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


             DATARAM ACHIEVES STRONG EARNINGS GAINS
          FOR SECOND QUARTER, SIX MONTHS OF FISCAL '97

PRINCETON, NJ, November 7, 1996-Dataram Corporation (AMEX: DTM)
Benefiting from considerably increased unit volume and production
efficiencies, Dataram Corporation reported higher earnings for the
second quarter and six months of fiscal 1997, Robert V. Tarantino,
president and chief executive officer, announced today.

     Net earnings for the second quarter ended October 31, 1996
were $1,014,000, or $.30 per share compared to $708,000, or $.18
per share for the second quarter of last year. For the six months
ended October 31, 1996, net earnings totaled $1,979,000, or $.55
per share compared to $1,245,000 or $.32 per share for the prior
year.  Revenues for the second quarter and six months of fiscal
1997 were $17.2 million and $34.6 million versus $32.3 million and
$57.2 million for fiscal 1996.

     "These favorable results demonstrate our ability to sustain
strong earnings growth in an extremely challenging business
environment characterized by severely reduced selling prices for
computer memory products," Tarantino said.

                                                                  
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Dataram Earnings Release - Page 2

"DRAM chips -- the major cost component of computer memory boards
- --  which were priced at $25 per megabyte one year ago, are now
available at $5 per megabyte.  Our competitive selling proposition
is to pass through these cost savings to our customers."

     "Unit volume remains strong," Tarantino reported. "Gigabytes
of memory shipped this quarter have more than doubled last year's
comparable quarter shipments and are approximately 45% higher than
this year's first quarter." 

     "We are committed to increasing revenues as well as earnings,"
he declared.  "We have made strategic additions to our sales and
marketing organization in an intensified effort to broaden our
distribution channels and make significant inroads into new
markets."

     Tarantino also announced that the Company, as part of
previously announced stock repurchase plans, bought 208,500 shares
of its common stock in the second quarter of fiscal 1997 bringing
the total year to date purchases to 531,900 shares which have been
retired.  With no debt and strong operating cash flow, Dataram
plans to finance remaining purchases from internal resources.

     The Company strengthened its Board of Directors with the
addition of Roger C. Cady, vice president, business development of
Dynatech Corporation, a $300 million communications technology
company based in Burlington, MA.  Dataram will benefit from Mr.
Cady's experience and expertise in strategic planning and
acquisitions for several high tech firms as the Company pursues
strategies to broaden its product base.

     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         Six Months Ended
                            October 31             October 31

                                                                  
                          1996      1995       1996       1995



Revenues                $17,168   $32,331    $34,616    $57,216
              
Net Earnings             $1,014      $708     $1,979     $1,245   

Net Earnings Per Share     $.30      $.18       $.55       $.32   

Average Shares 
  Outstanding             3,422     3,900      3,594      3,887