SAN JOSE, Calif., Oct. 7, 2010 (GLOBE NEWSWIRE) -- OCZ Technology Group, Inc. (Nasdaq:OCZ), a leading provider of high-performance solid-state drives (SSDs) and memory modules for computing devices and systems, is teaming up with SandForce®, Inc. to deliver exceptional new SSD products that leverage Serial-ATA (SATA) III and cost-effective NAND flash components. With the updated architecture, the OCZ Deneva Family will continue to lead the way in the transition from hard disc drives (HDDs) to SSD data storage and IT infrastructures. OCZ is set to begin sample distribution to current and potential clients in the fourth quarter of 2010, with mass production beginning in the first quarter of 2011.
"We have a strong partnership with SandForce and are excited to utilize their new SF-2000 family of SSD processors in our next generation Enterprise and Industrial Solid State Drive products," said Alex Mei, CMO at the OCZ Technology Group. "Together we will be able to offer our enterprise clients a very robust line of ultra reliable 6Gb/s SSDs in a variety of interfaces ranging from SATA to SAS within our customizable Deneva Series."
"OCZ is an industry leader in the design and manufacturing of Solid State Drives with innovative solutions for the storage market," said Jeremy Werner, Director of Marketing at SandForce. "We are pleased to work closely with them as we launch the new SF-2000 SSD Processor Family for the Enterprise and Industrial markets."
The new and improved OCZ Deneva Family will build on its enterprise-class reliability and offer the most cutting-edge technology available, including SATA 6Gbps and 3X-2Xnm SLC, MLC, and eMLC flash memory support. Using SandForce's second generation SF-2500/2600 SSD processors, the drives reach new, unmatched performance with 500MB/s transfer rates and 60,000 random 4KB write IOPS. Furthermore, SF-2500/2600-based Deneva drives feature unparalleled endurance, data protection, and security, giving clients peace of mind when factoring in Tier-0/1 enterprise-level expectations and total cost of ownership (TCO).
Aside from the industry-leading performance and features, the Deneva Series also offers:
Going beyond the superior speed, durability, and power efficiency over traditional mechanical hard drives, Deneva's ability to provide a custom solution with lower cost flash components ensures ultimate compatibility, performance, and TCO that other SSD lines cannot deliver.
SandForce is transforming data storage by pioneering the use of standard flash memory in enterprise, client, and industrial computing applications with its innovative SSD (Solid State Drive) Processors. By delivering unprecedented reliability, performance, and energy efficiency, SSDs based on patent-pending SandForce DuraClass technology unleash the full potential for mass-market adoption of SSDs using NAND flash memory. Founded in 2006, SandForce is funded by leading venture capital investors and first tier storage companies. For more information, visit SandForce at www.sandforce.com.
SandForce and the SandForce logo are registered trademarks, and DuraClass, DuraWrite, RAISE, SandForce Driven, and the SandForce Driven logo are trademarks of SandForce, Inc. All other trademarks are the property of their respective owners.
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.
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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 II in OCZ's Annual Report on Form 10-K filed with the SEC on May 20, 2010. 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: OCZ Technology Group, Inc. Ryan Petersen, CEO 408-733-8400 The Investor Relations Group Investor Relations: Adam Holdsworth 212-825-3210 Public Relations: Mike Graff 212-825-3210