OCZ Deneva 2 Solid State Drives Deployed in PSSC Labs HPC Systems and Servers
Enterprise-Class Deneva 2 SSDs Enable PSSC Labs' to Design More Productive Datacenter and Workstation Solutions

SAN JOSE, Calif., Nov. 2, 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 announced that the OCZ Deneva 2 SSD Series was qualified by PSSC Labs for integration into workstations, HPC servers, and datacenter appliances. The Deneva 2 Series offers superior performance, power efficiency, and a robust enterprise feature-set, enabling PSSC Labs to support clients contending with ever-increasing amounts of data while lowering costs associated with maintenance, operating footprint, and energy consumption.

PSSC Labs is a Southern California-based manufacturer with an extensive product lineup of turn-key solutions built in-house, including high performance servers, supercomputers, clusters, workstations, and RAID storage systems. These solutions are deployed to a diverse customer base such as entertainment content creators, government and military, scientific research, private clouds, and developers. Overcoming the obstacles inherent to traditional mechanical HDD storage, OCZ Deneva 2 SSDs feature superior performance and endurance for throughput-intensive applications, meeting today's demanding CAD and datacenter workloads.

"PSSC Labs is a leader in the high performance computing arena and we are pleased that they have selected our enterprise class Deneva 2 solid state drives for use within their workstation and server solutions," said Ryan Petersen, CEO of OCZ Technology Group. "PSSC Labs truly understands the unique challenges that customers address with the processing of ever increasing amounts of data and the integration of solid state drives within PSSC's best of breed solutions only further increases productivity and total cost of ownership for clients."

"Our computing solutions undergo an extensive and rigorous burn-in processes, to ensure that our customers receive the most reliable, highest performing systems in the industry," said Lawrence Lesser, CEO of PSSC Labs. "Our products experience field failure rate less than 0.01%. Qualification of Solid State Drives in our servers is no easy task, and PSSC Labs is proud to commercialize our products with the Deneva 2 enterprise class SSD."

OCZ's Deneva 2 SSDs feature a flexible design with a wide range of configurations and maximizes application performance with up to 550MB/s and 85,000 IOPS (4K random write) making them the ideal storage option for cutting-edge solution providers.

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

About PSSC Labs

PSSC Labs was founded in 1989, focused on providing high performance computing solutions for massively parallelized applications. PSSC Labs commercialized the first Beowulf computing cluster in 1996, and today ships and supports its products into datacenters in 36 countries. These solutions are available in many configurations, including Web 2.0 servers, Cloud Computing servers, and Hadoop clusters. For more information, please visit: www.pssclabs.com.

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 amended on May 31, 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:
         McGrath|Power Public Relations
         Derek James
         (408) 727-0351
         DerekJames@mcgrathpower.com
         
         Investor Relations Contact:
         OCZ Technology Group, Inc.
         Bonnie Mott, Investor Relations Manager
         408-440-3428
         bmott@ocztechnology.com
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