updated 2/24/2011 9:16:18 AM ET 2011-02-24T14:16:18

SAN JOSE, Calif., Feb. 24, 2011 (GLOBE NEWSWIRE) -- OCZ Technology Group, Inc. (Nasdaq:OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today unveiled its next generation Vertex 3 SATA III SSD product family, a lineup that caters to both client and enterprise applications. Harnessing the 6Gbps speed of the SATA III interface, the new series delivers double the performance of the previous generation.

The Vertex 3 is the first solution to feature the new SandForce SF-2200 SSD processor, and raises the bar in performance with up to 550MB/s read and 500MB/s write transfer rates and up to 60,000 IOPS (4k random write). This maximized speed significantly improves gaming, multimedia, and the overall computing experience over traditional mechanical hard drives, as well as other competing SSDs.

"The new Vertex 3 solid state drive series builds on the success of our previous two generations of products and delivers exceptional performance by utilizing fast synchronous mode 2Xnm MLC NAND flash technology," said Ryan Petersen, CEO of OCZ Technology Group. "These storage solutions feature both the highest sequential speeds available with a SATA 6GBps SSD and the highest IOPS of any current 2.5 inch SSD on the market today, allowing us to once again set the benchmark for industry leading SSD performance and reliability."

Also included in the new series is the enterprise-class Vertex 3 Pro which not only delivers industry-leading performance, but is optimized to provide unparalleled reliability, security, and endurance. Featuring the premium SF-2500 SSD SATA III processor, Vertex 3 Pro SSDs are the ideal solution for clients seeking enterprise-grade MLC (Multi-Level Cell) SSD storage for their server farms and IT infrastructures. Due to its ability to implement MLC, Vertex 3 Pro provides an optimized balance of reliability and component-based cost-savings, resulting in superior TCO (Total Cost of Ownership) for enterprise clients.

The new Vertex 3 Series will be showcased at next week's international CeBIT tradeshow in Hanover, Germany, and will begin shipping following the event through OCZ's global channel. Vertex 3 SSDs will be available in capacities of 120GB and 240GB, while the Pro edition comes in 100GB, 200GB, and 400GB models. The entire Vertex 3 line features TRIM support to optimize performance over the drive's lifespan and a 3 year warranty to ensure customer satisfaction.

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 press 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 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 20, 2010 and statements made in other subsequent filings. The filings are 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.
         Bonnie Mott, Investor Relations Manager
         408-440-3428
         bmott@ocztechnology.com
         
         OCZ Technology Group, Inc.
         Jessica Luken, Dir. Global Marketing
         408-440-3426
         jluken@ocztechnology.com

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