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Dataram Launches Financial Services Group
September 15, 2009
Growth in the Financial Services Industry
Princeton, NJ—September 15, 2009—Dataram Corporation [NASDAQ: DRAM], capitalizing on its 42 year history of delivering meaningful operational improvements and measurable total cost of ownership reductions to an impressive list of financial service customers, today formally announced the formation of its Financial Services Practice. The newly formed practice will provide unique insight into the most memory-intensive and performance-driven applications within the financial services industry. Dataram memory solutions have a track record of delivering significant performance and optimization improvements in critical applications, such as, Market Analytics, Real-Time Securities Trading, Trade Processing, Data Mining, High Volume Transaction Processing, Trade Execution and Settlement, and Market Risk Calculations.
Bruce Magath, Dataram’s VP of Marketing and Strategy stated, “Our memory specialists are highly skilled in deploying the most reliable memory solutions that result in substantial performance improvements for our financial services customers. Furthermore, Dataram sees tremendous opportunity and value by offering high performance memory solutions that immediately reduce operating expenses and substantially lower total cost of ownership.”
To compliment this strategy, Dataram has formed a financial services advisory board made up of experienced senior executives who provide strategic advice on how to best serve their industry. At the grass-roots level, Dataram also operates a financial services performance and optimization computing user group. This group provides critical insight into the everyday challenges and computing problems faced by the financial services industry.
Combined with Dataram’s recent announcement to offer a unique storage product, the formation of this group further establishes the company as a value added solution provider with the capabilities necessary to address the unique IT challenges facing specific industry verticals.
Founded in 1967, Dataram is a worldwide leader in the design and manufacture of reliable, high capacity and innovative memory solutions. Dataram provides customized memory solutions for OEMs and memory upgrades for leading brands including HP, IBM, Sun Microsystems, Dell, Intel and AMD Opteron. For more information on all Dataram’s memory offerings, visit www.dataram.com.
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