PRESS
RELEASE
Contact
Information
Raining
Data Corporation
17500 Cartwright Rd.
Irvine, CA 92614-5846
Brian C. Bezdek, Vice President of Finance
Phone: (949) 442-4400
Fax: (949) 250-8187 |
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Raining
Data Corporation Announces
Management Changes
Brian
C. Bezdek named Vice President of Finance,
Corporate Controller and Secretary
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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