FOR IMMEDIATE RELEASE                   CONTACT: Mark Maddocks
                                          Vice-President, Finance
                                        Telephone: (609) 799-0071


                    DATARAM REPORTS IMPROVED 
               FIRST QUARTER FISCAL '97 EARNINGS

PRINCETON, NJ, August 8, 1996 -- Dataram Corporation (AMEX: DTM)
reported higher earnings on increased unit volume for the first
quarter of fiscal 1997, Robert V. Tarantino, president and chief
executive officer, announced today.

     Net earnings for the first quarter ended July 31, 1996 were
$964,000, or $.26 per share, compared to $537,000, or $.14 per
share, for the comparable prior year period.  Revenues were $17.4
million versus $24.9 million.

     "We are pleased with our ability to achieve profitable
performance during a period of declining selling prices in the
memory industry," Tarantino stated.  "The price of DRAM chips
which account for approximately 90 to 95 percent of our product
cost has declined by more than 75 percent in the past year.
Competitive conditions have compelled us to pass these cost
savings through to our customers. Increased unit volume has
partially offset the reduction in selling prices. Total megabytes
shipped have increased by approximately 110% in the first quarter
versus the same period last year." 

     Tarantino attributed the improved operating performance to
tenacious purchasing and materials management. Volume increases
are also creating significant economies of scale.



     Continued....
Dataram Earnings Release - Page 2                                 


     "We are also exploring new marketing avenues to stabilize
revenues," Tarantino declared.  "While maintaining tight control
of our operating expenses, we have made strategic additions to
our sales staff to accelerate our ability to service new and
existing customers."

     Dataram purchased 323,400 shares of its common stock as part
of a previously announced stock repurchase plan intended to
enhance shareholder value. "Shareholders will realize most of the
benefit in the reduction in shares outstanding starting in the
second quarter," Tarantino said. The Company has maintained a
strong financial position, with no outstanding debt, $8.9 million
cash on hand and an available $11 million credit line.

     "The computer memory industry is sustaining its dynamic
growth and Dataram is capitalizing on its reputation and thirty
years of industry experience and expertise to obtain a healthy
share of this growth.  We are favorably positioned to maintain
our momentum in an industry currently experiencing high volume
and lower selling prices."

     Dataram develops, manufactures and markets quality computer
memory products for workstations, servers and personal computers. 
                          
                                                                  
     Continued....     
Dataram Earnings Release - Page 3


               Dataram Corporation and Subsidiary
                Consolidated Summary Information
             (In thousands except per share amounts)

                                              Quarter Ended
                                                 July 31,

                                            1996         1995



     Revenues                              $17,448      $24,885   
                      

     Net Earnings                             $964         $537   
                     
                                             
     Net Earnings Per Share                   $.26         $.14   
                     
                                             
     Average Shares Outstanding              3,721        3,822