November 09, 2010 at 08:20 AM EST
OCZ Technology to Deliver Solid-State Drive Solutions for BOLData Performance PCS and Servers
New System Solutions Customer Win Expands OCZ's SSD Deployment Network and Represents Growth in Both Enterprise and Consumer Storage Business

SAN JOSE, Calif., Nov. 9, 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, has signed BOLData Systems as a new customer, integrating OCZ SSDs in select systems and servers for channels including Value-Added Resellers (VARs), enterprise customers, and power users. OCZ's wide range of high-end storage options is ideal for BOLData's clientele, delivering superior speeds, durability, and power efficiency over traditional hard drives, while addressing a wide range of professional and consumer applications.

"BOLData has a reputation for quality and service and is a premium provider of a complete range of system solutions including servers, desktops and notebooks," said Richard Singh, Sr. VP of Worldwide Sales at the OCZ Technology Group. "We share BOLData's passion for quality and are excited to partner with them to make our cutting edge solid state drive products available within their system solutions for government agencies, the corporate market, VARs and consumers."

"OCZ has a wide range of solid state drive solutions that are an ideal fit for our custom configured systems," said Andrew Kretzer, Director of Sales and Marketing at BOLData Systems. "At BOLData we offer an array of premium solutions including systems, servers and notebooks, and the ability to select from OCZ's complete spectrum of SSD interfaces and form factors helps us deliver the most cutting-edge technology, performance and added value to our clients."

BOLData Systems is world-class provider of boutique desktops, servers, and notebooks, providing government agencies, corporations, VARs, and prosumers with custom configured systems for over 25 years. With corporate headquarters in Silicon Valley, and manufacturing and warehouse locations worldwide, BOLData's implementation of OCZ SSD solutions within its mission-critical system builds and server lineup will offer OCZ new channel opportunities and greater visibility in IT infrastructures and other business environments. Likewise, OCZ SSDs offer BOLData clients a way to overcome the performance, reliability, and maintenance obstacles inherent in traditional mechanical HDD storage.

Striving to deliver the ultimate productivity for the most demanding applications, BOLData chose OCZ's drives in conjunction with its mobile workstations, desktop systems, and server offerings for the ability to keep pace with customers who need access to powerful and energy-efficient computing. As the demand for optimal storage efficiency, data throughput, and operating footprints broadens across various industries, OCZ will leverage BOLData's market reach while providing the solutions necessary to meet and exceed their customers' expectations.

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

About BOLData

BOLData Systems takes pride in being a world-class provider of systems, servers, workstations and peripherals and is nationally recognized for excellent service and product reliability. Since 1984, BOLData has provided government agencies, corporations, value added resellers and consumers with custom configured systems, name brand and OEM components, and industry leading peripherals. For more information, please visit: www.boldata.com or call 800-923-BOLD.

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 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
          Public Relations:
          Mike Graff
          212-825-3210

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