OCZ Technology Ranked Number 21 in Deloitte’s Technology Fast 50 Program for Silicon Valley Software & Information Technolo...
November 04 2008 - 4:00AM
Business Wire
OCZ Technology Group, Inc. (LSE:OCZ), a worldwide leader in
innovative, ultra high performance and high reliability memory and
components, has been named to Deloitte�s Technology Fast 50 Program
for Silicon Valley Software and Information Technology (IT)
companies. This year�s Silicon Valley Technology Fast 50 program is
co-presented by Deloitte, Silicon Valley Bank, Korn/Ferry
International, Cooley Godward Kronish LLP, Cornish & Carey
Client Solutions, and ABD Insurance and Financial Services � A
Wells Fargo Company. Rankings are based on the percentage revenue
growth over five years from fiscal years 2003�2007. OCZ�s CEO Ryan
Petersen credits a combination of innovation and diversification
with the company�s 1,241 percent revenue growth from fiscal years
2003�2007. Ryan Petersen said, �OCZ was founded by enthusiasts for
enthusiasts and that passion has never changed, we are able to
continually grow by listening closely to our customers and
designing products that specifically address their individual
computing requirements, and back all this up with industry leading
service and support so that we exceed customer expectations on
multiple levels.� OCZ�s increase in revenues of 1,241 percent from
fiscal year 2003 to 2007 resulted in a 21st ranking in the
Technology Fast 50 for Silicon Valley. The average increase in
revenues among companies who made the Technology Fast 50 for this
region was 1,241 percent. To qualify for the Technology Fast 50,
companies must have had operating revenues of at least $50,000 in
fiscal year 2003 and $5,000,000 in fiscal year 2007, be
headquartered in the San Francisco Bay Area, and be a company that
owns proprietary technology or proprietary intellectual property
that contributes to a significant portion of the company�s
operating revenues; or devotes a significant proportion of revenues
to the research and development of technology. Using other
companies� technology or intellectual property in a unique way does
not qualify. Companies from the regional Technology Fast 50
programs in the United States and Canada are automatically entered
in Deloitte�s Technology Fast 500 program, which ranks North
America�s top 500 fastest growing technology, media,
telecommunications and life sciences companies. About OCZ
Technology OCZ Technology Group, a member of JEDEC, designs,
develops and manufactures ground-breaking, high performance memory
and computer components that set industry standards. OCZ products
are the first choice for users needing high-reliability, ultra-high
performance solutions. In 2007, PC Power & Cooling and
Hypersonic PC were brought into the OCZ Technology Group, forming a
well-rounded, highly innovative organization that places the
company at the forefront of high-end computing. All of OCZ
Technology Group�s products are available through its worldwide
network of distributors, online resellers and retail stores. For
more information visit our website at www.ocztechnology.com About
Deloitte As used in this document, �Deloitte� means Deloitte LLP.
Please see www.deloitte.com/about for a detailed description of the
legal structure of Deloitte LLP and its subsidiaries.
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