SAN JOSE, CA—March 10, 2010—OCZ Technology Group, Inc. (OTCBB:OCZT), a worldwide leader in innovative, ultra-high performance and high reliability memory and flash-based storage as an alternative to hard disk drives (HDDs), today unveiled the OCZ Onyx SATA II 2.5” Solid State Drive (SSD) Series, an ultra-affordable Multi Level Cell (MLC)-based solid state storage solution designed for consumers looking to take advantage of flash-based storage technology. Offering a faster and more durable alternative to traditional hard drives in a cost-efficient SSD, the Onyx delivers reliable performance without the high price normally associated with SSD drives.
“As new technologies become available, OCZ continues to expand both our enterprise and consumer SSD lines, and one of our goals is to make SSDs more affordable to end-users. Our new Onyx series SSD does exactly that and is a perfect solution for netbooks, laptops, or home desktop PCs,” commented Ryan Petersen, CEO of the OCZ Technology Group. “Designed to offer the best of both worlds, the new OCZ Onyx SSD delivers the speed and reliability of solid state storage to mainstream consumers at an aggressive price point that makes the technology more accessible to customers who want to take advantage of all the benefits of the SSDs without incurring the high cost normally associated with the solution.”
With a sub 100 dollar MRSP the aggressively priced Onyx 32GB SSD delivers an enhanced computing experience with faster application loading, snappier data access, shorter boot-ups, and longer battery life. Onyx SSDs feature HDD-dominating access times, up to 125MB/s read and 70MB/s write speeds, 64MB of onboard cache, and unique performance optimization to keep the drives at peak performance over the long term.
OCZ Onyx SSD drives feature a durable yet lightweight housing, and because OCZ SSDs have no moving parts, the drives are more rugged than conventional hard drives. Available first in 32GB capacity the Onyx state drives are ideal for use as a boot up drive or for mobile PCs and Netbooks as a quality hard drive replacement. Designed for ultimate reliability, Onyx SSDs have an excellent 1.5 million hour mean time between failure (MTBF), and OCZ also offers a leading 3-year warranty and award-winning technical support with the series, making SSDs a more viable upgrade for users requiring ultimate levels of customer service.
For more information on the OCZ Onyx Series SSD, please visit our product page here.
About OCZ Technology Group, Inc.
Founded in 2002, San Jose, CA-based OCZ Technology Group, Inc. (“OCZ”) has built on its expertise in high-speed memory to become a dominant player in the manufacturing and distribution of solid state drives (SSDs), a disruptive, game-changing technology that is replacing traditional rotating magnetic hard disk drives (HDDs). SSDs are faster, more reliable, run cooler, and use significantly less power than the HDDs used in the majority of computers today. With the industry shifting from HDDs to SSDs, OCZ is well positioned to be a leader in this space. In addition to SSD technology, OCZ also offers high performance components for computing devices and systems, including enterprise class power management products as well leading edge computer gaming solutions. With over three hundred customers in thirty countries, OCZ is supported by approximately two hundred ninety employees and has offices in San Jose, San Diego, Canada, Holland, and a manufacturing and logistics center in Taiwan. 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 the company 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, (i) adverse change in general economic conditions; (ii) adverse change in the industries OCZ serves including without limitation computer manufacturing, retailers and etailers, information storage, internet search and content providers and computer system integrators; (iii) OCZ’s ability to manage material, including integrated circuit chip costs, and freight costs; (iv) OCZ’s ability to generate cash from operations, secure external funding for its operations and manage its liquidity needs; (v) material adverse change in customers’ access to liquidity and capital; (vi) currency exchange or interest rates changes; (vii) market acceptance of the company's products; (viii) significant changes in the competitive environment; (ix) changes in law, regulations and tax rates; and (x) other general economic, business and financing conditions and factors described in more detail in “Item 1A – Risk Factors” in Part II of our Form 10-Q filed with the SEC on January 14, 2010 for the 3rd quarter 2010. The filing is available on our website at www.ocztechnology.com. We do not undertake to update our forward-looking statements.
