SAN JOSE, Calif., Sept. 8, 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, has signed a distribution agreement with Microsens Group to establish a partnership to make OCZ's SSDs, high-performance memory, and power supplies more readily available in Brazil. With more than 25 years of expertise in the region, Microsens is an ideal partner for the Brazil market. In addition to their well-established distribution channel in the South American region, Microsens has unique retail customer base including an e-tail outlet, MegaMamute. Microsens and MegaMamute will carry the complete line of OCZ products, including the full range of SSDs, high performance DRAM, as well as gaming power supplies. "We are pleased to partner with Microsens and their e-tail arm MegaMamute for the distribution of our high end component solutions," said Richard Singh, Senior VP of Worldwide Sales at the OCZ Technology Group. "This partnership will allow OCZ to continue to strengthen our international sales and make the complete line of our products, including our high performance SSDs, more readily available to consumers in South America." "OCZ products are of the highest quality and are a perfect addition to our product offerings, which has a specialty focus on computer components utilized in e-commerce and data processing," stated Cristiane Bastos, Director of MegaMamute. "Our organization was founded on delivering the best hardware products, and the ability to provide our customers with innovative OCZ solutions reaffirms our commitment to this strategic market." By partnering with sales leaders such as Microsens, OCZ strives to broaden its reach to the global market and maintain its dedication to supplying the best range of SSDs, memory, and power supplies worldwide. 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 M. Petersen, CEO 408-733-8400 MegaMamute William Costa, Marketing Manager +55 43 3031.8319 email@example.com The Investor Relations Group Adam S. Holdsworth 212-825-3210