OCZ to Demonstrate Innovative High Speed Data Link (HSDL) Interface and Complete Spectrum of Customizable Enterprise Class SSDs at Booth 415 Summit to be held August 17-19, 2010, at the Santa Clara Convention Center in Santa Clara, California SAN JOSE, Calif., Aug. 5, 2010 (GLOBE NEWSWIRE) -- OCZ Technology Group, Inc. (Nasdaq:OCZ), a leading provider of high-performance solid-state drives (SSDs) and memory modules for computing devices and systems, will showcase the Company's leading-edge SSD solutions at the 2010 Flash Memory Summit in booth #415 at the Santa Clara Convention Center in Santa Clara, CA August 17-19. OCZ's commitment to advancing flash technology for enterprise and commercial applications makes the Flash Summit is the ideal space to demonstrate cutting edge technology and solutions. OCZ will demonstrate the breakthrough HSDL (High Speed Data Link) interface and accompanying IBIS 3.5" HSDL SSD, which was developed to revolutionize data transfer rates and bandwidth and take SSD storage technology to the next level. HSDL eliminates the SATA bottleneck and is ideal for a wide range of enterprise applications including high performance computing, servers and cloud computing solutions. Likewise, the RevoDrive PCI-Express SSD will be entered in the "Best of Show" awards as the highest performing bootable PCI-E drive at its price point on the market. Summit Chairman Tom Coughlin, President of Coughlin Associates, comments on the conference: "Flash memory continues to enable a huge array of applications such as embedded and mobile products, consumer storage cards, and solid state drives (SSDs). In 2010, the usual seasonal decline in demand for flash memory did not occur. Flash is now being used in many applications besides the consumer products (such as iPads, iPods, mobile phones, and digital cameras) that are often given as Christmas presents. Supply is having a hard time keeping up with demand for this extremely useful storage technology. More than ever before system designers and integrators, storage devices makers, press and analysts and end users need to find out about the latest developments, uses and issues uncovered for this small, low-cost, rugged, long-lasting, high speed storage technology. The 2010 Flash Memory Summit is where you can hear leading experts address a wide range of flash memory technology topics."
"OCZ is committed to the continued innovation and development of flash solid state drives for both the enterprise and consumer markets," said Ryan Petersen, CEO of the OCZ Technology Group. "The upcoming Flash Memory Summit is the ideal platform for us to demonstrate our latest cutting edge solutions including ultra fast new interfaces or high performing yet affordable bootable PCI-E SSDs, as well as engage with new clients and partners."OCZ's Intrepid, Deneva, and Z-Drive SSDs address a wide range of applications from high performance computing to top-tier data management. In a class of their own, Deneva SSDs raise the bar in performance, delivering up to 50,000 IOPS and a staggering 285MB/s of bandwidth, enabling greater productivity than ever before. The Deneva Family not only delivers industry-leading price to performance ratios, but provides world-class reliability features including superior power loss protection, endurance, encryption, and ECC protection in a wide variety of interfaces. All OCZ SSD solutions help overcome the performance, durability, and maintenance obstacles inherent to traditional mechanical HDD storage. In addition to the superior design, reliability, and speed, OCZ's ability to provide a custom solution ensures ultimate compatibility, reliability and cost savings that other SSD lines cannot deliver. Join OCZ Technology Group at Booth #415 as the Company aims to increase the advantages of SSDs over traditional hard disc drives for OEMs, enterprise clients, and enthusiast consumers who place a premium on performance, reliability, and total cost of ownership (TCO). About the Flash Memory Summit Flash Memory Summit focuses on flash memory, a type of constantly powered nonvolatile memory that can be erased and rewritten in units called blocks. Flash is rugged, small, low-cost, low-power, and fast; it allows for compact systems with simple startup and low power consumption. It is ideal for consumer applications such as cellphones, digital cameras, and music players, and is also useful in computers, communications systems, and military/defense applications. It can replace hard disks for storage in applications where its higher cost is balanced by its smaller size, greater ruggedness, and lower power consumption.
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 SSD market, 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 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 II in OCZ's Annual Report on Form 10-K filed with the SEC on May 20, 2010. 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.
CONTACT: OCZ Technology Group, Inc. Ryan Petersen, CEO 408-733-8400 The Investor Relations Group Investor Relations: Adam Holdsworth Public Relations: Mike Graff 212-825-3210