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Dataram Contact: Investor Contact:
Mark Maddocks, Tim Curtiss, Wall Street Investor
Chief Financial Officer Relations Corp.
609-799-0071 216/831-6532
[email protected] [email protected]
DATARAM SEES STRONG GROWTH, ADDS CAPACITY
PRINCETON, NJ, April 18, 2000 -- Dataram Corporation (NASDAQ: DRAM), a
leading supplier of advanced memory to the network server market, has
begun a significant expansion. Over the next year, a newly installed
production line, featuring a Panasonic high-speed chip mounter will
contribute to a doubling of production capacity and gains in precision.
These improved capabilities reinforce Dataram's leading position in the
advanced memory market.
Robert Tarantino, chairman and CEO, noted, "We continue to experience
strong growth, and the outlook for our industry is bright. Our increasing
customer base includes Internet service providers, financial
institutions, large corporations, electronic contract manufacturers and
systems integrators. Their appetite for high capacity memory continues to
grow rapidly, driven by explosive increases in Internet activity. Today's
applications require bandwidth measured in thousands of bits per second.
Tomorrow's Internet will deliver services that require network servers to
handle bandwidth measured in millions of bits per second. Servers must
have ample memory to process transmissions at these speeds. Memory is one
of the most important components of the internet."
Mark Maddocks, CFO, stated, "We are pleased to announce this significant
increase in our production capacity. Investing in the future growth of
our business is the most profitable use of our shareholders' capital.
This expansion is a key element of our high-growth strategy."
Dataram Corporation is a leading provider of gigabyte memory upgrades for
network servers. The company specializes in the manufacture of large-
capacity memory boards for Compaq/Digital, Dell, Hewlett-Packard, IBM,
Intel, Silicon Graphics and Sun Microsystems computers.
Information provided in this press release may include forward-looking
statements relating to future events, such as the development of new
products, the commencement of production, or the future financial
performance of the Company. Actual results may differ from such
projections and are subject to certain risks including, without
limitation, risks arising from: changes in the price of memory chips,
changes in the demand for memory systems for workstations and servers,
increased competition in the memory systems industry, delays in
developing and commercializing new products and other factors described
in the Company's most recent Annual Report on Form 10-K, filed with the
Securities and Exchange Commission, which can be reviewed at
http://www.sec.gov
