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Operational Improvements Have Delivered More Than $3.5 Million in Annual Cash Savings

June 4, 2015

Princeton, NJ, June 4, 2015 — Dataram Corporation [NASDAQ: DRAM] announced today that it has continued to successfully implement its aggressive transformation intended to refocus the business on providing traditional memory solutions, improve its market position, and return the Company to profitability.

As part of this effort, the Company began taking aggressive measures in late November to increase the efficiency of its operations and improve the affordability of its products and services. To date, the Company has implemented actions resulting in approximately $3.5 million in annual cash savings for Dataram Corporation, which is approximately $1.3 million greater than projected in the Company's January 28, 2015 press release. These cost reductions have been achieved through organizational realignment, space reduction, network optimization, benefits improvements, contract renegotiations, and improved purchasing and supply management.

In addition to bottom line improvements, these efforts have resulted in a leaner, more flexible workforce which can better respond to market and customer needs. Additional efforts are planned to improve performance, increase revenues, and return Dataram to profitability.

"Investors and customers alike approve of our continued efforts. Not only has Dataram established a strong foundation from which to grow, we have reignited the entrepreneurial spirit upon which the company was founded nearly 50 years ago. We have demonstrated flexibility and nimbleness in the market which our customers demand, and delivered quantifiable results to our shareholders" said Dave Moylan, Dataram's Chairman and Chief Executive Officer (CEO). "We are reinventing ourselves, and look forward to a strong and viable future."

 

About Dataram Corporation
Dataram is a leading independent manufacturer of memory products and provider of performance solutions that increase the performance and extend the useful life of servers, workstation, desktops and laptops sold by leading manufacturers such as Dell, Cisco, Fujitsu, HP, IBM, Lenovo and Oracle. Dataram's memory products and solutions are sold worldwide to OEMs, distributors, value-added resellers and end users. Additionally, Dataram manufactures and markets a line of Intel Approved memory products for sale to manufacturers and assemblers of embedded and original equipment. 70 Fortune 100 companies are powered by Dataram. Founded in 1967, the Company is a US based manufacturer, with presence in the United States, Europe and Asia. For more information about Dataram, visit www.dataram.com.

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All names are trademarks or registered trademarks of their respective owners.

The information provided in this press release may include forward-looking statements relating to future events, such as the development of new products, pricing and availability of raw materials 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, increased competition in the memory systems industry, order cancellations, 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 www.sec.gov. The Company has based these forward-looking statements on its current expectations and assumptions about future events. While management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory, and other risks, contingencies, and uncertainties, most of which are difficult to predict and many of which are beyond the Company's control. The Company does not assume any obligations to update any of these forward-looking statements.

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