SAN JOSE, Calif., March 29, 2012 (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 company's enterprise class Deneva 2 solid state drives will be deployed within the newest NuVola Private Cloud Platform Solution Appliance - SAN Velocity powered by Fujitsu, which also utilizes Assurance Storage's ApplicationSmart™ software.
The SAN Velocity powered by Fujitsu appliance combines Assurance Storage's ApplicationSmart software with Fujitsu's server hardware, and delivers significant benefits of intelligent, autonomic data cache and tier management used to optimize the performance of I/O intensive applications. Customers using the SAN Velocity appliance gain the benefits of aligning the value of data with the value of OCZ Deneva 2 SSD storage and Assurance Storage's software, to improve performance for a variety of business critical applications such as OLTP, database applications and storage cache management.
"We are excited to partner with both Assurance Storage and Fujitsu to deploy our Deneva 2 solid state drives in their new private cloud appliance," said Alex Mei, CMO of OCZ Technology. "As more and more businesses face the ever increasing challenges associated with managing and processing massive amounts of data, our SSD technology is the ideal fit for this exciting tiered storage solution which addresses database and cloud applications head on."
"The Assurance ApplicationSmart software provides the ability to utilize FLASH technologies in tera-scale for fast access of the most frequently read data," said Steve Visconti, President and CEO at Assurance. "With a solution this precise, automated and scalable offers for the first time the ability to design flexible storage architectures better utilizing new technologies such as PCIe NAND Flash and SSDs as an effective Solid State Storage tier."
"The introduction of the SAN Velocity powered by Fujitsu appliance gives our customers a self-optimizing, solid state storage solution that immediately improves application performance in the customer's SAN," said Vic Herring, Vice President of Sales and Marketing, FFNA. "What this means is customers can easily upgrade their outdated storage caching methods of most frequently and recently used blocks to a fully automated, high precision solid state storage appliance purpose built for large enterprise and cloud environments."
OCZ's Deneva 2 SSDs feature a flexible design with a wide range of configurations and maximizes application performance with superior bandwidth, reliability, and energy efficiency, making them the ideal storage option for cutting-edge solution providers in the enterprise space.
About Assurance Storage
Assurance Storage is revolutionizing the data management and storage markets by challenging the traditional thinking on how to optimize storage. Assurance's autonomic tiered storage software architecture solves the productivity challenges created by the need to overcome the physical limitations of traditional disk I/O systems. Its unique, high performance solutions combine autonomic software, high density spinning disk and tightly integrated SSD technology to deliver unparalleled performance density, scalability, and management, at the industry's lowest operational costs. For more information, visit www.AssuranceStorage.com.
About Fujitsu Frontech North America, Inc.
Fujitsu Frontech North America Inc. brings innovative technology from Japan and, with its partners, develops powerful front-end solutions that shape how society interacts with big data. Fujitsu Frontech North America Inc. is headquartered with operations and solution development at 27121 Towne Centre Drive #100, Foothill Ranch, CA 92610. For more information about Fujitsu products and services, call us at 800-626-4686 or visit us at: www.fujitsufrontechna.com
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.
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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.