updated 5/31/2011 9:16:51 AM ET 2011-05-31T13:16:51

TAIPEI, Taiwan, May 31, 2011 (GLOBE NEWSWIRE) -- OCZ Technology Group, Inc. (Nasdaq:OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, announces the Company has set a new benchmark of 1 million 4K write IOPS with a Z-Drive R4 equipped 3U Colfax International Server based on a Supermicro platform, which features 7.2TB of MLC storage.

As the fastest performing single server solution on the market, this Z-Drive R4 equipped platform significantly accelerates demanding transactional workloads and reduces latency across a broad array of enterprise applications.

"The Z-Drive R4 enables our data center clients to maximize performance in the industry standard 4K file size, and this achievement with Colfax International demonstrates the raw performance benefits and latency reductions that OCZ PCIe SSDs can deliver over multi-terabyte device densities in a single 3U server," said Ryan Petersen, CEO of OCZ Technology Group. "We are proud to enable our clients to deliver servers and storage arrays which provide the highest performance, maximum capacity, and lowest latency available to data centers today."

"We have been working closely with OCZ to create a ready to deploy server solution with both exceptional performance and reliability, all within a compact and energy efficient footprint," said Gautam Shah, President and CEO of Colfax International. "OCZ's Z-Drive PCIe SSDs add considerable performance and we are thrilled to achieve this significant 4K Write IOPS benchmark, as well as making this industry leading total solution available to our enterprise clients."

This demonstration highlighted the Z-Drive R4's ability to offer industry-leading performance and efficiency for enterprise clients seeking the benefits of SSDs over hard drives. This total solution will be available for pre-order from Colfax International in multiple built-to-order configurations, and will ship in the coming weeks following the Computex event.

About Colfax International

Colfax International is a leading provider of innovative and expertly engineered workstations, servers, clusters, storage, and personal supercomputing solutions. Ready-to-go Colfax HPC solutions deliver significant price/performance advantages, and increased IT agility, that accelerates your business and research outcomes. Colfax International's extensive customer base includes Fortune 1000 companies, educational institutions, and government agencies. Founded in 1987, Colfax International is based in Sunnyvale, California and is privately held. For more information, please visit www.colfax-intl.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 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: 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 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

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.71%
$30K home equity loan FICO 5.26%
$75K home equity loan FICO 4.70%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.42%
13.42%
Cash Back Cards 17.94%
17.94%
Rewards Cards 17.14%
17.14%
Source: Bankrate.com