OCZ Technology (OCZ) SSDs Using Indilinx’s Everest Platform Provide True “Instant-On” Access

SAN JOSE, Calif., Sept. 13, 2011 (GLOBE NEWSWIRE) — Indilinx, a leading provider of solid state drive (SSD) processors and a subsidiary of OCZ Technology Group (Nasdaq:OCZ), today announced that OCZ Indilinx SSDs featuring the Everest Series SATA 3.0 (6Gbps) platform are shipping in LG Electronics’ ultra-thin notebooks.

LG is now offering its ultra-thin series of notebooks with customized Indilinx Everest-based ultra-slim SSDs with “fast boot” technology to enable an industry-first, true instant-on functionality, while providing consumers a faster, more energy-efficient storage option than traditional mechanical hard disk drives (HDDs). As the market for notebook computers continues to evolve consumers increasingly demand improved performance, increased battery life and the “instant-on” functionality that only SSDs can provide.

At only 7.5mm in height, this custom developed solution is 25 percent slimmer than traditional 9.5mm 2.5-inch laptop hard drives and SSDs, enabling the new breed of LG premium ultra-thin laptops to support outer maximum z-height dimensions of less that 21mm, without sacrificing storage capacity, speed, or reliability.

LG is currently shipping its LGP220 Series with the custom designed ultra-slim Everest based SSD in 128GB capacities as standard equipment. Inspired by the design heritage of its predecessor, the iF Design award-winning LG P210, the new P220 Series features an ultra-thin design and an array of cutting-edge components for superior performance.

“We are pleased that LG Electronics chose our Everest-based solid state drives for their new ultra-thin notebooks starting with the premium P220, leveraging the benefits of our technology to provide customers a superior instant-on experience,” said Bumsoo Kim, President of Indilinx. “Increased performance, enhanced reliability, and lower power consumption are key requirements that the Indilinx Everest-based SSDs effectively address, enabling PC manufacturers like LG to create slimmer, lighter, and faster solutions. The combination of Everest-based SSDs and LG’s proprietary slim bezel and premium display technology provide customers with a new dimension in multimedia experience in an ultra-thin and compact notebook.”

LG P220 Series notebooks with Everest-based solid state drive configurations began shipping in August in Korea with plans to expand availability into select global markets shortly.

About Indilinx

Indilinx, a subsidiary of the OCZ Technology Group, is a leading controller technology provider for storage systems based on NAND flash memory. Indilinx products and solutions comprise advanced solid state drive controllers, reference designs, and software which enable the rapid development and deployment of high performance solid state drives. For more information, visit www.indilinx.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.

CONTACT: Media Contact:
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