SAN JOSE, Calif., March 12, 2012 (GLOBE NEWSWIRE) -- OCZ Technology Group, Inc. (Nasdaq:OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced that Colfax International will deploy OCZ Z-Drive R4 PCIe SSDs into Colfax's new lines of enterprise servers based on Intel's recently announced dual socket Sandy Bridge-EP platform. Providing a compact, power-efficient solid-state solution that fits directly into a system's PCI Express (PCIe) slot, OCZ's Z-Drive R4 dramatically increases server application performance while delivering fast and reliable access to data without burdening host CPU and memory resources. OCZ's combination of high-performance, low latency, and high storage capacity make the Z-Drive R4 ideally suited for the new Colfax Sandy Bridge EP-based servers targeted towards demanding enterprise applications that include cloud computing, server virtualization and consolidation, high-performance computing (HPC), and Online Transaction Processing (OLTP).
Colfax's latest servers and workstations are based on the new Intel Xeon E5 2600 EP processors, and enable up to eighty lanes of Gen 3 PCIe throughput. The OCZ Z-Drive R4 SSDs can take full advantage of this expanded I/O capability to significantly increase bandwidth and reduce I/O bottlenecks, which in turn boosts overall system efficiency. With a growing emphasis on cloud computing and big data in the enterprise, the new Colfax CX2230i-X5 2U servers or FX8400 workstations can be configured with up to seven (7) Z-Drive R4 3.2 Terabyte (TB) drives, achieving up to 20 GB/s throughput while enabling 22.4 TBs of total storage capacity. Offering the lowest cost in dollars per gigabyte, OCZ Z-Drive R4 PCIe SSDs consume significantly less power and provide an exceptional reduction in total cost of ownership (TCO) that is required for today's data center.
"We are pleased that Colfax International selected our Z-Drive R4 PCIe SSDs to be deployed in their new enterprise server solutions that utilize the recently announced Intel Sandy Bridge Xeon E5 2600 EP processors," said Kevin Wagner, Vice President of Enterprise Product Management for OCZ Technology. "Our OCZ Z-Drive R4 provides an exceptional combination of maximum storage IO and density while reducing the burden on host resources, resulting in a faster, more efficient solution for data center and cloud applications."
"As part of our evaluation process in selecting a PCIe-based solution to implement in our new enterprise servers, our Fortune 1000 customers need ultimate performance, maximum storage capacity, and a controller architecture that can effectively manage all transactions without disrupting host resources," said Gautam Shah, President of Colfax International. "We found a complete solution in OCZ's Z-Drive R4 PCIe SSDs that not only make it easy for our customers to deploy in their IT infrastructures, but also reduce their overall TCO."
The Z-Drive R4 offers industry-leading performance and software management features for enterprise customers seeking higher transactional speeds and energy efficiency in large scale server deployments, available in both a half height (HH) version for space constrained applications and a full height (FH) version for larger form factor servers and workstations. OCZ's ability to provide a tailored, customized solution and its Virtualized Controller Architecture (VCA) ensures ultimate compatibility, reliability, and cost-savings, resulting in products that are optimized to specifically address the unique needs of enterprise customers.
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.
About Colfax International
Colfax International is a leading provider of innovative and expertly engineered workstations, servers, clusters, storage, and personal supercomputing solutions. Ready-to-go Colfax HPC solutions deliver significant price/performance advantages, and increased IT agility, that accelerates your business and research outcomes. Colfax International's extensive customer base includes Fortune 1000 companies, educational institutions, and government agencies. Founded in 1987, Colfax International is based in Sunnyvale, California and is privately held. For more information, please visit www.colfax-intl.com.
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 amended on May 31, 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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