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PRESS RELEASE

Contact Information

Raining Data Corporation
17500 Cartwright Rd.
Irvine, CA 92614-5846
Scott Anderson, Vice President-Finance
Phone: (800) 367-7425
Phone: (949) 442-4400
Fax: (949) 250-8187

Raining Data Announces
Senior Management Changes

Carlton H. Baab named President and CEO,
Geoffrey P. Wagner named Chairman of the Board.

IRVINE, CA., August 28, 2001-The Board of Directors of Raining Data Corporation (NASDAQ: RDTA) today announced several organizational changes. Carlton H. Baab, a broadly experienced technology executive and a Managing Principal with Astoria Capital Management, has been named President and CEO. Geoffrey P. Wagner, who has served as a member of the Board of Directors since 1998, was also named Chairman of the Board. Bryce Burns, the company's former Chairman of the Board and Interim CEO will continue as a member of the Board of Directors. The senior management changes were made to replace Richard Lauer, the company's former President and COO, and Tim Holland, former Chief Technical Officer, both who will be leaving Raining Data to pursue other business opportunities.

Carlton H. Baab, 43, joins Raining Data with more than 18 years of experience in general management, marketing and financial management, primarily in the technology industry. Mr. Baab previously served as Chief Operating Officer and Chief Financial Officer of RemarQ Communities, a web-based provider of discussion group services, before it was acquired by Critical Path in 2000. From 1994 to 1998, Baab served as Executive Vice President and Chief Financial Officer of CKS Group, a leading internet and marketing consulting firm, before it was acquired by USWeb in December 1998. Baab holds a B.S. in Electrical Engineering, with honors, from the University of Southern California and an M.B.A. from the Harvard Graduate School of Business Administration.

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

 

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