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OCZ Technology Group (OCZ)

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Wednesday 21 June, 2006

OCZ Technology Group

First Day of Trading

OCZ Technology Group, Inc.
21 June 2006

OCZ Technology

First day of trading

OCZ Technology Group, Inc. ('OCZ' or 'the Company'), the California-based
developer, producer and distributor of award winning, branded high-performance
computer components, announces the commencement of dealings in its common shares
on the AIM Market of London Stock Exchange plc today, under the ticker code '

OCZ's products are designed to make computers run faster, more reliably and more
efficiently both for the commercial and retail markets.  The Company focuses on
products for the high-performance and consumer memory sectors, computer power
supply units and portable memory storage (flash).

Placing statistics

Placing price per common share.                                                           65p
Number of new common shares placed on behalf of the Company                         7,550,000
Gross proceeds of the Placing                                                   £4.91 million
Estimated net proceeds of the Placing available to the Company                  £4.07 million
Market capitalisation at the placing price on admission                         £27.2 million
Number of Ordinary shares in issue on admission                                     41,844,36

John East and Partners Limited is acting as Nominated Adviser and Broker.

Ryan Petersen, OCZ Chief Executive commented:

'We are delighted by the take up by institutions of our shares on AIM.  The new
money will enable us to eliminate high cost of financing, significantly improve
our purchasing and inventory economies and provide working capital to finance
our rapid international growth.'

                                                                    21 June 2006


OCZ Technology                                                 +1 408 733 8400
       Ryan Petersen, Chief Executive Officer
       Art Knapp, Chief Financial Officer

John East and Partners                                         +44 20 7628 2200
    John East/Bidhi Bhoma

College Hill
       Adrian Duffield/Carl Franklin                           +44 20 7457 2020


OCZ develops, produces, and distributes high-performance computer components
including flash memory storage, memory modules, thermal management solutions and
computer power supplies. It has an established brand and is recognised as a
leading provider of computer components which are designed to make computers run
faster, more reliably and more efficiently.

OCZ has its headquarters at Sunnyvale, California in the heart of Silicon
Valley. It currently employs approximately 60 full and part-time staff and has
an international presence through offices in Canada and Holland and a worldwide
distribution network.

Business and Financial Summary

•   Revenue up 114% to $13.2 million in Q1 to 31 March 2006 (Q1 2005: 
    $6.2 million)

•   Revenue up 80% to $36 million (2004: $20 million) for year to 31 December 

•   OCZ has an internationally recognised premium brand, providing high-
    performance and high reliability products with a focus on customer service. 
    It has achieved significant recognition by being the first to market 
    innovative new products

•   OCZ is principally focused on supplying products for key segments of the 
    high-performance computer memory market including:

       o   Upgrades for PCs, servers and high performance computers

       o   Brand specific upgrades including Dell, HP, Sony and Apple

       o   Mission-critical servers and high end workstations

       o   System builders

       o   Applications requiring high-performance computing, such as video and
           music editing, graphics, gaming and digital photography editing

•    OCZ's other revenue is derived from sales of branded high-performance 
     computer peripherals (such as USB Flash memory sticks), high reliability 
     and efficiency power supplies and cooling technologies designed to optimise 
     processor performance.

•    OCZ collaborates closely with a number of leading industry operators 
     including AMD, Apple, ATI and DFI.

•    OCZ's business is driven by:

       o   New CPU (Central Processing Units) and platforms from the leading
           operators such as Intel, AMD and Nvidia

       o   Increasing performance requirements and general need for greater 
           power and computing speed

       o   Extending the usable life of computing platforms through memory

       o   New software and operating systems such as Microsoft Windows Vista.


This announcement relating to the Company does not constitute or form part of,
and should not be construed as an offer or invitation to sell or issue or any
solicitation of any offer to purchase or subscribe for any securities in the
Company in any jurisdiction.  Neither this announcement, nor any part of it nor
anything contained or referred to in it, nor the fact of its distribution,
should form the basis of or be relied on in any connection with or act as an
inducement in relation to a decision to purchase or subscribe for or enter into
any contract or make and other commitment whatsoever in relation to any such
securities.  This announcement does not constitute a recommendation regarding
the securities of the Company.

The information contained in this announcement is not for publication or
distribution to persons in the United States of America, its territories or
possessions or to any US person or for the account of a US Person (within the
meaning of Regulation S under the US securities Act of 1933, as amended).
Neither this announcement nor any copy of it may be taken or transmitted to
Australia, Canada or Japan or the Republic of South Africa or to Canadian
persons or to any Securities analyst or other person in any of those
jurisdictions.  Any failure to comply with this restriction may constitute a
violation of United States, Australian, Canadian, or South African or Japanese
securities law.  The distribution of this Presentation in any other
jurisdictions may be restricted by law and persons into whose possession this
Presentation come should inform themselves about, and observe any such
restrictions. The securities referred to are not being registered under the US
Securities Act of 1933, as amended, or under the applicable securities laws of
Canada, Australia, South Africa or Japan, and may not be offered or sold within
Canada, Australia, South Africa or Japan to any national, resident or citizen of
Canada, Australia, South Africa or Japan.

Forward-looking statements are based on current information that is, by its
nature, subject to rapid and even abrupt changes. Due to risks and uncertainties
associated with the Company's business, actual results could differ materially
from those projected or implied by management's forward-looking statements.
These risks and uncertainties include, but are not limited to: changes and
shifts in customer demand away from the Company's products to competitor
products; the Company's ability to maintain and establish strategic
relationships; the effects of competition; the risks inherent in the development
and delivery of complex technologies; the Company's ability to attract, retain
and motivate qualified personnel; the emergence of new markets for the Company's
products and services; the Company's ability to compete in those markets based
on timeliness and cost and market demand. In addition, new product introductions
are subject to the risks and uncertainties that typically accompany development
and delivery of complex technologies to the marketplace, including product
development delays and defects. In light of these risks, uncertainties and
assumptions, the events described in the forward-looking statements in this
document may not occur.


                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                             

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