GlobeNewswire
2012-01-05
Partnership Makes OCZ Solid State Solutions Available to
Value Added Resellers
SAN JOSE, Calif., Jan. 5, 2012 (GLOBE NEWSWIRE) -- OCZ Technology
Group, Inc. (Nasdaq:OCZ), a leading provider of high-performance
solid-state drives (SSDs) for computing devices and systems, has signed
a distribution agreement with Ingram Micro (UK), a Division of Ingram
Micro Inc. (NYSE:IM), to increase the availability of OCZ's SSDs for
business and enterprise clients.
A Fortune 100 company, Ingram Micro is the largest global wholesaler of
technology products and supply chain management services and will
greatly expand the OCZ presence in the UK market.
"Ingram Micro is a recognized leader in the region for the distribution
of premium storage solutions, and we are pleased to partner with Ingram
to make our client and enterprise solid state storage products more
available to customers throughout the region," said Richard Singh, CSO
of OCZ Technology Group. "Ingram Micro's clients can now take advantage
of the complete range of OCZ's best-of-breed SSD solutions which are
designed to push the envelope in performance, reliability, and total
cost of ownership."
"With the solid state drive market in steep growth, it is important to
us that our portfolio of available product is meeting the needs of our
SMB and Enterprise customers," said Mike Farrah, Commercial Director at
Ingram Micro. "OCZ has a powerful focused offering, and we are pleased
to take this opportunity to bring the products to a wide audience with
immediate availability."
Ingram Micro will be distributing OCZ's complete line of performance
solid state drive solutions to its expansive customer base. Flash
storage continues to revolutionize many aspects of computing and IT
including performance, durability, and power efficiency for enterprise
applications over traditional hard drives.
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
About Ingram Micro Inc.
As a vital link in the technology value chain, Ingram Micro creates
sales and profitability opportunities for vendors and resellers through
unique marketing programs, outsourced logistics technical and financial
support, managed and cloud-based services, and product aggregation and
distribution. The company is the only global broad-based IT
distributor, serving more than 150 countries on six continents with the
world's most comprehensive portfolio of IT products and services. Visit
www.ingrammicro.com or eu.ingrammicro.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, 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