GlobeNewswire
2010-09-08
New Customer Agreement to Expand Global Availability of OCZ's
Products
SAN JOSE, Calif., Sept. 8, 2010 (GLOBE NEWSWIRE) -- OCZ Technology
Group, Inc. (Nasdaq:OCZ), a leading provider of high-performance
solid-state drives (SSDs) and memory modules for computing devices and
systems, has signed a distribution agreement with Microsens Group to
establish a partnership to make OCZ's SSDs, high-performance memory,
and power supplies more readily available in Brazil.
With more than 25 years of expertise in the region, Microsens is an
ideal partner for the Brazil market. In addition to their
well-established distribution channel in the South American region,
Microsens has unique retail customer base including an e-tail outlet,
MegaMamute. Microsens and MegaMamute will carry the complete line of
OCZ products, including the full range of SSDs, high performance DRAM,
as well as gaming power supplies.
"We are pleased to partner with Microsens and their e-tail arm
MegaMamute for the distribution of our high end component solutions,"
said Richard Singh, Senior VP of Worldwide Sales at the OCZ Technology
Group. "This partnership will allow OCZ to continue to strengthen our
international sales and make the complete line of our products,
including our high performance SSDs, more readily available to
consumers in South America."
"OCZ products are of the highest quality and are a perfect addition to
our product offerings, which has a specialty focus on computer
components utilized in e-commerce and data processing," stated
Cristiane Bastos, Director of MegaMamute. "Our organization was founded
on delivering the best hardware products, and the ability to provide
our customers with innovative OCZ solutions reaffirms our commitment to
this strategic market."
By partnering with sales leaders such as Microsens, OCZ strives to
broaden its reach to the global market and maintain its dedication to
supplying the best range of SSDs, memory, and power supplies worldwide.
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 SSD market, 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 II in OCZ's Annual Report on
Form 10-K filed with the SEC on May 20, 2010. 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: OCZ Technology Group, Inc.
Ryan M. Petersen, CEO
408-733-8400
MegaMamute
William Costa, Marketing Manager
+55 43 3031.8319
william.costa@megamamute.com.br
The Investor Relations Group
Adam S. Holdsworth
212-825-3210