Latest Firmware Update Offers Added Value to New and Existing
        Customers by Doubling Random Write IOPS Performance

SAN JOSE, Calif., Jan. 23, 2012 (GLOBE NEWSWIRE) -- OCZ Technology
Group, Inc. (Nasdaq:OCZ), a leading provider of high-performance
solid-state drives (SSDs) for computing devices and systems, today
announced the release of new enhanced IOPS firmware (v1.13) for the
Octane SATA 3.0 Series SSDs. The random write performance has been
significantly improved, in some capacities over double that of the
previous specifications, for users looking to push their SSD
performance to new heights.

For all Octane SATA 6Gb/s models, the improved IOPS made possible by
this new firmware allow for greater transactional performance,
especially during small file and random access speeds in everyday
computing applications. When compared to the previous revision, random
write IOPS performance doubles across nearly all capacities when tested
in Iometer 2008:


                                              
                                              
  ------------------------------------------- 
                                              
                     Old Random   New Random  
                      Write 4K     Write 4K   
                      IOPS (FW     IOPS (FW   
                      v1.12)       v1.13)     
  -----------------  -----------  ----------- 
                                              
  Octane 128GB       7,700        18,000      
  -----------------  -----------  ----------- 
                                              
  Octane 256GB       12,000       25,000      
  -----------------  -----------  ----------- 
                                              
  Octane 512GB       16,000       26,000      
  -----------------  -----------  ----------- 





OCZ strives to offer the fastest, highest performing solutions on the
market and continues to support customers by offering firmware
innovations to their storage investments. The new enhanced IOPS
firmware will begin shipping in the next batch of drives to resellers,
and the upgrade file will be made available to existing customers via
the company's website.

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.

The OCZ Technology Group, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7439

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, 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 17, 2011, and amended on May 31,
2011, 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.


CONTACT: Media Contact:
         Jessica Luken, Director of Global Marketing
         (408) 733-8400
         jluken@ocztechnology.com
         
         Investor Relations Contact:
         OCZ Technology Group, Inc.
         Bonnie Mott, Senior Manager of Investor Relations
         408-440-3428
         bmott@ocztechnology.com