OCZ Technology's CEO to Discuss Enterprise SSDs and Unveil Next Generation Z-Drive R4 PCIe Storage Product During Conference Call on August 2

Discussion Will Include the Benefits of PCIe SSDs in Enterprise Storage and Server Applications and How the Latest Z-Drive Addresses This Market


SAN JOSE, Calif., July 27, 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 host a conference call on Tuesday, August 2 at 5:00pm ET (2:00pm PT).

Ryan Petersen, CEO, will provide an overview of the evolving market for PCIe based SSDs as well as unveil the company's newest enterprise-class PCIe storage solution, the Z-Drive R4.

All interested parties can join the call by dialing (877) 372-0867 or (253) 237-1170 and reference conference ID 86856684, or listen to the live audio webcast of the conference call by visiting the investor relations events conference call section of the OCZ website at www.ocztechnology.com. Please call-in or connect 15 minutes prior to the call. The conference call will be archived for replay until August 9, 2011. To access the archived conference call, please dial (855) 859-2056 or (404) 537-3406 and enter replay passcode 86856684. The webcast will be archived for replay.

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: http://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 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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