On September 22, 2011, Dataram Corporation (NASDAQ:DRAM) selected Dell OEM Solutions to deliver data storage optimization to marketplace.
The Company on Thursday announced the selection of Dell OEM solutions to manufacture, distribute, and provide support for the Dataram XcelaSAN storage acceleration appliance, which is a high-availability storage optimization appliance that offers the quickest and least expensive way to supercharge high I/O applications on mid-range SANs. Dell OEM will manufacture, provide hardware customization, distribute and support Dataram’s hardware platform beginning November 2011.
As per IDC, during the second quarter of 2011, there is a continuous year over year growth in the storage software sector as worldwide spending on storage-related spending has increased 10.4% during 2010, which is $1.2 billion of incremental spending compared with 2009.
XcelaSAN models based on the Dell PowerEdge server platform will begin shipments during November 2011 and will be available through select resellers.
Shares of a developer, manufacturer and marketer of large capacity memory products used in high performance network servers and workstations surged 38.68% and closed at $1.47 over volume of 0.128 million shares traded. Over the past 52 week, the stock has been trading in the range of $1.06-$2.65. The market cap of the stock stands at $15.73 million with EPS of -0.46.
The Company provides customized memory solutions for original equipment manufacturers (OEMs) and compatible memory for computers manufactured by Hewlett-Packard Company (HP), Sun Microsystems, Inc. (Sun), International Business Machines Corporation (IBM) and Dell Corporation (Dell).
The assembled information distributed by headlineotc.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Headlineotc.com does expect that investors will buy and sell securities based on information assembled and presented herein. Headlineotc.com will not be responsible in any way for or accept any liability for any losses arising from an investor’s reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.