Tennesseans who purchased the memory storage component installed in most electronic devices known as Dynamic Random Access Memory have until Aug. 1 to participate in a $310 million settlement.

According to the Tennessee Attorney General’s Office, the settlement affects almost every consumer and business in the state who bought computers or other electronic devices between 1998 and 2002. That’s because DRAM come preinstalled in devices like graphics cards, video game consoles, MP3 players, printers, PDAs, DVD players and digital video recorders.

The settlement involves price fixing claims. The minimum payment for smaller purchases is expected to be $10, but the actual payment amount depends on the total number of claims filed. Purchasers of large amounts of DRAM could get thousands of dollars.

Claims can be flied online at www.DRAMclaims.com.