updated 2/28/2011 9:16:43 AM ET 2011-02-28T14:16:43

SAN JOSE, Calif., Feb. 28, 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 focus on expanding its SSD market reach at this year's CeBIT tradeshow in Hannover, Germany. OCZ's latest products and technology will be on display at the event in Hall 17, Booth D31.

"CeBIT is an excellent opportunity to showcase our new innovative solid state drive products which address both consumer and enterprise applications," said Alex Mei, CMO of OCZ Technology Group. "From mission-critical data management to mobile computing, OCZ continues to redefine storage performance, reliability, and power efficiency, and our continued presence at CeBIT demonstrates our focus and commitment to the European market."

With its cutting-edge SATA 6Gbps technology, the recently unveiled OCZ Vertex 3 SSD Series will be demonstrated live, showing its industry leading speeds and superior data management for all file types and sizes. OCZ will also highlight custom solid state drives including the expanding Deneva SATA and Helios SAS SSD lines, both of which offer enterprise and OEM clients tailored solutions designed specifically for their unique applications.

OCZ will also address the demand for maximum throughput in the enterprise space with PCI-Express SSDs, including the innovative Z-Drive R3 series that eliminates the SATA bottleneck. The sophisticated Z-Drive R3 features OCZ's propriety Virtualized Controller Architecture which provides customers with robust features including TRIM, SMART monitoring and power fail management all within a single streamlined solution.

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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