and Secretary, replacing Scott Anderson, the company's former Vice President of Finance, who has left Raining Data to pursue other business opportunities. Brian Bezdek, 31, joins Raining Data from Activision, Inc. (NASDAQ: ATVI), a leading worldwide publisher, developer and distributor of video games and interactive entertainment products, where he spent the last six years in various corporate finance roles, most recently as Vice President of Finance. During his tenure at Activision, Mr. Bezdek experienced the management of rapid revenue growth from $86 million in FY 1997 to $620 million in FY 2001. Mr. Bezdek, a CPA and CCM, was previously in public accounting. Mr. Bezdek holds a B.S. in Business Administration, from Bowling Green State University. "We are very pleased to have Brian on board at Raining Data" said Carlton H. Baab, President and CEO. "His background and experience with growth oriented and innovative organizations will be very beneficial to Raining Data's future." About Raining Data Raining Data Corporation, headquartered in Irvine, California, offers a suite of software infrastructure products that enable developers to create innovative applications. Raining Data's flagship products are: 1) mvDesigner, an object-oriented rapid application development (RAD) tool developed for use with multidimensional database applications; 2) Omnis Studio® -- a powerful, cross-platform, object-oriented RAD tool that is well suited for developing sophisticated thick-client, Web-client or ultra thin-client database applications; and 3) a family of multidimensional database management products. The statements in this press release that are not historical facts are forward-looking statements, including but not limited to discussions relating to the integration of PickAX and its technologies, ability to operate at positive cash flow and market acceptance of mvDesigner. These forward-looking statements are inherently subject to numerous risks and uncertainties and the Company's actual results could differ materially from those in such forward-looking statements. In particular, among the factors that could cause actual results to differ materially are difficulties related to the integration of the newly acquired business, increased competition, and the timing and market acceptance of new products and services. Please consult the various reports and documents filed by Raining Data Corporation, formerly known as Omnis Technology Corporation, with the U.S. Securities and Exchange Commission, including but not limited to the Annual Report of the Company on Form 10-KSB for the fiscal year ending March 31, 2001. All forward-looking statements are made as of the date hereof and the Company disclaims any responsibility to update or revise any forward-looking statement provided in this news release. mvDesigner, D3, mvEnterprise, mvBase, Omnis, Omnis Studio, Power95, R91, AP, Mentor, and Pick Systems are registered trademarks of Raining Data Corporation.
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