Solid State Drive (SSD) Company to Start Trading as “OCZ”

[Apoptosis]

Solid State Drive (SSD) Company to Start Trading as “OCZ” on April 23, 2010

SAN JOSE, CA—April 21, 2010—OCZ Technology Group, Inc. (OTCBB: OCZT), a worldwide leading provider of high-performance solid-state drives (SSDs) and memory modules for computing devices and systems, has been approved to be listed on the NASDAQ Capital Markets and will commence trading its common stock under ticker symbol “OCZ” on Friday, April 23, 2010.

Ryan Petersen, CEO of the OCZ Technology Group, commented: “Trading on the NASDAQ has been a goal of OCZ since we listed in the US, and our approval is a significant milestone for our shareholders. Our core initiatives are focused on strengthening our position in the burgeoning SSD market, which our recent announcements on retail and enterprise product launches and the signing of distribution partners for our SSD products represent. We look forward to gaining visibility on the NASDAQ and utilizing the benefits of trading on the exchange.”

To request further information - http://ir.stockpr.com/ocztechnology/request-information

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 leading-edge computer gaming solutions. For more information, please visit: http://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 II in OCZ’s Quarterly Report on Form 10-Q filed with the SEC on January 14, 2010. The filing is available both at http://www.sec.gov as well as via OCZ’s website at http://www.ocztechnology.com. OCZ does not undertake to update its forward-looking statements.

[Apoptosis]

NASDAQ Welcomes OCZ Technology Group, Inc.

NEW YORK, April 23, 2010 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ - News), the world's largest exchange company, announced that the trading of OCZ Technology Group, Inc. (Nasdaq:OCZ - News) commenced today on The NASDAQ Stock Market (NASDAQ). OCZ Technology Group, a worldwide leading provider of high-performance solid state drives (SSDs) and memory modules for computing devices and systems, trades on NASDAQ under the ticker symbol OCZ.

"We are pleased to welcome OCZ Technology Group to NASDAQ, the market of choice for public technology companies," said Bruce Aust, Executive Vice President, Corporate Client Group, NASDAQ OMX. "With an array of products and services, NASDAQ offers unmatched support to companies like OCZ Technology Group, a dominant player in the manufacturing and distribution of solid state drives -- a game-changing technology."

Ryan Petersen, CEO of the OCZ Technology Group, commented: "Trading on the NASDAQ has been a goal of OCZ since we listed in the U.S., and our approval is a significant milestone for our shareholders. Our core initiatives are focused on strengthening our position in the burgeoning SSD market, which our recent announcements on retail and enterprise product launches and the signing of distribution partners for our SSD products represent. We look forward to gaining visibility on the NASDAQ and utilizing the benefits of trading on the exchange."

Founded in 2002, San Jose, CA-based OCZ Technology Group, Inc. 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, visit http://www.ocztechnology.com. To sign up for OCZ Email alerts, click http://ir.stockpr.com/ocztechnology/request-information.

There are approximately 684 technology companies listed on The NASDAQ Stock Market, which represents approximately 80% of publicly traded technology companies in the U.S. markets.

About NASDAQ OMX

The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.