OCZ Technology Announces the VeloDrive PCI-Express Solid State Drive for SMBs, Enterprise Clients and System Integrators

/ Source: GlobeNewswire

SAN JOSE, Calif., April 28, 2011 (GLOBE NEWSWIRE) -- OCZ Technology Group, Inc. (Nasdaq:OCZ), a leading designer, manufacturer and distributor of high-performance solid state drives (SSDs), today unveiled the VeloDrive PCI-Express SSD. Designed to meet the needs of small- to medium-sized businesses (SMBs), enterprise clients and system integrators, the VeloDrive optimizes high-performance computing and storage applications, providing unparalleled versatility and simplified integration.

"The VeloDrive is the latest addition to our comprehensive lineup of PCIe SSDs. A truly configurable solution, it helps a range of customers accelerate their application performance," said Daryl Lang, VP of Product Management, OCZ Technology Group. "The ability to run the VeloDrive in multiple modes provides clients with the freedom to use the raid stack of their choice. This maximizes performance and creates faster, more seamless deployments with RAID stacks that may already have been qualified for their unique usage model."

The VeloDrive can be run in either hardware or software RAID mode and can be deployed in half-height or full-height system requirements. When compared with competing PCIe flash-based solutions, the highly-efficient VeloDrive has a minimal impact on system resources including CPU utilization and the system's DRAM footprint.

Eliminating the SATA/SAS bottleneck, the PCIe-based VeloDrive has the ability to deliver transfer speeds of up to 1GB/s and 130,000 4KB random write IOPS, and features SandForce® SF-1565 SSD processors for enhanced reliability and power loss data protection. The VeloDrive utilizes MLC NAND flash and will be available in 300GB, 600GB, and 1.2TB configurations. 

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: .

The OCZ Technology Group, Inc. logo is available at

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 as well as via OCZ's website at . 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