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OCZ Technology Introduces New Enterprise SATA III SSDs Based on 19nm NAND Flash Process Geometry to Its Popular Deneva 2 Series


OCZ Technology Introduces New Enterprise SATA III SSDs Based on 19nm NAND Flash Process Geometry to Its Popular Deneva 2 Series

New Deneva 2 Models Deliver Improved Features and Superior Total Cost of Ownership

SAN JOSE, CA -- (Marketwired) -- 09/24/13 -- OCZ Technology Group, Inc. (NASDAQ: OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced the latest addition to the popular Deneva 2 Series which now utilizes 19 nanometer (nm) NAND flash. The new models are 2.5-inch, 6Gbps SATA III-based Multi-Level Cell (MLC) drives that implement the Deneva 2 SSD Series feature-set and are built around a smaller NAND flash process geometry. This cutting-edge drive solution also features a completely new power architecture that was designed from the ground up to optimize server back plane functionality, providing enhanced management of in-rush current and power fluctuation. The result is an advanced SSD series that delivers superior storage performance, enterprise-class endurance, reliability and quality, and excellent total cost of ownership for customers.

"Our Deneva 2 has been a popular SSD series among IT professionals not only as an HDD replacement but to dramatically accelerate I/O access of such popular enterprise applications as OnLine Transaction Processing, database warehousing, read intensive data caching and server boot-ups," said Daryl Lang, SVP of Product Management for OCZ Technology. "By implementing new features and the latest NAND flash process geometry we are able to deliver an optimal balance of I/O performance and cost-efficiency to our customers."

The new Deneva 2 SSDs continue to utilize the proven and effective LSI SandForce® SF-2281 processor and delivers exceptional performance with 19nm toggle mode NAND flash. The performance specifications support read bandwidth up to 550 MB/s, write bandwidth up to 520 MB/s, random read throughput (4K blocks) over 45,000 input/output operations per second (IOPS), and random write throughput (4K blocks) over 34,000 IOPS. It provides consistent sustained performance over time so that users can achieve faster file transfers, boot-ups and benefit from a more responsive storage experience. With a priority on reliability and flash-optimized enterprise endurance, the new Deneva 2 includes advanced features such as data fail recovery, intelligent block management, wear leveling and robust error correction. Additionally, power consumption has also been lowered in the new models as well.

The new Deneva 2 SSD Series are now available in three models supporting 120GB capacity (Model D2CSTK251M3T-0120), 240GB capacity (Model D2CSTK251M3T-0240) and 480GB capacity (Model D2CSTK251M3T-0480). For more information, visit www.ocz.com/enterprise.

About OCZ Technology Group, Inc. Founded in 2002, San Jose, CA-based OCZ Technology Group, Inc. (OCZ) is a global leader in the design, manufacturing, and distribution of high-performance solid-state storage solutions and premium computer components. Offering a complete spectrum of solid-state drives (SSDs), OCZ provides SSDs in a variety of form factors and interfaces (i.e. PCIe, SAS and SATA) to address a wide range of client and enterprise applications. Having developed firmware and controller platforms, to virtualization and endurance extending technologies, the company delivers vertically integrated solutions enabling transformational approaches to how digital data is captured, stored, accessed, analyzed and leveraged by customers. More information is available at www.ocz.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, the risk that the process of preparing and auditing the financial statements or other subsequent events would require OCZ to make additional adjustments; the time and effort required to complete the restatement of the financial reports; the ramifications of OCZ's potential inability to timely file required reports; including potential delisting of OCZ's common stock on NASDAQ; the risk of litigation or governmental investigations or proceedings relating to such matters; 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; OCZ's ability to obtain sufficient NAND flash; 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 14, 2012, 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.ocz.com. OCZ does not undertake to update its forward-looking statements.

All trademarks or brand names referred to herein are the property of their respective owners.

OCZ Press Contact: Scott Harlin Director of Marketing Communications, Enterprise Solutions (408) 440-3484 sharlin@ocztechnology.com

OCZ Investor Relations Contact: Bonnie Mott Senior Manager of Investor Relations (408) 440-3428 bmott@ocztechnology.com

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