Dataram Reports Fiscal 2008 Third Quarter Financial Results


* Stock-based compensation expense is recorded as a component of selling, general and administrative expenses in the Company's financial statements filed with the Securities and Exchange Commission on Form 10-Q.
                 DATARAM CORPORATION AND SUBSIDIARIES
                CONDENSED CONSOLIDATED BALANCE SHEETS
                            (In thousands)
                             (Unaudited)

                                       January 31, 2008 April 30, 2007

ASSETS
Current assets
   Cash and cash equivalents           $         18,156 $       14,138
   Accounts receivable, net                       2,629          4,717
   Inventories                                    1,710          2,121
   Deferred income taxes                          1,134          1,149
   Note receivable                                    0          1,537
   Other current assets                             207            231
                                       -------------------------------
      Total current assets                       23,836         23,893

Deferred income taxes                               675          1,123

Property and equipment, net                         587            784

Other assets                                         79            105
                                       -------------------------------

Total assets                           $         25,177 $       25,905
                                       ===============================


LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
   Accounts payable                    $            757 $        1,597
   Accrued liabilities                              734            976
                                       -------------------------------
      Total current liabilities                   1,491          2,573


Stockholders' equity                             23,686         23,332
                                       -------------------------------

Total liabilities and stockholders'
 equity                                $         25,177 $       25,905
                                       ===============================


Contact:

Dataram:
Mark Maddocks, 609-799-0071
Vice President-Finance, CFO
Email Contact



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