OCZ Launches Z-Drive R4 CloudServ(TM) 16TB Solid State Storage System

Newest Product in the Z-Drive R4 Series Sets a New Bar in Performance and Capacity for Cloud Computing Applications


SAN JOSE, Calif., Feb. 14, 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 the Z-Drive R4 CloudServ PCI Express (PCIe) flash storage solution, designed to dramatically accelerate cloud computing applications and significantly reduce operating expenses in the data center. The new Z-Drive R4 CloudServ features monumental data throughput, and raises the bar in performance and capacity.

"The Z-Drive R4 CloudServ PCIe solid state drive delivers game-changing performance and enables clients to process massive data-sets with up to 16TB of storage capacity on a single, easy-to-deploy card," said Ryan Petersen, CEO of OCZ Technology. "With this new solution, system architects are able to design more efficient and dynamic cloud computing infrastructures while simultaneously reducing system complexity and the high maintenance costs associated with traditional infrastructures."

With increasing emphasis on cloud computing and the sheer growth in data, PCIe-based flash storage systems have the ability to bypass traditional storage overhead by reducing latencies, increasing throughput, and enabling efficient processing of massive quantities of data. The Z-Drive R4 CloudServ is capable of transferring multiple gigabytes per second and delivering over a million IOPS with a level of concentrated performance that enables system architects to design more productive infrastructures while lowering costs associated with hardware failure, maintenance, structural footprint, and energy consumption.

The latest evolution of the Z-Drive R4, the CloudServ, is specifically designed for the most demanding cloud computing applications with increased capacities and even greater bandwidth capabilities delivering up to 1.4 million IOPS. Melding hardware and software managed solutions with OCZ's integrated Virtualized Controller Architecture™ (VCA) 2.0 and OCZ's SANRAD VXL virtual acceleration caching software, the Z-Drive R4 CloudServ can be employed as a high-performing host-based flash cache that works in conjunction with the VXL to dynamically allocate flash resources to accelerate all virtual machines. This maximizes the performance of critical applications and provides a seamless migration from one host to another without the loss of cache data. As these virtual machines are migrated from one host to another, they must retain full access to the flash cache without loss of performance or interruption of service. OCZ's SANRAD VXL software is the only software that allows for this seamless migration without loss of access to the flash cache.

The Z-Drive R4 CloudServ PCIe SSD will be available in models ranging from 300GB-16TB capacities throughout OCZ's global channel in the coming weeks. As with all OCZ enterprise products, customer-specific configurations and functionality are available upon request.

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

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.



            

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