PRESS RELEASE

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RAINING DATA ANNOUNCES
FISCAL 2003 FIRST QUARTER RESULTS

Company Reports
Third Consecutive Positive EBITDA Quarter
EBITDA Improvement to Six Percent of Revenue
Form 10-QSB Filed

IRVINE, CA., - Raining Data Corporation (Nasdaq: RDTA) today announced financial results for the first quarter of fiscal year 2003. Revenue for the quarter ended June 30, 2002 totaled $4.7 million as compared to revenue of $5.0 million for the quarter ended June 30, 2001.

Earnings (loss) before interest, taxes, depreciation, and amortization (EBITDA) improved to positive $0.3 million for the quarter ended June 30, 2002 or 6 percent of revenue. For the quarter ended June 30, 2001, EBITDA was negative $0.8 million. The Company computes EBITDA, as reflected in the table below, by adding depreciation, goodwill and non-goodwill amortization and non-cash stock-based compensation expense to its GAAP reported operating income (loss).

For the quarter ended June 30, 2002, net loss was $1.7 million as compared to a net loss of $5.5 million for the same period in the prior fiscal year.

Net loss per share was $0.10 for the quarter ended June 30, 2002 as compared to a net loss per share of $0.35 for the quarter ended June 30, 2001.

"During this past quarter the Company continued to improve its operating results as evidenced by achieving its third consecutive quarter of positive EBITDA, with an increase to 6 percent of revenue and improved overall financial results in each of the last three quarters," said Carlton H. Baab, President and CEO. In addition, Baab said, "During the past few months we have been able to successfully negotiate the settlement of all material litigation, all of which was initiated prior to the management changes last fiscal year, and we are now focused on the growth and development of the business. We continue to ramp up our product development efforts and look ahead to the coming quarters with scheduled updates and new releases of our database and RAD products, such as the release of D³ 8.0 on NT, which is currently in beta. In addition, effective August 1st, we implemented a price increase for our database products and support, which we feel is more representative of our products' value in the marketplace."

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) a family of powerful multi-dimensional database management systems that are the choice of thousands of application developers worldwide and include D³®, mvEnterprise® and mvBase®; 2) mvDesigner®, an object-oriented rapid application development (RAD) tool developed for use with multi-dimensional database applications; and 3) 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.

Except for the historical statements contained herein, the foregoing release contains forward-looking statements, including statements regarding the Company's future release of new products and updates. Actual results could differ materially due to several factors, including but not limited to the availability of adequate liquidity, the Company's ability to maintain market share for its existing products, the success of its research and development efforts to penetrate new markets, the market acceptance of the Company's new products and updates, technical risks related to such products and updates and other risks and uncertainties. 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 Company's most recent reports on Form 10-KSB and Form 10-QSB for factors potentially affecting the company's future financial results. 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. The Company's results for the quarter ended June 30, 2002 are not necessarily indicative of the Company's operating results for any future periods.

mvDesigner, D³, mvEnterprise, mvBase, Omnis, Omnis Studio and Raining Data are registered trademarks of Raining Data Corporation.