updated 9/27/2010 9:45:36 AM ET 2010-09-27T13:45:36

SAN JOSE, Calif., Sept. 27, 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 unveiled the OCZ Onyx 2 Series, a 2.5 inch SSD with superior affordability designed for mainstream desktops and mobile systems. Offering a faster and more durable alternative to traditional hard drives in a cost-efficient solution, the Onyx 2 delivers excellent performance with lower price per gigabyte than that of other comparable drives on the market.

"While we are constantly looking to push the envelope in solid state drive performance, we are also dedicated to making the technology more affordable to consumers," said Ryan Petersen, CEO of the OCZ Technology Group. "The new Onyx 2 Series SSDs give customers the very best of both worlds when it comes to performance and value, and they are an ideal solution for mobile and desktop users that want to take advantage of all the benefits that SSDs offer over traditional rotational based drives."

OCZ continues to expand its consumer SSD lineup with the goals of not only delivering cutting-edge performance, but also of making SSDs more affordable to help foster adoption of this game-changing technology. Designed to offer the best of both worlds, the SandForce-driven Onyx 2 delivers 270MB/s read, 265MB/s write, and up to 10,000 random write IOPS (4k aligned), without the higher costs normally associated with similar multi-level cell (MLC)-based solutions. The Onyx 2 SSD delivers an enhanced computing experience for netbooks, laptops, and home desktops with faster application loading, snappier data access, shorter boot-ups, and longer battery life and feature TRIM support as the ultimate Windows 7 upgrade.

OCZ Onyx 2 SSDs feature a durable yet lightweight housing, and because they have no moving parts, they are more rugged than conventional hard discs. Available in ample 120GB and 240GB capacities, the Onyx 2 is an ideal hard drive replacement for first-time SSD upgraders in need of primary laptop storage or a spacious application and OS boot drive. Designed for superior reliability, Onyx 2 Series is backed by a 2-year warranty and renowned technical support.

To view the OCZ Onyx 2 Series, 2.5 inch SSD :

http://www.ocztechnology.com/products/solid-state-drives/sata-ii/2-5--sata-ii/mainstream-solid-state-drives/ocz-onyx-2-series-sata-ii-2-5--ssd.html

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.

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