SAN JOSE, Calif., Aug. 24, 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, is pleased to announce that the Company's Enterprise SSD solutions are now qualified within Silicon Graphics International (SGI) supercomputing solutions and Rackable™ Servers. The qualification designates OCZ as an official supplier and allows OCZ to begin selling its high-performance SSDs for integration into SGI's cutting edge products. OCZ enterprise SSDs offer SGI's clients a way to overcome the performance, reliability and maintenance obstacles inherent in traditional mechanical HDD storage. OCZ enterprise-grade SSDs were selected for use in SGI's Octane™ III desk-side supercomputers targeted at strategic science, research, development and visualization challenges which require a system that keeps pace with intensive workloads and multitasking. OCZ drives will also be offered in select Rackable Rackmount servers and other SGI InfiniteStorage configurations for commercialized storage and data centers, adding flexibility for SGI's customers when choosing an ideal SSD configuration. SGI's breadth of customer base includes government, media, education, energy, cloud computing and manufacturing organizations, all of which are turning to the benefits of SSDs to optimize their storage infrastructures. "We are thrilled that SGI has selected OCZ Solid State Drives for their Octane III and Rackable Rackmount Server product lines," said Ryan Petersen, CEO of OCZ Technology Group. "SGI is a leader in high-performance computing and server storage, and the integration of our SSD products into their leading-edge solutions is a perfect example of OCZ's ability to deliver high-performance and ultra-reliable SSDs tailored for the enterprise client." "We are pleased to partner with OCZ Technology as a key collaborator in our enterprise solid state strategy for both server and storage solutions," said Kurt Kuckein, Director of Storage Product Marketing at SGI. "By leveraging the exceptional performance and reliability of OCZ's SSDs, we continue to push the envelope in high-performance computing and data management and deliver an even more robust total solution to our clients."
OCZ's commitment to the enterprise market continues to promote growth opportunities signified by the SGI partnership. As the demand for increased storage efficiency, maximized data throughput, and a smaller operating footprint broadens across various industries, OCZ will leverage SGI's market reach while providing the solutions necessary to meet and exceed their customers' expectations.About Silicon Graphics International Corporation SGI® is a global leader in large-scale clustered computing, high performance storage, HPC, data center enablement and services. SGI is focused on helping customers solve their most demanding business and technology challenges. Visit www.sgi.com for more information. SGI is a registered trademark of Silicon Graphics International Corp. 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 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 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