FOR IMMEDIATE RELEASE                 CONTACT: Mark Maddocks
                                       Vice-President, Finance
                                     Telephone: (609) 799-0071
  
  
                      DATARAM REPORTS SECOND QUARTER
                       FISCAL 1998 OPERATING RESULTS
  
  PRINCETON, NJ, November 12, 1997 -- Dataram Corporation
  (AMEX: DTM)
  
       Benefiting from sustained strong volume in the UNIX and
  windows NT workstation and server memory market and strong
  demand for new product introductions, Dataram Corporation
  achieved higher revenues and solid earnings for the second
  quarter of fiscal 1998, Robert V. Tarantino, president and
  chief executive officer, announced today.
  
       For the second quarter ended October 31, 1997, Dataram
  reported revenues of $20.1 million compared to $17.2 million
  for the year earlier period.  Net earnings were $945,000, or
  $.30 per share, versus $1,014,000, or $.30 per share, for
  last year's comparable quarter.
  
       For the six months ended October 31, 1997, Dataram
  reported revenues of $38.2 million compared to $34.6 million
  for the year earlier period.  Net earnings were $1,614,000,
  or $.51 per share, versus $1,979,000, or $.55 per share for
  the comparable prior year period.
                                                               
                                                      
  Continued....
  
  Dataram Earnings Release - Page 2
  
       Operating results for the current quarter include
  approximately $500,000 in legal expense related to the
  Company's litigation with Sun Microsystems, Inc. "While the
  Company continues to incur legal expenses that it did not
  incur in the prior comparable periods, our profitable growth
  has enabled us to absorb these costs," Tarantino stated. "We
  will continue our strong defense against Sun's patent claims
  which we regard as overreaching. At the same time, we will
  vigorously pursue our antitrust, product disparagement and
  business interference counterclaims under which Dataram is
  seeking both compensatory and punitive damages as well as
  reimbursement of attorneys fees and other legal costs."
  
       "We increased revenues in spite of reduced product
  selling prices resulting from a decline in the price of DRAM
  chips," Tarantino said.  Average unit selling prices have
  declined approximately 20% year over year.  "Our market --
  high performance workstations and servers -- continues to
  offer profitable opportunities for the Company's broadening
  array of memory products."
  
       "During the quarter, we continued the expansion of our
  sales team" he stated.  "In addition, we increased capacity
  at our domestic manufacturing facility and establishing a
  distribution facility in the United Kingdom to cost
  efficiently accommodate increased European Community demand. 
  These expenditures are an integral part of our strategy to
  maximize the many opportunities available to us in our
  growing market."
                                                               
                                                               
  Continued....
  
  Dataram Earnings Release - Page 3
  
       An expanded sales force is rapidly increasing Dataram's
  customer base in U.S. and foreign markets, Tarantino
  remarked.  Higher volume, combined with economies of scale
  achieved at the Company's automated manufacturing facility,
  has improved margins.  Dataram also has benefited from being
  "first to market" with several products, he added.
  
       Tarantino announced that, during the quarter, the
  Company signed a licensing agreement with Silicon Graphics
  (SGI) to manufacture memory upgrades for certain SGI high
  performance servers and workstations.  "This is an important
  step in our continuing efforts to further broaden the
  customer base for our high-end computer memory products."
  
       Tarantino said the Company maintained its solid
  financial condition, with strong operating cash flow, no
  debt and an unsecured $12 million line of credit.  In
  continuing efforts to enhance shareholder value, the
  Company, as of October 31, 1997,  has repurchased 84,800 of
  the 300,000 shares of Dataram common stock authorized by the
  Board of Directors in July, 1997.  The purchases were
  financed from operating cash flow.
  
       "I'm confident that Dataram will sustain its momentum
  and achieve solid operating gains for the remainder of
  fiscal 1998," Tarantino concluded.
  
       Dataram develops, manufactures and markets gigabyte
  memory boards for high performance workstations and servers.
                                                               
                                                               
  
  Dataram Earnings Release - Page 4
  
  
                Dataram Corporation and Subsidiary
                  Consolidated Summary Information
              (In thousands except per share amounts)
  
                                                               
                     Quarter Ended         Six Months Ended
                       October 31             October 31
  
                   1997         1996        1997       1996
                 _______      _______     _______     ______
  
  Revenues       $20,068      $17,168     $38,215    $34,616
  
  Net Earnings      $945       $1,014      $1,614     $1,979
  
  Net Earnings Per 
     Share          $.30         $.30        $.51       $.55
  
  Average Shares 
     Outstanding   3,134        3,422       3,162      3,594