Dataram Completes Acquisition of Memory Card Technology Assets.Business Editors/Hi-Tech Writers PRINCETON, N.J.--(BUSINESS WIRE)--March 23, 2001 Dataram Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DRAM) today announced that it has completed the purchase of Memory Card Technology A/S (MCT See Microsoft certification. ) assets for approximately $30 million, including transaction costs. The acquisition was funded with cash and credit facilities. The acquisition provides Dataram with memory design and manufacturing capabilities in Denmark and Australia, and sales offices throughout Europe, Latin America and the Pacific Rim. Dataram's product line will also be enhanced by the addition of MCT's products, which include Rambus, DDR, SDRAM (Synchronous DRAM) A type of dynamic RAM (DRAM) memory chip that has been widely used since the late 1990s. SDRAM chips eliminated wait states by dividing the chip into two cell blocks and interleaving data between them. , DRAM, SRAM See static RAM. SRAM - static random-access memory , SGRAM (Synchronous Graphics RAM) A type of dynamic RAM chip that is similar to the SDRAM technology, but includes enhanced graphics features for use with display adapters. and EDO memory plus flash memory, video memory and cache memory. ABOUT DATARAM CORPORATION Dataram Corporation is a leading provider of gigabyte memory upgrades for network servers. The Company specializes in the manufacture of large capacity memory for Compaq, Hewlett-Packard, IBM, Intel, Silicon Graphics and Sun Microsystems computers. Dataram, headquartered in Princeton, New Jersey
Princeton, New Jersey is located in Mercer County, New Jersey, United States. Princeton University has been sited in the town since 1756. , is celebrating its 34th year in the computer industry. Additional information is available on the Internet at 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, the commencement of production, 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 for servers, increased competition in the memory systems industry, 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 |
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