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PRESS RELEASE

Contact Information

Bill Scott, VP Marketing
Raining Data Corporation
949-260-5218
bill.scott@rainingdata.com

Raining Data Corporation Releases Beta Version of mvDesigner

New product extends graphical development environment and
Web deployment to MultiValue applications.

IRVINE, Calif. - (BUSINESS WIRE) - May 1, 2001 - Raining Data Corporation (Nasdaq Small Cap: RDTA) today announced the release of the beta version of its newest product, mvDesigner. Created specifically for renewal of existing multidimensional database applications, mvDesigner is a full-featured graphical environment that allows developers to quickly and easily create rich GUI interfaces for client/server and Web-based deployment, thereby increasing ease of use and marketability of their solutions. This is done by utilizing business rules inherent in the existing application, and without the need for extensive rewriting of existing code or prohibitive learning curves often associated with the adoption of new tools.

"mvDesigner will dramatically enhance and revitalize our partners' commercial applications, opening doors to new markets and opportunities for them," said Rich Lauer, President of Raining Data. "This technology demonstrates our continuing commitment to developers in the MultiValue database market, and our ability to provide a leading edge environment to leverage their proven intellectual capital in the most cost-effective and productive manner possible." Release of the product will coincide with Raining Data's Worldwide User Conference at the end of May.

Based on a combination of two Raining Data technologies, the Omnis Studio Rapid Application Development suite and the FlashCONNECT API, mvDesigner is the first tool set to allow an object-oriented front-end application to natively execute server-based business rules (BASIC subroutines) in an existing multidimensional database application. Developers can build client/server and Web-based interfaces, as well as edit, create and link business rules to objects in the user interface, using the wizards, objects and other drag-and-drop functionality in mvDesigner.

Lauer went on to say, "There has never been a better solution for MultiValue database application developers to extend the reach of their existing solutions to the Web while preserving their current investment in the underlying database technology, skill sets and infrastructure. While mvDesigner is an ideal environment for renewing existing applications, it is equally well suited to the creation of new solutions. By providing our partners with a comfortable starting point in this new environment, we are opening the door to unlimited future possibilities."

About Raining Data

Raining Data Corporation, headquartered in Irvine, California, was created as a result of the December 1, 2000 merger of Omnis Technology Corporation and Pick Systems. With over 175 employees in five countries, Raining Data's pro forma combined revenue for the fiscal year ended March 31, 2000 exceeded $23 million.

The combined Company now offers a comprehensive suite of high-performance, cost-effective software infrastructure solutions that enable developers to create highly scalable, enterprise-level Web-enabled applications. With a powerful range of low-cost, quick-to-market alternatives, the new product platform is designed to meet the needs of Raining Data's large combined base of existing customers as well as new eBusiness software developers.

Raining Data's flagship products are: 1) Omnis Studio® -- a powerful, cross-platform, object-oriented rapid application development (RAD) tool that is ideally suited for developing sophisticated thick-client, Web-client, or ultra thin-client applications, and 2) a family of multidimensional database management products that are the choice of thousands of application developers worldwide. For more information, visit the company website: www.rainingdata.com

The statements in this press release that are not historical facts are forward-looking statements, including but not limited to discussions of emerging trends and market opportunities. 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. You should 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/A for the last fiscal year of the Company. 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.

: ©2001 Raining Data Corporation. All Rights Reserved. Omnis Studio and PICK Systems are registered trademarks of Raining Data Corporation. Omnis is a registered trademark of Raining Data UK Limited, a subsidiary of Raining Data Corporation.

 

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