SOURCE: OCZ Technology Group, Inc.

April 21, 2009 20:50 ET

OCZ Technology Group Files Form 10 Registration Statement in Preparation for U.S. Public Listing

SAN JOSE, CA--(Marketwire - April 21, 2009) - OCZ Technology Group, Inc. ("OCZ" or the "Company"), a worldwide leader in innovative, ultra-high performance solid state disks, memory, power supplies and high performance computer components, today announced that it has filed its Form 10 Registration Statement with the Securities and Exchange Commission (the "SEC"), pursuant to section 12(g) of the Securities Exchange Act. Section 12(g) provides the registration statements there under shall become effective within 60 days after filing. The Company will issue a subsequent announcement when the registration statement becomes effective. This document is available for viewing by the public at http://sec.gov/Archives/edgar/data/1355128/000095013409008013/f50835e10v12g.htm.

"The filing of our registration statement is a key milestone for OCZ," stated OCZ President and CEO Ryan Petersen. "The Form 10 is a prerequisite of a U.S. public listing, and upon its effectiveness we will be one step closer to our stated goal of becoming a publicly traded stock in the U.S. capital markets, the most liquid markets in the world. After nearly three years of being listed on a foreign exchange, we look forward to introducing this American success story to American investors."

To be added to the OCZ investor email list, please email justin.davis@cirrusfc.com with OCZ in the subject line.

About OCZ Technology Group, Inc.

OCZ Technology Group, Inc. develops, produces, and distributes high-performance branded computer components and mobile computing devices, including flash memory, Solid state storage, notebook computers, memory modules, thermal management solutions and computer power supplies, designed to make computers run faster, more reliably and more efficiently.

Based in the heart of Silicon Valley, OCZ employs approximately 300 staff across offices in the USA (Sunnyvale and San Diego), Canada, Holland and its manufacturing and logistics centre in Taiwan.

SAFE HARBOR STATEMENT

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

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