updated 5/16/2011 9:17:14 AM ET 2011-05-16T13:17:14

SAN JOSE, Calif., May 16, 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 the Arowana Flash Translation Layer (FTL) from Indilinx. Supporting both existing and upcoming Indilinx controllers, this firmware subset dramatically improves performance and enterprise capabilities and enables SSD suppliers to deploy cost-effective 2xnm NAND flash memory.

"We are always driving to add more value for our clients, and the exciting new Arowana Flash Translation Layer delivers both major performance and feature-set enhancements," commented Daryl Lang, VP of Product Management at OCZ Technology Group. "Arowana not only boosts IOPS performance by up to 500%, but does so with the support of the industry's latest 2xnm flash technology, making Indilinx solutions now more competitive than ever."

The revolutionary new Arowana FTL enhances performance of Indilinx controllers with HyperQueuing, which significantly increases sequential write speeds and random IOPS over the previous generation FTL. In addition, Arowana's support of 2xnm flash provides SSD suppliers with the ability to offer end users a more attractive product with lower cost NAND components. The new Arowana FTL also maximizes the life of low endurance flash with INXtend™ Technology.

Arowana will continue to offer Indilinx's proprietary Ndurance™ Technology to extend the lifespan of flash devices with sophisticated wear-leveling algorithms, reduced write amplification, and advanced over provisioning. Furthermore, the new FTL supports TRIM along with superior idle time garbage collection that requires no operating system interfacing as well as the innovative Indilinx Wiper tool for non-TRIM systems.

Arowana will be made available immediately in new firmware updates to current Indilinx SSD controller customers as an upgrade package, and will be deployed in future Indilinx products.

About Indilinx

Indilinx is a leading technology provider for storage systems based on NAND flash memory. Indilinx products and solutions comprise advanced solid state drive controllers, reference designs, and software which enable the rapid development and deployment of high performance solid state drives. For more information, visit www.indilinx.com.

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 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 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.

CONTACT: Media Contact:
         OCZ Technology Group, Inc.
         Jessica Luken, Dir. Global Marketing
         408-440-3426
         jluken@ocztechnology.com
         
         Investor Relations Contact:
         OCZ Technology Group, Inc.
         Bonnie Mott, Investor Relations Manager
         408-440-3428
         bmott@ocztechnology.com

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