OCZ Technology to Highlight New Consumer and Enterprise Storage Solutions at Computex 2011

Z-Drive R4 PCIe SSDs, RevoDrive 3, and More will be on Display


SAN JOSE, Calif., May 24, 2011 (GLOBE NEWSWIRE) -- OCZ Technology Group, Inc. (Nasdaq:OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, will showcase their latest flash storage technologies at Computex Taipei 2011. As an innovator in the global SSD market, OCZ will display their newest solutions that deliver the highest levels of performance and cost efficiency.

"Computex Taipei is the ideal venue to unveil our next generation SSD solutions for HPC and enterprise clients," said Alex Mei, CMO of OCZ Technology Group. "This year we are pushing the envelope once again, showcasing the newest SATA 6Gbps INDILINX controller, the next generation best-of-breed MLC based enterprise PCIe drives, and innovative hybrid SSDs and caching solutions."

Highlights at the OCZ product showcase include the all-new VCA enabled, Z-Drive R4 PCIe SSD line, capable of up to 2.7GB/s and 330,000 4KB random write IOPS. This PCIe based enterprise solution enables maximum performance in datacenters and delivers the highest 4K random write performance of any SSD available today. It supports a host of enterprise features and enables use of the newest low cost Sync Mode 2xnm NAND flash technology.

The RevoDrive 3, a next generation bootable PCI-Express SSD, designed for high-performance gaming PCs and workstations, will also be on display. Leveraging our proprietary VCA technology the RevoDrive 3 can accommodate a wide range of applications including multi-media creation and management applications, all while delivering a state-of-the-art computing experience. 

In addition, OCZ will demonstrate the first hybrid HDD/SSD PCIe SSD from the RevoDrive family, which utilizes a large high speed NAND flash cache coupled with high density rotational media, to deliver maximized performance to density ratios for workstation usage.

OCZ solutions will be on display at Computex Taipei 2011 at the Grand Hyatt Hotel in suite 1003 from May 31- June 2. Press or analysts interested in meeting with OCZ and discussing the latest innovations in the flash storage industry can contact Jessica Luken, Director, Global Marketing, at jluken@ocztechnology.com

About OCZ Technology Group, Inc.

Founded in 2002, San Jose, CA-based OCZ Technology Group, Inc. (OCZ), is a leader in the design, manufacturing, and distribution of high performance and reliable Solid-State Drives (SSDs) and premium computer components. OCZ has built on its expertise in high-speed memory to become a leader in the enterprise and consumer SSD markets, a technology that competes with traditional rotating magnetic hard disk drives (HDDs). SSDs are faster, more reliable, generate less heat and use significantly less power than the HDDs used in the majority of computers today. In addition to SSD technology, OCZ also offers high performance components for computing devices and systems, including enterprise-class power management products as well as leading-edge computer gaming solutions. For more information, please visit: www.ocztechnology.com.

The OCZ Technology Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7439

Forward Looking Statements

Certain statements in this release relate to future events and expectations and as such constitute forward-looking statements involving known and unknown factors that may cause actual results of OCZ Technology Group, Inc. to be different from those expressed or implied in the forward-looking statements. In this context, words such as "will," "would," "expect," "anticipate," "should" or other similar words and phrases often identify forward-looking statements made on behalf of OCZ. It is important to note that actual results of OCZ may differ materially from those described or implied in such forward-looking statements based on a number of factors and uncertainties, including, but not limited to, market acceptance of OCZ's products and OCZ's ability to continually develop enhanced products; adverse changes both in the general macro-economic environment as well as in the industries OCZ serves, including computer manufacturing, traditional and online retailers, information storage, internet search and content providers and computer system integrators; OCZ's ability to efficiently manage material and inventory, including integrated circuit chip costs and freight costs; and OCZ's ability to generate cash from operations, secure external funding for its operations and manage its liquidity needs. Other general economic, business and financing conditions and factors are described in more detail in "Item 1A -- Risk Factors" in Part I in OCZ's Annual Report on Form 10-K filed with the SEC on May 17, 2011 and statements made in other subsequent filings. The filing is available both at www.sec.gov as well as via OCZ's website at www.ocztechnology.com. OCZ does not undertake to update its forward-looking statements.



            

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