OCZ Technology Signs SED International to Distribute Consumer-Based Solid-State Drives in Latin America and the Caribbean

Wed Dec 5, 2012 8:00am EST

* Reuters is not responsible for the content in this press release.

WIRE) --
OCZ Technology Group, Inc. (NASDAQ: OCZ), a leading provider of
high-performance solid-state drives (SSDs) for computing devices and
systems, today announced that SED International (NYSE MKT: SED), an
established multinational distributor of leading computer technology
products, is now authorized to distribute OCZ's complete line of
consumer-based SSDs in Latin America and the Caribbean.This includes
OCZ's popular SATA-based Vertex and Agility SSD Series, the PCIe-based
RevoDrive SSD Series, and the recently announced Vector SSD Series
featuring OCZ's new Barefoot 3 controller that delivers advanced I/O
performance and enhanced endurance for personal computing environments.

    The distribution agreement with OCZ represents SED International's first
SSD brand for the Latin American region providing an alternative storage
technology to hard disk drives (HDDs) given today's performance disparity
between servers and HDDs. As data traffic continues to exponentially
increase, the mechanical and physical limitations of HDDs result in
system bottlenecks that compromise the end user experience necessitating
the need for faster, more reliable storage solutions. 

    "As one of the first major providers of solid-state drives with a rich
history of technological innovations, OCZ became our SSD vendor of choice
as they offer a well-rounded consumer portfolio focused on
high-performance, improved reliability and greater affordability," said
Ronell Rivera, Senior Vice President-Latin America for SED International.
"We are very pleased to partner with OCZ as a key strategic distributor
in the region and with a rich line-card that extends to high-performance
enterprise applications, enables the partnership to grow into other areas
of the data center."

    "We are pleased to build upon our distribution strategy in Latin America
and the Caribbean with such a high-profile and customer-oriented
value-added distributor as SED International," said E. Zeke Olazaba,
Director of Sales-Latin America for OCZ Technology. "The combination of
our reseller programs, coupled with extensive service and support and a
comprehensive product line-up, will help SED expand its storage solutions
presence in a burgeoning region."

    As a result of today's distribution agreement, OCZ is poised to increase
its market penetration in a growth area with a leading distribution

    About SED International Holdings, Inc.
Founded in 1980, SED International Holdings, Inc. is a multinational,
preferred distributor of leading computer technology, consumer
electronics, and small appliance products. The company also offers
custom-tailored supply chain management services ideally suited to meet
the priorities and distribution requirements of the e-commerce,
Business-to-Business and Business-to-Consumer markets. Headquartered near
Atlanta, Georgia with business operations in California; Florida;
Georgia; New Jersey; Texas; Bogota, Colombia and Buenos Aires, Argentina,
SED serves a customer base of over 10,000 channel partners and retailers
in the United States, Latin America, and Caribbean. To learn more, please
visit www.SEDonline.com; or follow us on Twitter @SEDIntl.

    About OCZ Technology Group, Inc.
Founded in 2002, San Jose, CA-based OCZ Technology Group, Inc. (OCZ) is a
global leader in the design, manufacturing, and distribution of
high-performance solid-state storage solutions and premium computer
components. Offering a complete spectrum of solid-state drives (SSDs),
OCZ provides SSDs in a variety of form factors and interfaces (i.e. PCIe,
SAS and SATA) to address a wide range of client and enterprise
applications. Having developed firmware and controller platforms, to
virtualization and endurance extending technologies, the company delivers
vertically integrated solutions enabling transformational approaches to
how digital data is captured, stored, accessed, analyzed and leveraged by
customers. 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 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 14, 2012, 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.

    All trademarks or brand names referred to herein are the property of
their respective owners.

OCZ Press Contact:
Scott Harlin
Director of Marketing Communications
(408) 440-3484

OCZ Investor Relations Contact:
Bonnie Mott
Senior Manager of Investor Relations
(408) 440-3428
Copyright 2012, Market Wire, All rights reserved.

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