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Certain OCZ Shareholders Execute Agreements for Private Sale of Common Stock

To institutional and accredited investors

OCZ Technology Group, Inc. announced that certain shareholders of OCZ Technology Group, Inc. have signed definitive agreements with various institutional and accredited investors for the sale of OCZ common stock. OCZ will not receive any of the proceeds of such sale.

OCZ agreed to file a registration statement with the Securities and Exchange Commission, registering the resale of these shares following the close of the transaction.

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