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OCZ Storage Solutions' PCIe-Based Z-Drive SSD Series Certified As DataCore Ready

OCZ Storage Solutions - a Toshiba Group Company and leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced that its entire PCIe-based enterprise-class Z-Drive SSD Series are now certified as DataCore Ready. Through this certification program, OCZ's Z-Drive SSD Series has demonstrated product compatibility with DataCore's SANsymphony-V software platform by meeting the verification criteria set by DataCore through the successful execution of planned functional tests.

SANsymphony-V is DataCore's ninth-generation storage virtualization solution and is currently being used in more than 10,000 customer sites worldwide. The software is designed to maximize IT infrastructure performance, availability and utilization by virtualizing storage assets. Once deployed, it seamlessly manages and scales data storage architectures, combines all available storage into a single storage pool and virtualizes it delivering large performance gains through a hardware-agnostic model.
"We are pleased that OCZ's Z-Drive SSD Series is now DataCore Ready certified as this enables our joint customers to confidently utilize one of the fastest PCIe-based SSD products to further optimize application performance on software-defined architectures," said Carlos M. Carreras, Vice President of Alliances and Business Development at DataCore. "In the software-defined data center, virtualization, automation and system efficiencies must be driven through software, requiring a cost-effective approach to managing storage growth while getting the most out of hardware investments."

OCZ Storage Solutions Announces Beta Program for Next ZD-XL SQL Release

OCZ Storage Solutions - a Toshiba Group Company and leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced that it has initiated a beta test program for the next release of ZD-XL SQL Accelerator and invites enterprise SSD customers and SQL Server database administrators (DBAs) to participate. DBAs looking to accelerate SQL Server workloads via SSD flash or flash caching, and have production SQL Server data to run on the new ZD-XL SQL Accelerator platform are especially sought for this beta testing program. Those interested in becoming a ZD-XL SQL Accelerator 1.5 beta tester are invited to complete the online application form here.

The next generation ZD-XL continues to provide optimized and efficient flash acceleration for SQL Server environments through its tight integration of innovative hardware and software elements. It supports SQL Server 2008 R2 and 2012 versions, as well as the new 2014 version released April 1st by Microsoft that builds on the key features delivered in previous SQL Server versions, improving storage performance, availability and manageability. ZD-XL 1.5 enables DBAs to unleash the full power of SQL Server 2014 features, such as flash Buffer Pool Extension (BPE) support, that enables database pages to be accessed faster by loading them directly from flash.

OCZ Announces Partnership with Private Label PC for Distribution in the Americas

OCZ Storage Solutions - a Toshiba Group Company and leading provider of high-performance solid state drives (SSDs) for computing devices and systems, today announced its new partnership with Private Label PC (PLPC) for distribution of its complete portfolio of storage solutions. As the largest storage provider with a well established customer base, OCZ SSDs will be more readily available for channel customers in the North and South American markets.

PLPC is a key storage solution provider in North, Central, and South America with a strong base of over 3000 customers and has been in operation for nearly 30 years, and currently supplies over one million units of storage products per quarter to its extensive customer base. "We are pleased to announce Private Label PC as an authorized distributor of our full line of solid state products," said Wayne Eisenberg, Senior Vice President Global Sales, OCZ Storage Solutions, "PLPC has a long history of being a leading provider of enterprise and client storage products to a very diverse customer base throughout the Americas and we are looking forward to working together to address the increasing demand for SSDs."

OCZ and AMD to Showcase Solid-State Supercharged Gaming Systems at GDC

OCZ Storage Solutions - a Toshiba Group Company and leading provider of high-performance solid state drives (SSDs) for computing devices and systems, today announced its partnership with AMD to showcase the power of high performance technology at the Game Developer Conference (GDC) March 17-21 at the Moscone Center in San Francisco, CA. AMD's demo systems will feature best-in-class Vector 150 Series solid state drives demonstrating how developers can enhance productivity and efficiency in their work.

"We are excited to partner with AMD for the upcoming Game Developers Conference to support the fast growing interactive game development industry," said Alex Mei, CMO for OCZ Storage Solutions. "OCZ is dedicated to delivering premium solid state storage solutions that are not only a useful tool for developers, but also meet the unique demands of enthusiasts and gamers on all levels."

OCZ Storage Solutions Addresses Big Data

OCZ Storage Solutions - a Toshiba Group Company and leading provider of high-performance solid state drives (SSDs) for computing devices and systems, today announced that it is showcasing its complete line of enterprise and client products at this week's CeBIT 2014 conference in Hannover, Germany, March 10-14.

"CeBIT continues to be a major event and an excellent opportunity for OCZ to engage directly with our valued customers, partners, and media," said Alex Mei, CMO for OCZ Storage Solutions. "The top theme at this year's CeBIT show is the future of Big Data, which is an ideal fit for OCZ's commitment to solid state storage innovation and the introduction of solutions that enable our customers to capture and manage the countless bytes being generated daily, and leveraging the opportunities brought about by effectively utilizing these large volumes of data sustainably."

OCZ Storage Solutions Launches New Z-Drive 4500 PCIe SSD with WXL Software

OCZ Storage Solutions - a Toshiba Group Company and leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced the introduction of the enterprise-class Z-Drive 4500 PCI Express (PCIe) SSD Series. The new Z-Drive 4500 Series delivers even higher performance in comparison to OCZ's Z-Drive R4 Series, leverages 19 nanometer (nm) MLC NAND flash, and features a more robust architectural design covering 800GB, 1.6TB and 3.2TB usable capacities.

Each model within the Z-Drive 4500 Series is integrated with OCZ's new Windows Accelerator (WXL) Software -- a flash management and caching solution for Microsoft Windows Server applications also announced by the Company today. WXL Software enables IT managers to deliver low-latency flash deployable as a local flash volume, a flash cache for HDD volumes or as a combination of both.

FinalWire AIDA64 v4.20 Released

FinalWire announced the latest version of its smash-hit system diagnostics and benchmarking suite, AIDA64 v4.20. The new version comes with a long list of feature updates, including a new diagnostics page for AMD Mantle API under the "Display" section, a new multi-threaded memory stress test that takes advantage of AVX2, AVX, FMA, BMI2, BMI, and SSE2 instruction sets. Version 4.20 also adds support for Intel Core "Haswell Refresh" processors, "Wildcat Point" PCH, upcoming "Broadwell" CPUs, "Royston" SoCs; Radeon R5, R7, and R9 series GPUs; and OCZ Vertex 460 SSDs.
DOWNLOAD: FinalWire AIDA64 v4.20 (installer) | FinalWire AIDA64 v4.20 (ZIP package)

Toshiba Completes Acquisition of OCZ SSD Assets, Launches New Subsidiary

Toshiba Corporation, a global technology leader and manufacturer of NAND flash memory, today announced that the Company has finalized the purchase of substantially all assets of OCZ Technology Group, making it a wholly owned subsidiary and Toshiba Group Company. Effective immediately, the Group company will operate independently as OCZ Storage Solutions, a leading provider of high-performance solid state drives (SSDs) for computing devices and systems.

The acquisition provides Toshiba with OCZ's enterprise and client SSD businesses and enables the established OCZ brand to continue in full force with a current product portfolio that includes SATA and PCIe consumer drives for high-performance and mainstream applications, and SATA, SAS and PCIe enterprise drives supported by virtualization, cache and acceleration software. OCZ Storage Solutions will leverage Toshiba's cutting-edge NAND and combine it with the Company's proprietary controllers, firmware and software to provide both client and enterprise customers with innovative and cost-effective solid-state storage solutions.

OCZ Technology Gets Court Approval to Sell Its SSD Assets to Toshiba

OCZ Technology Group, Inc., a leading provider of high-performance solid state drives (SSDs) for computing devices and systems, today announced that the Company received approval by the United States Bankruptcy Court for the District of Delaware to sell substantially all of its assets to Toshiba Corporation. The transaction is expected to close within the next week, subject to the satisfaction or waiver of other customary closing conditions under the Asset Purchase Agreement. With this asset purchase, the popular OCZ SSD brand supporting a complete portfolio of enterprise and consumer drives continues in full force leveraged by Toshiba's financial strength and its portfolio of NAND flash memory.

"We are pleased by the court's approval as this business combination allows the company to continue to bring to market disruptive solid state storage technology. We are appreciative of all the support provided by our shareholders, creditors, and vendors which allowed this combination to occur," said Ralph Schmitt, CEO for OCZ Technology. "The OCZ team is excited to be a part of an innovative company like Toshiba where we can continue to develop new and unique SSD technologies that position the Company as a solid state solutions leader in both the client and enterprise storage markets."

OCZ Showcases Vertex 460 Solid State Drive at CES 2014

Keeping itself busy until the Toshiba deal is finalized, OCZ Technology has actually unveiled a new product at CES 2014, the Vertex 460 solid state drive. This updated storage solution comes in a 2.5-inch form factor and features a SATA 6.0 Gbps interface, a Barefoot 3 M10 controller, and Toshiba-made 19 nm MLC NAND Flash memory chips.

The Vertex 460 is capable of transfer speeds of up to 550 MB/s and is set to ship later this month in 120 GB, 240 GB and 480 GB capacities.

Source: Legit Reviews

OCZ to Showcase Consumer and Enterprise Solid State Solutions at CES 2014

OCZ Technology Group, Inc. a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, will showcase its leading portfolio of consumer and enterprise SSDs at the upcoming Consumer Electronics Show (CES) 2014, located in Suite 31-235, Venetian Hotel, Las Vegas, from January 7th through 10th. As part of its presentation at CES, OCZ will unveil the next generation of SATA-based SSDs that utilize the Company's in-house controller and firmware technology.

For the enterprise, OCZ will present comprehensive SATA and PCIe based SSDs that feature virtualization and caching software to accelerate business applications and I/O access. In addition, OCZ will display the recently released Intrepid 3000 Series which delivers the Company's fastest and largest capacity SATA III SSDs to date and features advanced flash management and endurance capabilities that extend NAND flash life and enhance drive reliability while delivering up to five times faster sustained performance than OCZ's previous generation.

OCZ Announces the Intrepid 3000 Series Enterprise Solid State Drives

OCZ Technology Group, Inc., a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today introduced its next-generation Intrepid 3000 Series of enterprise-class SATA III-based SSDs delivering the industry's best sustained performance and consistent I/O responses. As the series supports storage capacities up to 800 GB, Intrepid 3 represents OCZ's highest performing and largest capacity enterprise SATA SSDs to date. Leveraging the Everest 2 Platform, a combination of the Marvell 88SS9187 controller with OCZ's proprietary firmware, the new series features advanced flash management and endurance capabilities that extend NAND flash life and enhance drive reliability, all supported by a 5-year warranty.

'Incredibly fast' best describes the new Intrepid 3000 Series. In a steady state condition by which the drive is writing, erasing and re-writing data repeatedly over the full capacity of the drive, the performance for both large block sequential operations, as well as small block random operations, is unrivaled. This includes 520 MB/s for sequential reads (128K blocks), 470 MB/s for sequential writes (128K blocks), 91,000 input/output operations per second (IOPS) for random reads (4K blocks) and 40,000 IOPS for random writes (4K blocks). In comparison to OCZ's previous SATA III enterprise drives, the Intrepid 3000 Series delivers five times faster sustained performance for 4K write operations and two times faster sustained performance for 4K read operations.

OCZ Reaches Agreement With Toshiba to Acquire Solid State Drive Business

OCZ Technology Group, Inc., a leading provider of high-performance solid state drives (SSDs) for computing devices and systems, today announced that the Company has signed an asset purchase agreement with Toshiba Corporation, a global technology leader and manufacturer of NAND flash memory, to acquire substantially all of OCZ's assets in a chapter 11 bankruptcy proceeding for $35M.

Under this agreement Toshiba will acquire OCZ's client and enterprise solid state drive business. OCZ will continue to operate and serve existing and future customers during this process. Toshiba has agreed to provide the Company with DIP (Debtor-in-Possession) financing to ensure that there is adequate capital and flash supply to support the business during the contemplated sale period. The consummation of the asset purchase agreement is subject to an auction and approval by the bankruptcy court in the Company's bankruptcy case.

OCZ Filing for Bankruptcy, Announces Offer from Toshiba to Purchase Assets

OCZ Technology Group, Inc., a leading provider of high-performance solid state drives (SSDs) for computing devices and systems, today announced that on November 25, 2013, it received notices that Hercules Technology Growth Capital, Inc. ("Hercules") took exclusive control of the Company's depository accounts at Silicon Valley Bank and Wells Fargo Bank, National Association. As set forth in the Company's recent SEC filings, Hercules and the Company are parties to a loan and security agreement. As previously reported, the Company is not in compliance with certain of the operating ratios and covenants in the loan agreement. As a result of such action and pursuant to Hercules' written instruction, the depository institutions disbursed the cash in the Company's respective accounts to accounts under the control of Hercules.

The Company has received an offer from Toshiba Corporation to acquire substantially all of the Company's assets in a bankruptcy proceeding. The parties have substantially completed negotiations on an asset purchase agreement and OCZ believes that all the material terms have been agreed to.

OCZ Announces New Vector 150 Solid State Drive Series

OCZ Technology Group, Inc., a leading provider of high-performance solid state drives (SSDs) for computing devices and systems, today announced its new Vector 150 SATA III SSD Series that utilizes the latest cutting-edge 19 nanometer (nm) NAND flash process geometry and an in-house controller design that shatters barriers by delivering OCZ's highest performing SATA III solid state drive series to date. At the forefront of Vector 150 innovation is OCZ's proprietary Barefoot 3 controller which was designed completely in-house by the Company's hardware and firmware teams to enable full design control over the product roadmap while delivering high performance flash-based storage, enhanced endurance, and a host of differentiated features for laptop, desktop and workstation applications.

Building off the success of the original Vector SSD Series, the Vector 150 SSD Series implements industry-leading performance by delivering consistent, sustained speeds over time regardless of whether the data is in compressed or uncompressed formats. It provides superior speeds across all capacities to dramatically accelerate gaming, content creation, and multimedia applications, supporting read bandwidth of up to 550 MB/s, write bandwidth of up to 530 MB/s, 4K random read speed of up to 100,000 input/output operations per second (IOPS), 4K random write speed up to 95,000 IOPS and sustained 4K random write performance of 26,000 IOPS.

OCZ Technology Introduces StoragePro XL 1.1 Central Management System

OCZ Technology Group, Inc., a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today introduced an SSD management application that centrally monitors and manages OCZ enterprise drives connected to network servers, storage arrays or appliances. Developed as a network-accessible management system, OCZ's new StoragePro XL 1.1 provides IT managers with a cross-platform view of their enterprise flash resources for centralized management, monitoring, maintenance and reporting.

StoragePro XL securely connects to multiple host systems across the network and allows IT managers to centrally monitor and administer their enterprise flash resources from a web-based management interface. Supporting enterprise hosts running Linux and Windows operating systems, and featuring an easy-to-use web-based centralized GUI (graphical user interface), IT managers are afforded specific drive details on performance, reliability and operation. Along with the monitoring functionality, a user configurable alerting systems is provided that enables identification of any potential system and/or storage issues in advance enabling corrective actions to be initiated at an early stage.

OCZ Technology Group Reports Results for Its Second Quarter of Fiscal 2014

OCZ Technology Group, Inc., a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, reports its second quarter (Q2'14) results which ended on August 31, 2013.

"Revenue and gross margins declined in the second quarter as revenue for our client SSD products continued to be impacted by our challenges in procuring flash. Revenue from our enterprise solutions accounted for roughly half of our SSD revenue, compared to about 60% in the first quarter, as a major data center customer completed its installation during the quarter," said Ralph Schmitt, CEO of OCZ Technology. "This has been a difficult quarter as demand for our products continues to be greater than our ability to supply, given our capital constraints."

Toshiba Looking to Buy-out OCZ's Consumer SSD Business

Once a leading SSD vendor, OCZ is finding itself in trouble from two fronts, an increasingly competitive market landscape with the entry of big names such as Samsung, Seagate, and WD; and legal irritants with the SEO. The company is reportedly putting its consumer SSD business up for sale, and Toshiba is emerging to be a front-runner for buying it out. Such a deal could see Toshiba acquiring OCZ's consumer SSD division, and the various brands associated with it, including its Indilinx-Barefoot derived SSD controllers, which are still quite competitive. SSDs could proliferate further with the upcoming SATA-Express standards.

Source: TweakTown

OCZ Technology Reports Results for Its First Quarter of Fiscal 2014

OCZ Technology Group, Inc. (NASDAQ: OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, reports its first quarter (Q1'14) results which ended on May 31, 2013. "Revenue generated from our enterprise solutions for the first quarter more than doubled compared to the last quarter, and drove the sequential gross margin increase. Overall revenue declined about 20% sequentially, primarily due to the lack of NAND flash supply for our client SSD products," said Ralph Schmitt, CEO of OCZ Technology.

"Over the past year we have restructured the Company, which included the appointment of new leadership, reduced operating expenses, streamlined our product offerings, realigned our engineering talent, and introduced new controller silicon and firmware, new higher-end SSDs for the client market and new storage solutions for the enterprise market," added Schmitt. "Fiscal Q1 is the first quarter in which the company operated with all these particular restructuring and restatement adjustments behind us."

OCZ to Showcase Enterprise Storage Solutions at Gartner's Symposium/ITXpo 2013

OCZ Technology Group, Inc., a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced that it will showcase its leading enterprise storage solutions at the Gartner Symposium/ITXpo, Booth #219, Walt Disney World Dolphin Resort, Lake Buena Vista, Florida, October 6th through 10th. As an annual gathering of CIOs and senior IT executives seeking the latest tools, technologies, and information to improve IT capabilities and data center effectiveness, the ITXpo is an excellent opportunity for OCZ to present its leading portfolio of enterprise storage solutions to this targeted audience.

Headlining OCZ's product presentations at ITXpo is the award-winning ZD-XL SQL Accelerator that delivers the convergence of hardware and software as one tightly integrated, optimized plug-and-play storage solution. This innovative solution accelerates and optimizes Microsoft SQL Server database applications and its high-performance flash-based PCI Express (PCIe) solid-state drive works in combination with intelligent acceleration and caching software to deliver the right and relevant database data when the application needs it.

OCZ Announces Settlement of Consolidated Shareholder Class Action Litigation

OCZ Technology Group, Inc., a leading provider of high-performance solid-state drives (SSDs) and power management solutions for computing devices and systems, today announced that it has reached a settlement in principle in the federal shareholder class action litigation filed in connection with the Company's financial restatement.

The settlement is subject to negotiation of final documentation and court approval. Subject to Court approval, the settlement of $7.5 million will be funded by the Company's D&O liability insurance. The settlement may include an additional payment of the lesser of $6M or 4% of the net proceeds in the event that the company or any portion of it is sold within six months of the executed settlement agreement. This settlement would resolve the consolidated shareholder class actions pending in connection with the restatement.

OCZ Technology Announces New Fatal1ty 550 W and 750 W Power Supplies

OCZ Technology Group, Inc., a leading provider of high-performance solid-state drives (SSDs) and power management solutions for computing devices and systems, today announced the availability of its new Fatal1ty Series power supply products, first unveiled at Computex 2013. This refreshed lineup for gamers features high efficiency, a fully modular cable design, and a robust feature-set to meet the demanding needs of multi-GPU systems and provide exceptional system stability.

The latest enthusiast-grade series from OCZ, these new Fatal1ty PSUs were co-developed with twelve-time world champion Johnathan "Fatal1ty" Wendel to meet the specific needs of fellow gamers, and will be available in 550 W and 750 W models designed to offer performance and reliability coupled with an updated feature set. With up to 85% energy efficiency at typical loads, the Fatal1ty series features an excellent 80-Plus Bronze rating. Both models feature a powerful single +12V rail for exceptional power distribution, along with 135 mm temperature and load-controlled fans with trademark glowing red LEDs for stylish and silent operation for high-end gaming rigs.

OCZ Technology Introduces New Deneva 2 Series Enterprise SSDs

OCZ Technology Group, Inc., a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced the latest addition to the popular Deneva 2 Series which now utilizes 19 nanometer (nm) NAND flash. The new models are 2.5-inch, 6 Gbps SATA III-based Multi-Level Cell (MLC) drives that implement the Deneva 2 SSD Series feature-set and are built around a smaller NAND flash process geometry. This cutting-edge drive solution also features a completely new power architecture that was designed from the ground up to optimize server back plane functionality, providing enhanced management of in-rush current and power fluctuation. The result is an advanced SSD series that delivers superior storage performance, enterprise-class endurance, reliability and quality, and excellent total cost of ownership for customers.

"Our Deneva 2 has been a popular SSD series among IT professionals not only as an HDD replacement but to dramatically accelerate I/O access of such popular enterprise applications as OnLine Transaction Processing, database warehousing, read intensive data caching and server boot-ups," said Daryl Lang, SVP of Product Management for OCZ Technology. "By implementing new features and the latest NAND flash process geometry we are able to deliver an optimal balance of I/O performance and cost-efficiency to our customers."

OCZ Technology Receives Extension From NASDAQ

OCZ Technology Group, Inc. (NASDAQ: OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced that as a result of the ongoing restatement process, the Company will not meet the previously disclosed September 16, 2013 NASDAQ extension date for becoming current with its filings with the Securities and Exchange Commission. The Company notified the NASDAQ Listing Qualifications Panel (the "NASDAQ Panel") of this delay. On September 12, 2013, the NASDAQ Panel granted the Company's request to remain listed on The NASDAQ Stock Market, subject to the condition that the Company becomes current in the filings of its periodic reports with the Securities and Exchange Commission by October 7, 2013.

"We are delighted that NASDAQ has given us this extension as it gives us the additional time we need to complete the restatement. The Company has been working to complete the comprehensive audit and restatement work that was expanded to cover three additional years, subsequent to the issuance of the NASDAQ Panel's hearing decision," stated Ralph Schmitt, CEO of OCZ Technology. "We have completed most of the work required to regain compliance and the team is diligently driving this to closure."

OCZ Technology Expands Research & Development Center in Orange County, California

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 will expand its Research & Development (R&D) Center in Orange County, California which is focused on enterprise development for the company's next-generation SSDs. The company has a current presence in the area and is moving to a new expanded Irvine R&D location.

"Orange County, California has a rich base of engineering talent covering semiconductors and storage that makes it a viable location for us to expand our design center," said James Tout, SVP of Global Engineering for OCZ Technology. "With a leading and widely recognized portfolio of SATA, SAS and PCIe-based solid-state solutions, we believe that the opening of our new OC-based design center will attract the professional resources and talent we need to create leading-edge, next-generation enterprise products for the storage industry."
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