Boston, MA 05/20/2013 (wallstreetpr) – Friday’s trading session saw OCZ Technology Group Inc (NASDAQ:OCZ) climbing down by 14.38%. It opened at a price of $3.23 which reached an intraday high of $3.50 before heading down to close at $3.06 per share. In excess of 0.224 million shares exchanged hands in the previous trading session. This figure stood below the average volume of 0.305 million that was measured over a 30-day period.
On 30 April, OCZ announced that its flash-based SSDs and PCI Express (PCIe) that are used in workstation applications and for enterprise are now qualified on certain Rombus Group platforms. This includes and OCZ’s RevoDrive 3 SSD Series for Rombus Quinta workstations and OCZ’s Z-Drive R4 PCIe SSD Series that run on the Rombus Supermicro Tertia enterprise servers. Essentially, these high-performance SSDs are available via The Rombus Group. The target group for these SSD’s are SME’s or small-and-medium-sized enterprises as well as mid-sized IT environments based in Germany.
OCZ Technology Group Inc (NASDAQ:OCZ) is involved in the designing, manufacture, and distribution of solid-state drives (SSDs) as well as computer components. The company designs and manufactures these SSDs in numerous interfaces and form-factors including SATA or Serial advanced technology attachment, peripheral component interconnect express (PCIe), serial-attached small computer system interface (SAS) and in the development of flash-management software, virtualization and caching software. OCZ also provides flash-controller silicon and firmware used in SSDs. In addition to the SSD technology, OCZ offers power-management products. It focuses on two different markets: the hard disk drive or HDD replacement format market and the storage area network or SAN replacement/acceleration market.
