Dataram to Raise $.8 Million in Registered Direct Offering

  Dataram to Raise $.8 Million in Registered Direct Offering

Business Wire

PRINCETON, N.J. -- September 19, 2013

Dataram Corporation (NASDAQ:DRAM) announced today that it has entered into a
definitive agreement to sell $.8 million of its common stock and warrants to
institutional investors in a registered direct offering.

Under the terms of the purchase agreement, Dataram will sell 350,931 shares of
its common stock at $2.30 per share, and warrants to purchase up to an
aggregate of 350,931 shares of common stock at an exercise price of $3.50 per
share. The warrants will be exercisable beginning in six months from the
closing date of the offering and will expire five years from the date they
first become exercisable. Dataram will receive approximately $.75 million in
net proceeds from the offering. The offering is expected to close on or about
September 23, 2013, subject to customary closing conditions.

Tripoint Global Equities, LLC acted as the exclusive placement agent for the
offering.

Net proceeds from the offering will be used to meet working capital needs and
for general corporate purposes. John Freeman, CEO, stated "with these funds we
can continue to expand our strategic relationship with Advanced Micro Devices
("AMD") and add more outlets for the sale of our AMD branded product lines."

The securities described above are being offered pursuant to an effective
registration statement, and may be made only by means of a prospectus and
prospectus supplement. A copy of the prospectus supplement relating to the
common stock and warrants can be obtained from Tripoint Global Equities, LLC,
130 West 42^nd Street, 10^th Floor, New York, NY 10036, or by calling
212-732-7184. An electronic copy of the prospectus supplement will also be
available on the website of the Securities and Exchange Commission (the “SEC”)
at http://www.sec.gov. This press release is neither an offer to sell, nor a
solicitation of an offer to buy, nor shall there be any sale of, these
securities in any state in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such state.

ABOUT DATARAM CORPORATION

Founded in 1967, Dataram is a worldwide leader in the manufacture of
high-quality computer memory and software products. Our products and services
deliver IT infrastructure optimization, dramatically increase application
performance and deliver substantial cost savings. Dataram solutions are
deployed in 70 Fortune 100 companies and in mission-critical government and
defense applications around the world. For more information about Dataram,
visit www.dataram.com.

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
http://www.sec.gov.

Contact:

Dataram Corporation
Marc P. Palker, 609-799-0071
Chief Financial Officer
info@dataram.com
 
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