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PRESS RELEASE

Contact Information

Raining Data Corporation
Phone: (949) 442-4400
Fax: (949) 250-8187

Investor/Financial Contact:
Brian C. Bezdek, Vice President, Finance
brian.bezdek@rainingdata.com

Marketing/Press Contact:
Boris Geller, Vice President, Market Development
boris.geller@rainingdata.com

Raining Data Aligns Management Team
to Drive New Business Opportunities

IRVINE, CA., December 16, 2002

Boris Geller Vice President, Market Development to Lead XML Data Management Business

Raining Data Corporation (NASDAQ: RDTA), a long-time provider of scaleable, flexible and reliable data management software, today announced the appointment of Boris Geller Vice President, Market Development, to lead Raining Data’s new XML market initiatives.

Geller, who joined the company earlier in 2002, will continue to report directly to Carlton H. Baab, President and CEO of Raining Data Corporation. Geller will be responsible for product, marketing, business and channel development strategies, operations and delivery of the company’s new high-performance XML data management solutions that streamline access to a variety of critical business data. In this role, Geller will nurture relationships with industry analysts and build strategic alliances with channel partners and systems integrators who are currently developing XML applications for major enterprise customers in financial services, healthcare, telecommunications, and higher education industries. Geller will also lead integrated messaging, branding and positioning efforts to expand the company’s presence in new markets while continuing to serve existing customers.

“This alignment of the executive management team focuses our ability to deliver infrastructure software for eBusinenss and Web Services environments,” said Carlton H. Baab. “Boris has a successful track record of launching new enterprise software products that solve critical problems for Fortune 1000 customers. His experience in cultivating channels, strategic alliances, and relations with development community expands our bench strength to build an ecosystem around our products as we continue to take advantage of new business opportunities,” added Baab.

Geller has extensive experience in devising and executing product, marketing, channel and partner strategies at globally established and dynamically growing enterprise IT companies. Geller joined Raining Data from SteelEye Technology, an enterprise data and applications reliability software company, where he was a Vice President, Marketing. Prior to that, Geller served as a Senior Director, Marketing and Alliances for BEA Systems, the world’s leading application infrastructure software company, where he took a key role in launching the company’s enterprise application integration and Java application components business units. Before joining BEA, Geller held a variety of executive and senior management positions in product, market, and business development organizations at BMC/BGS, HP/Digital Equipment Corp., and Legato/Qualix.

“Joining Raining Data was a unique opportunity to be part of a well established company at an exciting point when the adoption of XML and Web Services continues to build momentum. We are now well aligned to take advantage of that momentum,” said Geller. “Raining Data’s seasoned management team, rich heritage in delivering enterprise-grade software and established global presence provide a solid foundation to deliver scaleable and extensible solutions for enterprise customers building new Java and XML applications that require next-generation, high-performance XML data management infrastructure.”

About Raining Data

Raining Data Corporation (NASDAQ: RDTA), headquartered in Irvine, California, has been providing reliable data management and rapid application deployment solutions for developers of innovative applications for more than two decades. Raining Data's flagship products include: 1) D3®, mvEnterprise® and mvBase® family of powerful Pick® based hierarchical multi-dimensional database management systems that are the choice of thousands of application developers worldwide; 2) mvDesigner®, an object-oriented rapid application development (RAD) tool used to build 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.

The Raining Data customer installed base includes more than 500,000 active users, representing over 20,000 unique customer sites worldwide and a significant base of diverse vertical applications. With over 140 employees in four countries, the company has an extensive distribution channel, a global 24x7 customer support and a strong international presence. More information about Raining Data and its products can be found at www.rainingdata.com

The statements contained in this release that are not historical facts may constitute forward-looking statements and are subject to risks and uncertainties. Actual results could differ materially from those expressed in any such forward-looking statements. Please consult the various reports and documents filed by Raining Data 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.

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

 

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