OCZ Technology Targets European Enterprise Market with New Solutions At CeBIT 2010 In Hannover, Germany

Company Focuses on Driving Solid State Drive (SSD) Adoption

SAN JOSE, Calif.--(EON: Enhanced Online News)--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, intends to focus on driving solid state drive (SSD) adoption in the European market at CeBIT 2010 to be held March 2-6, 2010, at the Hannover Exhibition Center in Hannover, Germany. As a pioneer in the booming SSD sector, OCZ has designed its latest technology to deliver the highest levels of performance for both consumers and enterprise clients. For conference participants interested in viewing OCZ’s products, the company will be located in Hall 17, Stand E64.

“At CeBIT 2010, OCZ continues to expand our robust SSD lineup with the introduction of next-generation solid state storage solutions in an increasingly wide array of interfaces that truly deliver transformational capabilities when addressing the unique challenges of enterprise clients.”

“There are an increasing number of applications where SSDs are quickly replacing traditional hard drives, including mobile and high-performance computing as well as numerous enterprise environments,” commented Alex Mei, CMO at the OCZ Technology Group. “At CeBIT 2010, OCZ continues to expand our robust SSD lineup with the introduction of next-generation solid state storage solutions in an increasingly wide array of interfaces that truly deliver transformational capabilities when addressing the unique challenges of enterprise clients.”

OCZ’s SSDs not only continue to redefine storage performance, reliability, and power efficiency, but also address a wide range of applications from top-tier data management to personal notebooks. At CeBIT, OCZ will demonstrate how its SSDs can transform businesses still relying on traditional hard drives for storage infrastructures and OEM solutions. Implementing the latest technology, next-generation OCZ SSDs, characterized as Vertex LE, Vertex 2, and Agility 2, deliver versatility in the management of all file sizes, and are ideal for customers who place a premium on optimal productivity, low power consumption and total cost of ownership (TCO).

With a proven track record in the design and manufacture of SATA-based solid state drives, OCZ is now addressing the demand for even higher-performing PCI-Express and serial-attached SCSI (SAS) SSDs in the enterprise space, including current options such as the innovative Z-Drive series, which will be showcased in its fourth-generation design. The sophisticated drives feature an innovative, high-performance design to serve the needs of the entire range of large-scale computing environments, from server arrays to the small business.

OCZ remains committed to the enthusiast community and will be demonstrating the cutting-edge Enyo USB 3.0 portable SSD. Geared toward the early adopting power-user, the OCZ Enyo sets the bar high for external storage devices with speeds that are 10 times faster than USB 2.0. Likewise, the latest OCZ power supplies offer industry-leading efficiency and stability to support a wealth of power-hungry components and push high-end systems to the limit.

OCZ’s reputation for breakthrough products and leadership in technology development will be proven once again at this year’s CeBIT with the company’s complete lineup of premium SSDs and high-performance components.

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 Solid State Drives (SSDs) and premium computer components. OCZ has built on its expertise in high-speed memory to become a dominant player in the SSD market, 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 five hundred customers in thirty countries, OCZ is supported by approximately three hundred 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 3nd quarter 2010. The filing is available on our website at www.ocztechnology.com. We do not undertake to update our forward-looking statements.