SAN JOSE, CA - April 19, 2011 - OCZ Technology Group, Inc., (Nasdaq:OCZ) a leading designer, manufacturer and distributor of high-performance solid state drives, today announced that it has appointed Ralph Schmitt to its board of directors as an independent non-executive director.
"We are pleased to welcome Ralph Schmitt to our board," said Ryan Petersen, CEO and chairman of OCZ Technology Group. "Ralph has been involved in the semiconductor industry for over 25 years and chairs the Global Semiconductor Alliance (GSA) Emerging Company Council. His extensive board-level and executive management experience for numerous fast growing semiconductor companies, coupled with his strong technical background, will be a valuable addition as we continue to capitalize on the latest SSD industry trends."
Since 2008, Schmitt has served as president and CEO of PLX Technology, Inc., a global provider of semiconductor-based connectivity solutions primarily targeting the enterprise and consumer markets. He has also chaired the GSA Emerging Company Council since 2010. During 2008, he consulted with a variety of venture capitalists, and acted as CEO of Legend Silicon, a privately funded Chinese terrestrial digital TV semiconductor company. From 2005 through 2007, Schmitt was CEO of Sipex, an analog semiconductor company that merged with Exar in 2007, where he was appointed CEO. From 1999 to 2005, Schmitt was executive vice president of Sales, Marketing, and Business Development for Cypress Semiconductor where he led sales growth to more than $1 billion while also overseeing the acquisition and integration of numerous companies. Schmitt has served on the boards at Cypress subsidiaries and other privately held semiconductor and systems companies. Schmitt holds a BSEE from Rutgers University.
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.
OCZ Appoints Ralph Schmitt to Board of Directors
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OCZ Appoints Ralph Schmitt to Board of Directors
OCZ Technology Group Appoints Semiconductor Industry Veteran Ralph Schmitt to Board of Directors