(OCZ) Launches the Next Generation Vertex 450 Series Solid State Drives

SAN JOSE, CA–(Marketwired – May 23, 2013) –  OCZ Technology Group, Inc. (NASDAQ: OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced the release of the Vertex 450 SATA III SSD Series featuring the company’s proprietary Indilinx Barefoot 3 M10 Series controller. As part of the leading-edge Vertex series, Vertex 450 lives up to its name and bridges the gap between high performance and mainstream solid-state storage. With advanced storage performance, reliability, and quality, the Vertex 450 utilizes 20nm process geometry NAND flash to meet the needs of today’s high-end consumer and client applications.

“As one of the industry’s most highly awarded SSD Series to date, the Vertex name has become synonymous with the latest and greatest in flash-based storage providing an exceptional balance of performance and cost efficiency,” said Daryl Lang, Senior Vice President of Product Management for OCZ Technology. “The Vertex 450 marks the first time this popular OCZ series utilizes in-house ASIC technology delivering an even greater level of speed, reliability and value for our customers.”

Replacing the 25nm-based Vertex 4, the new Vertex 450 uses NAND flash based on the state-of-the-art 20nm process geometry to deliver superior, cost-effective solid state storage and features. The Vertex 450 provides bandwidth of up to 540MB/s read, 530MB/s write, and 4K random write performance of up to 90,000 IOPS, dramatically accelerating gaming, content creation, and multimedia applications, while driving an improved overall computing experience.

With its powerful and feature-rich Barefoot 3 M10 Series controller, the Vertex 450 is fine-tuned to deliver high speed sequential transfers and consistent sustained performance over time, regardless if the data file formats are compressed or uncompressed for faster file transfers, boot-ups, and a more responsive storage experience. The BF3 M10 controller is a derivative of the original product which adds AES-256 encryption and a power-optimized clock. This gives OCZ the ability to offer a power/cost optimized solution targeted for the mainstream market. With a priority on reliability and flash-optimized endurance, the Vertex 450 also features an advanced suite of flash management tools that analyze and dynamically adapt to increasing NAND vulnerabilities as flash cells wear, heightening data integrity over the long term.

Vertex 450 SSDs feature an ultra-slim 7mm alloy housing for compatibility with the latest thin form factor notebooks, and come bundled with a 3.5-inch adapter bracket as well as Acronis® True Image™ cloning software with Windows® 8 support to easily transfer data from legacy hard drive storage. The Vertex 450 will be available in 128GB to 512GB capacities and is backed by a 3-year warranty.

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. For more information, please visit: 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; 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.

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OCZ Press Contact:
Lisa Gregersen
Marketing Manager – Client Solutions
(408) 440-3449
lgregersen@ocztechnology.com

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