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OCZ Technology Announces Kevin Wagner as the New Vice President of Product Management for Enterprise Solutions

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SAN JOSE, CA - May 25, 2011 - OCZ Technology Group, Inc., (Nasdaq:OCZ) a leading provider of high-performance solid-state drives (SSDs) and power supplies for computing devices and systems, today announced the appointment of Kevin Wagner as Vice President of Product Management for Enterprise Solutions. In his new role at OCZ, Mr. Wagner is responsible for the development of flash-based storage products that address the complete spectrum of enterprise applications.

"Bringing Kevin to lead our enterprise product management efforts highlights our dedication to the design and manufacture of the industry's most compelling solid state storage drives," said Ryan Petersen, CEO of OCZ Technology Group. "Kevin has a strong product management background and experience building strategic alliances to drive collaboration and innovation, and will make an immediate and positive contribution to both our enterprise solutions and clients."

"OCZ is committed to developing products that address the challenges that clients face in HPC and enterprise applications," said Kevin Wagner, VP of Product Management - Enterprise Solutions, OCZ Technology Group. "I am excited about the opportunity to work closely with our customers, as well as our internal product management and engineering teams, to enhance the OCZ enterprise solution portfolio."

Mr. Wagner possesses over seventeen years of experience in product development and strategic alliances in the vertical market, most recently serving as the Director of Alliances for twelve years at AMD. During his tenure he formed alliances with numerous key strategic partners including ATI and NVIDIA, launched and validated the companies' first chipsets, and successfully managed the organization's 64-bit device driver ecosystem. Mr. Wagner has also served in management positions at other publicly held companies including ATI and Sega, and holds a B.S. in Economics and a Minor in Computer Science from Sacramento State University.

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.