Dataram to Raise $659,250 in Registered Direct Offering

  Dataram to Raise $659,250 in Registered Direct Offering

Business Wire

PRINCETON, N.J. -- March 20, 2014

Dataram Corporation (NASDAQ:DRAM) announced today that it has entered into a
definitive agreement to sell $659,250 of its common stock to institutional
investors in a registered direct offering.

Under the terms of the purchase agreement, Dataram will sell 219,750 shares of
its common stock at $3.00 per share. Dataram will receive approximately
$583,000 in net proceeds from the offering. The offering is expected to close
on or about March 21, 2014, subject to customary closing conditions.

Tripoint Global Equities, LLC will act 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 common stock described above is 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 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, storage 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
Marc P. Palker, 609-799-0071
Chief Financial Officer
info@dataram.com
 
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