OCZ Technology Launches New VXL 1.3 Software at CeBIT 2013, Evolving Solid State Virtualization and Caching to New Levels

Virtualization Solution Delivers an Automatic Cache Warm-Up Scheduler and Data Mirroring Enhancements That Enable 'SAN-less' Virtualized Services

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HANNOVER, GERMANY--(Marketwire - March 05, 2013) - CeBIT 2013 -- OCZ Technology Group, Inc. (OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced the general availability of the next release of its popular VXL Cache and Virtualization Software. VXL 1.3 has evolved its synchronous data mirroring capabilities and automatic server failover mechanisms to enable 'SAN-less,' highly available, fault tolerant environments based entirely on virtualized host flash. The ability to provide uninterrupted service for business-critical applications even during severe system failures is a requirement for IT managers of any sized data center, and ideally suited for virtualized database deployments, email servers, or cloud computing applications.

Another innovation in this new version of VXL allows IT managers to pre-load the cache with critical data at pre-determined schedules to ensure that important data is available on SSD flash at the precise time it is required by the application. This advancement is particularly well suited for business intelligence and data analysis applications, and in particular, for columnar database deployments where the periodic collection of data to a distributed flash cache enables real-time online analysis. Virtual Desktop Infrastructure (VDI) applications benefit as well with the ability to alleviate boot storms or expected peak usage at specific times.

"We have been deploying OCZ's VXL Software (with OCZ Z-Drives) to enterprise data centers since their very first version, and have seen IT administrators resolve an expanding range of data access requirements with this solution," said Alexander Ruebensaal, Managing Director, ABC Systems AG Switzerland. "We are very pleased with this latest release of VXL and its expanded functionality addresses the real-world needs of our enterprise customers who are transforming their data centers through the use of on-host flash."

"Our customer base has been a great resource in making sure that VXL's functional roadmap is built around the specific real-world caching and virtualization needs when deploying flash in the enterprise," said Dr. Allon Cohen, Vice President of Software and Solutions for OCZ Technology. "This release of VXL Software continues to evolve 'the next frontier' of flash virtualization by providing enhanced capabilities to enterprise caching and advanced support for virtualized services."

Enhanced capabilities within VXL 1.3 Software enable OCZ Z-Drive R4 PCI Express (PCIe) SSD flash volumes to be virtualized and synchronously mirrored, so they are continuously available to support advanced High Availability (HA) and end-to-end Fault Tolerance (FT) services from within the virtualized host without the need for any back-end SAN or storage appliance. This approach yields no data loss and no virtual machine (VM) downtime even during complete server failures.

To enable 'SAN-less' virtualized services, VXL 1.3 Software synchronously replicates flash data through mirroring between Z-Drive R4 PCIe cards residing on redundant servers, keeping two live identical copies of the VM data, down to the last bit. The net impact of this SAN-less, flash-only infrastructure is that the virtual environment becomes significantly simpler to manage, and since all data is stored on Z-Drive R4 SSD flash inside of each server, flash-level storage performance and lower power and cooling is enabled.

For enterprise caching, VXL Software features a unique 'business-rule' pre-warming cache engine that adapts the flash cache to the activity cycles in the data center to determine peak I/O performance needs at certain times. This enables IT managers to automatically pre-warm the cache in advance of important and demanding jobs, assuring that relevant application data resides on the cache when the application needs it. VXL 1.3 Software evolves this capability even further with a new cache warm-up scheduler that enables IT managers to identify repeated access patterns and set periodic time schedules to preload critical data to cache, assuring that the critical data on SSD flash is available at the exact time it is needed by the application.

OCZ's new VXL 1.3 Software will be demonstrated March 5ththrough March 9th in the company's exhibit at CeBIT 2013 (Hall 2, Stand E43), and is now being deployed at select customer sites. With this general availability announcement, existing VXL Software customers with support contracts will be able to upgrade to this latest release through their OCZ enterprise support contacts.

About VXL Software

VXL Software works in conjunction with the Company's Z-Drive R4 PCIe SSDs to provide a combined virtualization solution that enables efficient on-demand distribution of flash, maximizing application performance. The transparent distribution of all unallocated flash as a dynamic cache resource assures that the flash is optimally utilized at all times, regardless of how many VMs are running concurrently, and enables flash cache physically located in one host server to be shared across remote servers simultaneously.

As an added benefit, VXL Software does not require guest agents or special drivers within the application VM dramatically simplifying deployment, and the solution works with any operating system supported by a virtualization hypervisor. By combining the power of storage virtualization with PCIe flash caching, and by working centrally with the hypervisor rather than with each local VM, OCZ developed a solution that takes full advantage of flash without losing any of the benefits associated with virtualization. For more information on VXL 1.3 Software, please access www.oczenterprise.com.

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, the risk that additional information may arise from the oversight of the audit committee; the risk that the process of preparing and auditing the financial statements or other subsequent events would require OCZ to make additional adjustments; the time and effort required to complete the restatement of the financial reports; the ramifications of OCZ's potential inability to timely file required reports; including potential delisting of OCZ's common stock on NASDAQ; the risk of litigation or governmental investigations or proceedings relating to such matters; the risk that OCZ may not be able to successful negotiate an amendment to its credit facility; 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.

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Contact:
OCZ Press  
Scott Harlin
Director of Marketing Communications - Enterprise
(408) 440-3484
sharlin@ocztechnology.com 

OCZ Investor Relations
Bonnie Mott
Senior Manager of Investor Relations
(408) 440-3428
bmott@ocztechnology.com
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