Issue of Equity

    RNS Number : 7876J
  OCZ Technology Group, Inc.
  09 December 2008
   

    NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN THE UNITED STATES, CANADA, THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA,
ISRAEL, JAPAN OR AUSTRALIA, OR THEIR RESPECTIVE TERRITORIES OR POSSESSIONS

    9 December 2008

    OCZ Technology Group, Inc.

    Admission of Unrestricted Stock

    OCZ Technology Group, Inc. ("OCZ" or "the Group", AIM: OCZ) a worldwide leader in innovative, ultra-high performance and high
reliability memory, PC components and system builds, announces that it has received applications to have the restrictive legend on
certificates representing 1,381,262 common shares in the issued share capital of OCZ ("Common Shares") removed. These shares will be
transferred to a new line of unrestricted shares and will be eligible to be held and transferred within the CREST system as depository
interests. 

    Application has been made for a total of 1,381,262 Common Shares to be admitted to trading on AIM under the new line and dealings are
expected to commence on AIM on 12 December 2008. Following admission of these shares, the Group will have applied for a total of 17,552,250
Common Shares to be admitted to trading under the new unrestricted line within the CREST system, representing 33.53 per cent. of the issued
share capital of the Company.



    Enquiries:

 OCZ Technology Group, Inc                          
           Art Knapp, Chief Financial Officer      [phone]
           Quentin Solt, Non-executive Director    + 44 (0)1926 808080

 John East and Partners Limited
      Bidhi Bhoma                                  [phone]


    Important Information:

    None of the Common Shares have been registered under the US Securities Act of 1933, as amended (the "US Securities Act") and may be
"restricted securities" within the meaning of Rule 144 under the US Securities Act. Accordingly, the shares of OCZ may not be re-sold or
otherwise transferred except (a) in offshore transactions meeting the requirements of Regulation S under the US Securities Act; (b) pursuant
to an effective registration statement under the US Securities Act; or (c) pursuant to an available exemption under the US Securities Act.

    Note to editors

    OCZ develops, produces, and distributes high-performance computer components including flash memory storage, memory modules, thermal
management solutions and computer power supplies, designed to make computers run faster, more reliably and more efficiently.

    With a reputation for innovation and excellence in a demanding and discerning market, OCZ extended its market leadership when it
acquired PC Power & Cooling in May 2007, to become a global force in high-performance power supply and cooling products. In October 2007, it
acquired high performance laptop and desktop computer systems maker Hypersonic PC to further diversify its product offerings. Recently the
company released new products such as the Neural Impulse Actuator (NIA), Solid State Drives (SSD), DIY Notebook solutions, and Fatal1ty
memory solutions. These products were recently shown at Games Convention 2008 in Leipzig Germany and at NVISION in San Jose, CA.

    Based in the heart of Silicon Valley, OCZ employs approximately 275 staff across offices in the USA (Sunnyvale and San Diego), Canada,
Holland and its manufacturing and logistics centre in Taiwan.

    www.ocztechnology.com



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