Dataram Announces Appointment of Anthony Lougee as CFO

PRINCETON, N.J., Aug. 17, 2015 /PRNewswire/ -- Dataram Corporation (NASDAQ: DRAM) announced today that its board of directors has promoted Anthony M. Lougee  from Controller and Chief Accounting Officer to Chief Financial Officer (CFO) and Corporate Secretary, effective August 17, 2015.  Mr. Lougee has been Dataram's Controller and Chief Accounting Officer since 1999.

Mr. Lougee started his career as a staff accountant at Philips Electronics and joined Dataram in 1991.  He is an accomplished senior financial executive with significant experience working in accounting, finance, compliance, and management roles.  A proven leader, Mr. Lougee has repeatedly demonstrated his ability to work seamlessly throughout all levels of the organization and with service providers alike to deliver high quality results in an extremely professional manner.

Dave Moylan, Dataram's Chairman and CEO commented, "For more than two decades, Tony has played a critical role at Dataram.  Tony's promotion acknowledges his deep experience, demonstrated skills, and financial acumen, and proven results.  All of these attributes will be instrumental in helping the company reach its next stage of success and growth."

About Dataram Corporation
Dataram is a leading independent manufacturer of memory products and provider of performance solutions that increase the performance and extend the useful life of servers, workstation, desktops and laptops sold by leading manufacturers such as Dell, Cisco, Fujitsu, HP, IBM, Lenovo and Oracle. Dataram's memory products and solutions are sold worldwide to OEMs, distributors, value-added resellers and end users. Additionally, Dataram manufactures and markets a line of Intel Approved memory products for sale to manufacturers and assemblers of embedded and original equipment. 70 Fortune 100 companies are powered by Dataram. Founded in 1967, the company is a US based manufacturer, with presence in the United States, Europe and Asia. For more information about Dataram, visit www.dataram.com.

All names are trademarks or registered trademarks of their respective owners.

The information provided in this press release may include forward-looking statements relating to future events, such as the development of new products, pricing and availability of raw materials 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, increased competition in the memory systems industry, order cancellations, 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 www.sec.gov.  The company has based these forward-looking statements on its current expectations and assumptions about future events.  While management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory, and other risks, contingencies, and uncertainties, most of which are difficult to predict and many of which are beyond the company's control.  The company does not assume any obligations to update any of these forward-looking statements.

Dataram Contact:
Jeffrey Goldenbaum
Director, Marketing
609.799.0071
[email protected]

SOURCE Dataram Corporation

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