WITH MEMORY PRICES REBOUNDING AND NEW DEALS WITH AMD & OTHERS DRAM IS THE BEST VALUE IN NASDAQ AT THESE PRICES
FROM THE EARNINGS REPORT (THE MARKET LOOKS FORWARD, NOT BACKWARDS):
“The economy and especially the semiconductor industry continued to be soft due to oversupply of raw materials and reduced customer infrastructure investment. Since the close of our second quarter on October 31, 2012 we have seen a stabilization and increase in pricing which can positively impact our memory business in for the balance of the fiscal year.”
In addition to a healthier semiconductor industry, we expect the two agreements into which the Company entered last quarter will generate growth and profits for Dataram in 2013 and beyond. One with Shoreline Memory Inc. ("Shoreline") and the other with Advanced Micro Devices, Inc. ("AMD") for the purpose of expanding our customer base and product offerings. The Shoreline Agreement provides for Dataram to fulfill 50% of the orders Shoreline receives from its primary customers. The second agreement with AMD provides for Dataram to develop and sell AMD licensed and branded versions of its RAMDisk software. AMD’s Radeon™ RAMDisk will target the gaming enthusiast community. Management is unable to determine the extent that such agreements will generate revenues in the next two (2) quarters. However, the Company believes these agreements will provide new revenue sources and expanded markets for the Company's products.
Mr. Freeman concluded, “These recent agreements and other new opportunities we are currently pursuing should provide new sources of revenue, profit and growth for Dataram in 2013 and beyond. The experience, knowledge and assets we have gained from our current RAMDisk product, in the development of caching software and in solid state products are building a strong foundation for growth.”