Dataram Engages Alliant Partners
PRINCETON, N.J.--(BUSINESS WIRE)--Oct. 2, 2000--Dataram Corporation (NASDAQ: DRAM - news) today announced that it has engaged Alliant Partners to provide acquisition services.
Alliant will assist Dataram in identifying and consummating strategic acquisitions.
Robert Tarantino, Chairman and CEO, stated, ``Dataram's strategy is to leverage our strongest assets, our manufacturing, sales and marketing organizations. We are seeking to expand our product line with complementary products and technologies.''
Mr. Tarantino added, ``We will consider only acquisitions that are accretive to earnings. At this time, we are not engaged in any discussions that could lead to a merger announcement.''
He concluded, ``The outlook for our business has never been stronger. Dataram continues to experience high growth. Powerful trends in our industry are driving our expansion. Our investments in growth have generated strong returns. We see many exciting opportunities to drive our business forward.''
James Kochman, Managing Director of Alliant Partners, commented, ``We are delighted to be assisting Dataram in their strategic initiatives as they seek to capture additional growth opportunities.''
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, is celebrating its 34th year in the computer industry. Additional information is available on the Internet at www.dataram.com.
Alliant Partners provides a wide range of financial advisory services tailored to technology companies. Headquartered in Palo Alto, California, Alliant Partners has served the needs of clients through its broad expertise in mergers and acquisitions, strategic financing, sales and divestitures, and other advisory activities. Additional information is available on the Internet at www.alliant.com.
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Contact:
Dataram Contact:
Mark Maddocks, Chief Financial Officer
609/799-0071
info@dataram.com
or
Investor Contact:
Tim Curtiss, Wall Street Investor Relations Corp.
216/831-6532
tcurtiss@WallStreetIR.com
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