PRESS RELEASE

Contact Information

Raining Data Corporation Announces
First-Quarter FY 2002 Results

• Achieves positive EBITDA in second consecutive quarter following acquisition
• mvDesigner continues to gain momentum

IRVINE, CA., August 21, 2001-Raining Data Corporation (NASDAQ: RDTA) today announced financial results for the first quarter of the Company's fiscal year 2002.

Revenue for the first quarter ended June 30, 2001 totaled $6.0 million compared to $986,000 for the first quarter ended June 30, 2000. This revenue increase reflects the second full quarter of combined operations following the acquisition of PickAX, Inc., the holding company for Pick Systems, in December 2000.

Earnings before interest, taxes, depreciation, and amortization (EBITDA) were a positive $240,000 for the quarter ended June 30, 2001 as compared to an EBITDA loss of $1.6 million for the quarter ended June 30, 2000. The operating loss for the first quarter ended June 30, 2001 was $2.4 million, which included $200,000 in depreciation and amortization expense, $286,000 in non-cash compensation charges, and $2.1 million in goodwill amortization. Operating losses for the first quarter ended June 30, 2000 were $1.9 million, which included $79,000 in depreciation and amortization expense and $269,000 in non-cash compensation charges. Net losses for the first quarter ended June 30, 2001 were $3.3 million, or $(0.20) per share compared to a loss of $2.0 million, or $(0.19) per share in the first quarter ended June 30, 2000.

Bryce J. Burns, Chairman of Raining Data commented, " We continue to meet our primary objective following the acquisition of PickAX, which is to operate at positive cash flow while we integrate the technologies of Omnis Technology and Pick Systems. We expect mvDesigner, which is our newest product announced in May at our Worldwide User Conference in Long Beach, California, to continue to work its way into the multivalue marketplace in the coming months. This product combines the latest innovations from Omnis and Pick to provide our expanded base of customers with the technology they need to extend their existing applications to a graphical user interface (GUI) and the Web. Feedback from the initial users of mvDesigner has been very encouraging."

mvDesigner is a rapid application development (RAD) tool which brings an elegant graphical user interface (GUI) and object-oriented development methodology to the multivalue database market. mvDesigner also simplifies the transition to an event-driven programming environment for a multivalue developer, while allowing the preservation of existing investment in business rules (program logic) and database design. In addition, mvDesigner applications can be deployed to thick, thin, or even ultra-thin client environments.

About Raining Data

Raining Data Corporation, headquartered in Irvine, California, offers a comprehensive suite of high-performance, cost-effective software infrastructure solutions that enable developers to create highly scalable, enterprise-level Web-enabled applications. With a powerful range of low-cost, quick-to-market alternatives, the new product platform is designed to meet the needs of Raining Data's large combined base of existing customers as well as new eBusiness software developers.

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 ultrathin-client database applications; and 3) a family of multidimensional database management products that are the choice of application developers worldwide.

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, mv.BASE, Omnis, Omnis Studio, Power95, R91, AP, Mentor, and Pick Systems are registered trademarks of Raining Data Corporation.