PRESS
RELEASE
Contact
Information
Raining
Data Corporation Announces Shipment of mvDesigner
Powerful
development suite will enhance and
extend commercial applications.
Irvine,
CA (June 11, 2001) Raining Data Corporation (NASDAQ: RDTA)
today announced that it began shipment last week of mvDesigner,
the first object-oriented rapid application development (RAD)
tool developed for use with multidimensional database applications,
to customers worldwide.
Mario
Barrenechea, Senior Vice President of Sales and Marketing at
Raining Data, said, "In today's competitive landscape,
productivity, flexibility and time to market are necessary ingredients
for successful implementation of software applications. mvDesigner
leverages multidimensional technology with an innovative object-oriented
component base approach, open connectivity, and multi-device
deployment capabilities in a simple yet comprehensive fashion."
Mr.
Barrenechea continued, "We are very excited about mvDesigner.
Our customers are already experiencing ten-fold productivity
increases. The raw power of object-oriented development coupled
with multidimensional and relational database technologies has
been unleashed. We expect to see a new breed of B2B Internet-enabled
solutions built on mvDesigner coming to market very soon."
Initial
response from the entire MultiValue community to mvDesigner
has been overwhelmingly positive. Raining Data has aggressively
expanded its training offerings to meet the explosive demand
from the early adopters of this technology. mvDesigner is currently
available for Raining Data's D3 DBMS, and will soon
be available for mv.ENTERPRISE, mv.BASE, Universe and UniData.
About
Raining Data
Raining
Data Corporation, headquartered in Irvine, California, 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 base of existing customers as well as new eBusiness
software developers.
Raining
Data's flagship products are: 1) mvDesigner, the first 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 ideally suited for developing sophisticated thick-client,
Web-client, or ultrathin-client database applications, and 3)
a family of innovative multidimensional database management
products that are the choice of thousands of application developers
worldwide.
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.
mvDesigner,
D3, mv.ENTERPRISE, mv.BASE and Omnis Studio are registered
trademarks of Raining Data Corporation. Omnis is a registered
trademark of Raining Data UK Limited, a subsidiary of Raining
Data Corporation. All other products are trademarks of their
respective manufacturers.
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