NEW YORK, April 23, 2010 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the world's largest exchange company, announced that the trading of OCZ Technology Group, Inc. (Nasdaq:OCZ) commenced today on The NASDAQ Stock Market (NASDAQ). OCZ Technology Group, a worldwide leading provider of high-performance solid state drives (SSDs) and memory modules for computing devices and systems, trades on NASDAQ under the ticker symbol OCZ.
"We are pleased to welcome OCZ Technology Group to NASDAQ, the market of choice for public technology companies," said Bruce Aust, Executive Vice President, Corporate Client Group, NASDAQ OMX. "With an array of products and services, NASDAQ offers unmatched support to companies like OCZ Technology Group, a dominant player in the manufacturing and distribution of solid state drives -- a game-changing technology."
Ryan Petersen, CEO of the OCZ Technology Group, commented: "Trading on the NASDAQ has been a goal of OCZ since we listed in the U.S., and our approval is a significant milestone for our shareholders. Our core initiatives are focused on strengthening our position in the burgeoning SSD market, which our recent announcements on retail and enterprise product launches and the signing of distribution partners for our SSD products represent. We look forward to gaining visibility on the NASDAQ and utilizing the benefits of trading on the exchange."
Founded in 2002, San Jose, CA-based OCZ Technology Group, Inc. is a leader in the design, manufacturing, and distribution of high performance and reliable solid state drives (SSDs) and premium computer components. OCZ has built on its expertise in high-speed memory to become a leader in the SSD market, a technology that competes with traditional rotating magnetic hard disk drives (HDDs). SSDs are faster, more reliable, generate less heat and use significantly less power than the HDDs used in the majority of computers today. In addition to SSD technology, OCZ also offers high performance components for computing devices and systems, including enterprise-class power management products as well as leading-edge computer gaming solutions. For more information, visit http://www.ocztechnology.com. To sign up for OCZ Email alerts, click http://ir.stockpr.com/ocztechnology/request-information.
There are approximately 684 technology companies listed on The NASDAQ Stock Market, which represents approximately 80% of publicly traded technology companies in the U.S. markets.
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