PRESS
RELEASE
Contact
Information
Raining
Data Corporation
17500 Cartwright Rd.
Irvine, CA 92614-5846
Scott Anderson, Vice President-Finance
Phone: (949) 442-4400
Fax: (949) 250-8187 |
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Soheil
Raissi Joins Raining Data as
Vice President of Product Development and Professional Services
IRVINE,
CA., September 18, 2001-Raining Data Corporation (NASDAQ: RDTA)
today announced the appointment of Soheil Raissi as Vice President
of Product Development and Professional Services. Raissi comes
to Raining Data with over twenty years of experience in information
technology, software product development, systems integration
and product marketing.
"We
are very pleased to announce that Soheil has joined the Raining
Data management team," said Carlton H. Baab, President
and CEO of Raining Data. Baab further stated, "Soheil's
broad experience makes him uniquely suited for this important
role. His experience in rapid product development and systems
consulting will be a valuable asset in streamlining our software
development processes, enhancing Raining Data's ability to deliver
products that meet the growing business needs of our customers.
This action reflects our on-going commitment to our current
database and tools product offerings."
Raissi
has extensive experience in managing software product development
organizations as well as building professional services and
consulting practices. Most recently, he served as Vice President
of Product Development at Equative, a software company providing
Web-based project management products. In the past, Raissi has
held senior management positions in product development and
professional services with such companies as Zland.com and CAIR
Systems.
Raissi
was the founder, president and chief product architect of Information
Technology Group, a software development company that provided
records management products and services to Fortune 1000 companies
and government agencies. He also owned Unicom Systems, a consulting
firm that provided software development, technical and management
consulting services to various industries.
The
company also announced that John Bramley would assume the new
role of Vice President, New Applications. In his new role, Bramley
will be focused on Raining Data's strategy to leverage our existing
technologies to create high growth business opportunities for
the company. In addition, Bramley will continue to work closely
with the sales, marketing, customer service and software development
organizations in a capacity which leverages his extensive knowledge
of our current database and tools offerings to produce the future
product roadmap for these offerings. "In his new role John
will be working with technology partners in an effort to expand
our product offerings," stated Baab. Baab continued, "John's
experience with Raining Data technologies and their uses makes
him the ideal candidate to manage our endeavor to find new market
opportunities for our technology."
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 multidimensional database management
systems that are the choice of thousands of application developers
worldwide. Theses include D3®, mvEnterprise®
and mvBase®. 2) mvDesigner, an object-oriented rapid application
development (RAD) tool developed for use with multidimensional
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
statements in this press release that are not historical facts
are forward-looking statements, including but not limited to
discussions relating to the integration of PickAX and its technologies,
ability to operate at positive cash flow and market acceptance
of mvDesigner. 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. In particular, among the factors that could cause
actual results to differ materially are difficulties related
to the integration of the newly acquired business, increased
competition, and the timing and market acceptance of new products
and services. 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 Annual Report of the Company
on Form 10-KSB for the fiscal year ending March 31, 2001. 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, mvEnterprise, mvBase, Omnis, Omnis Studio, Power95,
R91, AP, Mentor, and Pick Systems are registered trademarks
of Raining Data Corporation.
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