SAN JOSE, CA and MIAMI, FL--(Marketwire - January 17, 2013) - OCZ Technology Group, Inc. (OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced that it has signed Intcomex, Inc. to distribute OCZ's complete line of consumer-based SSDs in Latin America and the Caribbean. As part of the OCZ portfolio is the new Vector SSD Series featuring the advanced Barefoot 3 controller that delivers the industry's fastest I/O performance and 'enterprise-like' endurance justifying the dozens of Editors Choice Awards it has received worldwide. In addition to the flagship Vector Series, Intcomex will also carry OCZ's popular SATA-based Vertex Series and Agility Series, as well as the PCIe-based RevoDrive Series.
As the largest pure-play value-added distributor of IT products focused solely on serving the Latin American and Caribbean markets, Intcomex is completely dedicated on distributing computer equipment components, networking products, peripherals, software, etc. to almost 50,000 customers in over 40 countries, and provides a one-stop shop by stocking more than 13,000 products from over 140 vendors. With twelve 'in-country' distribution offices in Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Jamaica, Mexico, Panama, Peru, and Uruguay, Intcomex is ideally suited to provide the product mix, services, support and training to its local network of resellers, large-scale retailers, and system integrators in a more personal, expeditious manner.
"We are very excited to complement our existing IT portfolio with leading solid-state drives from OCZ which are highly regarded in our region for their technical innovation, leading performance, advanced drive life and extreme affordability," said Carlos Ruzal, Director of Purchasing and Product Management for Intcomex. "As part of our support for OCZ's SSD portfolio, we deliver a unique set of services including training on new products, technical support, warranty services, assistance with customs, duties and taxes, and efficient shipping and receiving processes that has become the driving force behind our stellar customer service and continued success."
"We are pleased to expand our distribution strategy in Latin America and the Caribbean with Intcomex who is completely dedicated and focused on providing the complementary IT products and value-added services that high-tech resellers are accustomed to," said E. Zeke Olazaba, Director of Sales-Latin America for OCZ Technology. "As a key distribution partner in the region, with a rich line-card of IT products and unique services, we anticipate that that this partnership will extend into enterprise applications supporting other areas of the data center."
With today's announcement, OCZ is poised to increase its market penetration in a burgeoning region with a leading distribution partner and network of resellers supporting small to large businesses, home and entertainment users, and communities covering banking, financial, government and corporate.
About Intcomex, Inc.
Intcomex is a United States-based value-added distributor of information technology (IT) products focused solely on serving the Latin America and Caribbean markets. The company distributes computer components, peripherals, software, computer systems, accessories, networking products, digital consumer electronics and mobile devices to more than 47,000 customers in 40 countries. Founded in 1988, Intcomex started as a small software retailer in South Florida and began exporting IT products from the U.S. to Latin America in 1989. For more information, please visit www.intcomex.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.
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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