SOURCE: OCZ Technology Group, Inc.
SAN JOSE, CA--(Marketwire - February 25, 2013) - OCZ Technology Group, Inc. (NASDAQ: OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced that it will preview a variety of enterprise storage solutions at next week's CeBIT 2013 conference in Hannover, Germany. As a renowned global forum, CeBIT represents a great opportunity for attendees to be the first to see and experience the latest innovations in solid-state storage from an industry leader in enterprise SSDs, virtualization, and caching software. OCZ offers a complete suite of storage solutions that address VMware, Linux, and SQL Server platforms, and invites IT decision-makers who are evaluating or implementing solid-state storage in the data center to visit the Company's exhibit in Hall 2, Stand E43, from March 5th through 9th.
OCZ will unveil the next-generation ZD-XL SQL Accelerator, a culmination of enterprise hardware and software converging as one tightly integrated and optimized solution. The ZD-XL Accelerator addresses SQL Server database applications to not only ensure that the data for this implementation is right, relevant, and readily available on SSD flash when the SQL Server needs it, but also that the data is accessed with the highest possible I/O performance. For simple deployment and ease of use, this tightly integrated, optimized solution features 'implementation wizards' to guide DBAs so they can optimally manage data cached to the flash. While showcasing the ZD-XL solution OCZ will invite enterprise customers to become beta testers for this exciting solution.
Also included in OCZ's exhibition at CeBIT will be demonstrations to preview the upcoming VXL 1.3 Virtualization Software and LXL Acceleration Software with OCZ's innovative Direct Pass Caching Technology, which not only addresses VMware but is also optimized for Linux applications. OCZ is one of the few SSD providers with a robust portfolio of virtualization and caching software that combine the power of flash acceleration with the power of storage virtualization. This enables multiple virtual server loads to run concurrently on a single physical host, not only increasing CPU and memory resource utilization, but also simplifying deployment, high availability (HA), and maintenance of the server loads.
The next-generation of workstation PCI Express (PCIe)-based SSDs will also be available soon as part of the Company's award-winning Vector Series. These drives reside directly on the PCIe bus and will support four PCIe Gen2 lanes providing lower latency to data, faster file transfers and system boot-ups, expanded storage capacities, and an even quicker, more responsive experience over the already blazingly fast SATA 3.0-based Vector Series. The Vector PCIe Series will feature an advanced suite of flash management tools that deliver enhanced drive endurance and data, making it ideally suited for power computing, content creation, and workstation applications.
Join OCZ Technology at CeBIT 2013, Hannover, Germany, March 5th through 9th, Hall 2, Stand E43 from 9:00am to 6:00pm (local time).
Calling All Beta Testers
For those OCZ enterprise customers interested in becoming a beta tester for OCZ's upcoming ZD-XL SQL Accelerator, please contact your OCZ representative. A ZD-XL SQL Accelerator beta tester agrees to install, test and provide feedback to OCZ based on product functionality and performance and agrees to sign a Non-Disclosure Agreement (NDA) to keep all product information confidential and proprietary until it becomes available to the general public.
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.ocztechnology.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 additional information may arise from the oversight of the audit committee; 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; the risk that OCZ may not be able to successful negotiate an amendment to its credit facility; 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.ocztechnology.com. OCZ does not undertake to update its forward-looking statements.
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