PRESS RELEASE Contact Information
Raining
Data Corporation IRVINE, Calif., Jan. 23, 2001--Raining Data Corporation formerly known as Omnis Technology Corporation, announced today that Mario I. Barrenechea has been promoted to Senior Vice President, Sales & Marketing. Barrenechea has been serving as Raining Data's Vice President, Marketing & eCommerce. ``I am very pleased to announce today's well-deserved promotion,'' said Rich Lauer, President of Raining Data. Lauer continued, ``Mario will be leveraging his 16 years of senior management experience in technology companies to continue building and strengthening our worldwide sales and marketing effort. Mario's extensive background in both multidimensional databases and RAD development tools make him uniquely suited for this extremely important and demanding role. In the near term, he will lead the cross-selling efforts of our flagship products, Omnis Studio® and D3® to Raining Data's combined customer base.'' Mario Barrenechea joined Pick Systems in April 2000 as Vice President, Marketing & eCommerce. Mr. Barrenechea has over 16 years of senior management experience primarily with technology companies. He has held executive positions at Ardent Software, Inc., Unidata, Inc., System Builder Technologies and InSync International, Inc. From 1998 until he joined Pick Systems, Mr. Barrenechea served as Ardent Software's Director of Product Marketing for their Database & Tools products. About Raining Data Raining Data Corporation, headquartered in Irvine, California, was created as a result of the December 1, 2000 merger of Omnis Technology Corporation and Pick Systems. With over 175 employees in five countries, Raining Data's pro forma combined revenue for the fiscal year ended March 31, 2000 exceeded $23 million. The combined Company now 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 eCommerce software developers. Raining Data's flagship products are: 1) Omnis Studio® -- a powerful, cross-platform, object-oriented rapid application development (RAD) tool that is ideally suited for developing sophisticated thick, thin, or ultra-thin client-based applications, and 2) D3® -- a multidimensional database management system that is the choice of thousands 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 of expense reductions, emerging trends, operating performance and market opportunities. 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. You should 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/A for the last fiscal year of the Company. 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. ©2001 Raining Data Corporation. All Rights Reserved. PICK Systems and D3 are registered trademarks of PICK Systems, Inc. Omnis is a registered trademark of Omnis Software Limited, a subsidiary of Raining Data Corporation. Omnis Studio and Omnis 7 are trademarks of Raining Data Corporation. All other products or service names mentioned herein are trademarks of their respective owners. |
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