SSD Firm OCZ in Preparation for U.S. Public Listing

OCZ Technology Group, Inc., in solid state disks, memory, power supplies and computer components, has filed its Form 10 Registration Statement with the Securities and Exchange Commission, pursuant to section 12(g) of the Securities Exchange Act. Section 12(g) provides the registration statements there under shall become effective within 60 days after filing. The Company will issue a subsequent announcement when the registration statement becomes effective.

"The filing of our registration statement is a key milestone for OCZ," stated OCZ President and CEO Ryan Petersen. "The Form 10 is a prerequisite of a U.S. public listing, and upon its effectiveness we will be one step closer to our stated goal of becoming a publicly traded stock in the U.S. capital markets, the most liquid markets in the world. After nearly three years of being listed on a foreign exchange, we look forward to introducing this American success story to American investors."

Based in the Silicon Valley, OCZ employs approximately 300 staff across offices in the USA (Sunnyvale and San Diego), Canada, Holland and its manufacturing and logistics center in Taiwan.