Directorate Change
March 30 2009 - 2:01AM
UK Regulatory
TIDMOCZ
RNS Number : 6556P
OCZ Technology Group, Inc.
30 March 2009
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN THE UNITED STATES, CANADA, THE
REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR AUSTRALIA, OR THEIR
RESPECTIVE TERRITORIES OR POSSESSIONS
30 March 2009
OCZ Technology Group, Inc.
Kerry Smith appointed Chief Financial Officer
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, has appointed Kerry Smith as a director and Chief
Financial Officer with immediate effect. Mr Smith joined the Group at the start
of the year as Executive Vice President Corporate Development and General
Counsel and, given his experience, has played and will continue to play an
integral part in the Group's preparation to obtain a listing in the US.
He succeeds Art Knapp, who has stepped down from the Board.
Kerry Thomas Smith, age 47, has over twenty years of accounting and legal
expertise, having worked at international law firms for over 19 years and having
spent 3 years in accounting positions with Deloitte, Haskins & Sells (now
Deloitte & Touche LLP). Most recently, Mr Smith was a corporate and securities
partner with the international law firm of DLA Piper US LLP. He holds a B.S. in
Accountancy from the University of Illinois, Urbana-Champaign. Kerry will be
responsible for all finance and administrative related operations at OCZ.
Ryan Petersen, OCZ's Chief Executive commented:
"On behalf of the Board I would like to thank Art for his contribution over the
last few years and to wish him well for the future."
"We are delighted that Kerry has joined our executive team. He has considerable
international public accounting and legal experience particularly handling
private and public securities offerings and mergers and acquisitions. I am sure
his insights and experience will be very valuable particularly as we enter this
transitional stage of our development."
In the previous five years, Mr Smith has been a partner of the law firms
Pillsbury Winthrop Shaw Pittman LLP and DLA Piper US LLP and was a director of
BCN Systems, Inc.
There is no further information required to be disclosed in respect of the above
appointment pursuant to Schedule Two, paragraph (g) of the AIM Rules for
Companies.
Enquiries:
+--+-------+-----------------------------------------+------------------------------+
| OCZ Technology Group, Inc | |
+----------------------------------------------------+------------------------------+
| | Ryan Petersen, Chief Executive Officer | +1 408 733 8400 |
+----------+-----------------------------------------+------------------------------+
| | | |
+----------+-----------------------------------------+------------------------------+
| John East and Partners Limited | +44 20 7628 2200 |
+----------------------------------------------------+------------------------------+
| | John East/Bidhi Bhoma | |
+--+-------------------------------------------------+------------------------------+
| | | |
+--+-------------------------------------------------+------------------------------+
| College Hill | |
+----------------------------------------------------+------------------------------+
| | Adrian Duffield/Carl Franklin | +44 20 7457 2020 |
+--+-------+-----------------------------------------+------------------------------+
Note to editors
OCZ develops, produces, and distributes high-performance computer components
including flash memory, solid state 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.
Based in the heart of Silicon Valley, OCZ employs approximately 300 staff across
offices in the USA (San Jose 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
END
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