Tech Data's Advanced Infrastructure Solutions (AIS) Division to Offer OCZ's Full Line of Solid-State SSDs and Enterprise Software Solutions
SAN JOSE, CA and CLEARWATER, FL--(Marketwired - August 21, 2013) - OCZ Technology Group, Inc. (NASDAQ: OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced that it has signed Tech Data Corporation (NASDAQ: TECD), one of the world's largest wholesale distributors of technology products, services and solutions, to a distribution agreement. Under the terms of the agreement, Tech Data's Advanced Infrastructure Solutions (AIS) Division is now authorized to distribute OCZ's complete portfolio of flash-based enterprise and client SSDs and associated software solutions to its sales channel throughout North America and Latin America.
"The signing of Tech Data to a platinum distribution agreement is a key milestone for OCZ as we evolve our sales strategy globally," said Wayne B. Eisenberg, Senior VP of Sales for OCZ Technology. "Our reseller programs, extensive service and support, comprehensive portfolio and cost-effective pricing will provide Tech Data's proven IT sales channel with the support and incentives they need to drive and expand new storage technologies throughout North America and Latin America."
Tech Data's AIS Division supports more than 17,500 value-added resellers (VARs) who specialize in data center and virtualization. The combination of OCZ's Z-Drive R4 PCIe SSDs and VXL Cache & Virtualization Software provides a virtual performance system that accelerates virtual machine (VM) applications and an ideal solution for the AIS VAR channel. Additionally, OCZ's new plug-and-play, tightly integrated hardware/software ZD-XL SQL Accelerator is another well-positioned product for AIS distribution, as it accelerates and optimizes SQL Server workloads so that the most relevant data is always available to the application when needed. Tech Data's AIS Division will also distribute OCZ's popular Deneva 2 SATA III SSDs and Talos 2 SAS SSDs for enterprise and small-to-medium-sized business (SMB) applications as well as the complete range of award-winning high-performance SSDs for client applications.
"We are very excited to add OCZ to our AIS portfolio, as their complete product portfolio will complement our growing list of enterprise storage solutions as we expand IT sales opportunities," said Ken Griffin, Vice President, AIS Storage Solutions at Tech Data. "Offering OCZ's high-performance SSDs, innovative virtualization software and its unique SQL acceleration card through our AIS Division will provide resellers looking to grow their storage operations with leading-edge technology, expert IT knowledge, and best-in-class services."
To help drive and support the Tech Data distribution channel and encourage VAR participation, OCZ developed its Elite VAR Program (EVP) that provides authorized Tech Data AIS Division VARs with sales incentives, product training, service levels, technical support and resources in support of OCZ's enterprise product line card.
With a rich history of technological innovation that has driven the SSD industry, OCZ products are highly regarded for high-performance, improved reliability and greater affordability, and its complete solid state storage portfolio is now available in North America and Latin America through the Tech Data AIS Division. For more information on OCZ enterprise solid state solutions select www.ocz.com/enterprise. For more information on OCZ client solid-state solutions select www.ocz.com/consumer. To speak directly with Tech Data's AIS team, contact 800-228-7901.
About Tech Data
Tech Data Corporation is one of the world's largest wholesale distributors of technology products, services and solutions. Its advanced logistics capabilities and value-added services enable 120,000 resellers in more than 100 countries to effectively support the diverse technology needs of end users. To learn more, visit www.techdata.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. More information is available at www.ocz.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, 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; 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; OCZ's ability to obtain sufficient NAND flash; 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.ocz.com. OCZ does not undertake to update its forward-looking statements.
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