updated 6/21/2011 1:17:27 PM ET 2011-06-21T17:17:27

SAN JOSE, Calif., June 21, 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 launched the Deneva 2 SSD line for enterprise clients. Taking full advantage of the cutting-edge SATA 6Gb/s interface, Deneva 2 SSDs are designed for a wide range of enterprise applications including servers, cloud computing, and data centers. The Deneva 2 series delivers maximum performance while meeting the stringent reliability, security, performance and economical needs of enterprise storage environments.

"Data centers are one application where the speed benefits of a fast SSD visibly fall straight to a company's bottom line," said SSD analyst Jim Handy of Objective Analysis. "This has driven the enterprise to be the fastest-growing market for SSDs - Objective Analysis forecasts for enterprise SSD unit shipments to grow at an average annual rate of 83 percent, nearly doubling every year."

As the demand for increased storage efficiency, maximized data throughput, and a smaller operating footprint broadens across various industries, more and more companies are turning to the benefits of SSDs to significantly optimize their storage infrastructures. With these requirements in mind, OCZ has been a pioneer in the design and development of SSDs for the enterprise environment, pushing the envelope to develop solutions that combine industry-leading performance with a robust feature-set. Deneva 2, the company's latest offering, features several enterprise-critical options not available in OCZ's consumer product lines, including power loss data protection, best-in-class endurance (e.g., minimal write amplification, intelligent block management and wear-leveling), and advanced encryption and ECC.  

"Processing data is critical to any business looking to compete in a rapidly changing, global marketplace. However, many enterprise organizations are limited by outdated storage solutions, which limits their ability to process the necessary data they require to operate their businesses," said Ryan Petersen, CEO at OCZ Technology Group. "Deneva 2 SSDs are optimized for high-volume storage applications, offer industry-leading reliability, and leverage the latest NAND and controller technology to deliver superior performance. This combination means that enterprises can overcome previous roadblocks, and use their data in real-time."

Based on SandForce® SF-2000 SSD processors, the Deneva 2 series delivers up to 80,000 4KB random write IOPS and 550MB/s of potential bandwidth. Along with world-renowned performance, Deneva 2 SSDs are specifically designed to deliver superior reliability and are manufactured with the latest flash components specific to the customer's needs. In addition, the series includes enterprise-grade multi-level cell (eMLC) NAND flash technology, which offers improved endurance for write-intensive applications. Deneva 2 SSDs can also be customized, come in a wide variety of interface options including PCIe, and are available in 2.5, 3.5, and 1.8 inch form factors for use in very high density computing environments, including blade servers. 

OCZ Deneva 2 solutions overcome the performance, durability, and maintenance obstacles inherent to mechanical HDD storage. OCZ's ability to provide a tailored solution ensures ultimate compatibility, reliability, and cost-savings, resulting in products that are optimized to specifically address the unique needs of enterprise clients.

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

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