| Business Summary | | Raining
Data
Corporation,
formerly
OMNIS
Technology
Corp.,
develops,
markets
and
supports
software
products
for
the
development
and
deployment
of
applications
for
accessing
multi-user
databases
in
workgroup
and
enterprise-wide
client/server
computing
environments.
The
Company's
family
of
products
is
used
by
corporations,
system
integrators,
small
businesses
and
independent
consultants
to
deliver
custom
information
management
applications
for
a
wide
range
of
users.
The
Company
also
provides
consulting,
technical
support
and
training
to
help
plan,
analyze,
implement
and
maintain
application
software
based
on
the
Company's
technology.
The
Company's
principal
product
offerings
include
the
OMNIS
7(3)
standard
software
and
the
OMNIS
Studio
premium
software,
which,
by
2001,
will
have
replaced
the
OMNIS
7(3).
In
December
2000,
a
wholly
owned
subsidiary
of
OMNIS
merged
with
PickAx,
Inc.
The
combined
company
changed
its
name
to
Raining
Data
Corporation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RDTA
develops,
markets
and
supports
software
products
for
the
development
and
deployment
of
applications
for
accessing
multi-user
databases.
For
the
three
months
ended
6/30/01,
revenues
totaled
$6
million,
up
from
$986
thousand.
Net
loss
rose
66%
to
$3.3
million.
Revenues
reflect
an
increase
in
service
revenues
for
PickAX
from
the
acquisition.
Higher
loss
reflects
additional
activities
from
the
PickAX
acquisition
and
higher
direct
unit
costs
of
the
PickAX
products. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Geoffrey Wagner, 44 Chairman | -- | Carlton Baab, 43 Pres,
CEO | -- | Mario Barrenechea, 40 Sr.
VP of Sales and Marketing | $309K | Scott Anderson, Jr., 56 VP-Fin.,
Treasurer, Sec. | 196K | Dollar amounts are as of 31-Mar-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|