OCZ Technology Group has appointed Russ Knittel to its board of directors and as Chairman of the Audit Committee. The appointment brings the number of board members to five, three of whom are considered independent. Mr. Knittel will become chairman of OCZ Technology Group, audit committee beginning in September 2010 and has joined the compensation committee and nominating committees effective immediately.

Mr. Knittel, age 60, has served as Executive Vice President of Synaptics since July 2007 and Chief Financial Officer, Secretary, and Treasurer from November 2001 until September 2009. Mr. Knittel also served as Senior Vice President from November 2001 until July 2007 and as the Vice President of Administration and Finance, Chief Financial Officer, and Secretary from April 2000 through October 2001. Synaptics, based in Santa Clara, California, is a leading worldwide developer and supplier of custom designed human interface solutions that enable people to interact more easily and intuitively with a wide range of mobile computing, communications, entertainment, and other electronic devices. Prior to joining Synaptics, he served as Vice President and Chief Financial Officer for Probe Technology Corporation, Starlight Networks, and several other high-technology companies for the past 30 years. He also is member of the board for MarineMax. Mr. Knittel holds a Bachelor of Arts degree in accounting from California State University and an MBA from San Jose State University.

Ryan Petersen, OCZ's president and CEO, commented: "Russ brings a tremendous amount of experience and innate ability to OCZ, and we are fortunate to have him serve on our board. His high-tech business knowledge, particularly from his work at Synaptics, is extraordinary, and we expect to rely on his business and financial experience as we work to accelerate our solid state drive business."

"OCZ is leading the charge to advance solid state drive technology," commented Mr. Knittel. "Having worked thirty plus years in high technology, I have a deep appreciation for the value of innovation in driving emerging markets. I firmly believe the solid state drive represents the future of data storage and that OCZ is uniquely positioned to be a dominant player in the market. I look forward to serving as a director on the board and working with OCZ's management to help drive its growth strategy moving forward."