PRESS RELEASE

Contact Information

Raining Data Corporation Announces
Third Quarter FY 2002 Results

• Reports Increased Revenue for Quarter and Year to Date
• Reports Positive EBITDA for Quarter
• Files 10-QSB and Amended Reports

IRVINE, CA., March 21, 2002- Raining Data Corporation (Nasdaq: RDTA(E)) today announced financial results for the third quarter of the company's current fiscal year. Revenue for the quarter ended December 31, 2001 totaled $5.1 million compared to restated revenue of $4.6 million for the immediately preceding quarter and $2.3 million for the restated third quarter of last fiscal year.

Revenue for the nine-month period ended December 31, 2001 totaled $14.9 million compared to $4.4 million for the same period in the prior fiscal year. This increase reflects three full quarters 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) improved to a positive $141,000 for the quarter ended December 31, 2001 compared to a negative EBITDA of $1.1 million for the immediately preceding quarter and a negative EBITDA of $1.6 million for the third quarter of last fiscal year.

"We are pleased with the results of the cost reduction efforts taken during the last fiscal quarter. The financial fundamentals of the company continue to strengthen. Cash increased to $3.9 million from $3.4 million last quarter," explained Carlton H. Baab, President & CEO of Raining Data Corporation.

On March 21, 2002, Raining Data Corporation filed with the SEC, an amended Form 10-KSB/A for the fiscal year ended March 31, 2001, amended Forms 10-QSB/A for the quarters ended June 30, 2001 and September 30, 2001, and the Form 10-QSB for the quarter ended December 31, 2001. The amended reports reflect the company's restatement of its financial results for the relevant periods, as preliminarily described in the company's press release dated February 14, 2002.

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. Actual results could differ materially due to several factors. 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 each as it may be amended from time to time 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 period ended December 31, 2001 are not necessarily indicative of the company's operating results for the full fiscal year or any future periods.

mvDesigner, D³, mvEnterprise, mvBase, Omnis, Omnis Studio, Power95, R91, AP, Mentor, and Pick Systems are registered trademarks of Raining Data Corporation.