Alas poor OCZ, we knew them well

Subject: General Tech | November 27, 2013 - 03:04 PM |
Tagged: sad, ocz, bankrupt

It has been a rough year for OCZ as they tried to overcome the problems that they inherited from once CEO Ryan Petersen.  The news first broke in February when Wells Fargo announced that they would have OCZ delisted from the stock exchange as they had not submitted an acceptable profit statement since Q1 of 2012.  That would have had a drastic effect on the ability of OCZ to do business and would have triggered a shareholder revolt.   The new company head, Ralph Schmitt, managed to stave off the Feb 28th deadline with the help of Crowe Horwath LLP's auditors and received an extension on the SEC deadline.  As long as OCZ could produce an accurate accounting of 2012 and Q1 of 2013 by April 8th they would not be delisted.  Unfortunately the corrected bookkeeping revealed a serious problem with OCZ's sales model.  The higher their raw revenues climbed during 2013 the more their net loss increased, with sales incentives, poor chip supplies and other costs contributed to a seemingly unsustainable business model.

elreg_ocz_results_to_fy2014.jpg

Today the sad announcement of the coming demise of OCZ became official, at 9AM EST trading of OCZ stock was suspended as they announced their impending bankruptcy.  The trading resumed just a short time ago, at 2:30PM and as you can see the news is bleak for shareholders.

chart.gif

The stock price declined by 67% since the beginning of the year until this announcement and is currently plummeting even more.  According to Barrons and other sources, Toshiba has made an offer to purchase OCZ's assets, the "“material terms have been agreed to,” though there are a number of conditions that have to be satisfied, such as retention of employees."  Until this deal is finalized we will not know the fate of OCZ and their product lines or warranty support and it could be quite some time before the specifics are agreed upon and announced to consumers.  It is a sad day for enthusiasts who have enjoyed the great performance and low prices that OCZ's SSDs lines offered.

ocz sad.png

 

UPDATE : “With the recent news OCZ wants to reassure all our valued customers that the Company is honoring all product warranties. If any customers require support they are encouraged to contact our customer support and forum support teams who will be more than happy to assist.”

Source: Barrons

Podcast #277 - GTX 780Ti, OCZ Vector 150 SSD, Details about Kaveri, and much more from APU13!

Subject: General Tech | November 14, 2013 - 12:38 AM |
Tagged: podcast, video, gtx 780ti, Vector 150, ocz, r9 290, R9 290X, 290, 290x, WD, My Cloud, EX 4

PC Perspective Podcast #277 - 11/14/2013

Join us this week as we discuss the GTX 780Ti, OCZ Vector 150 SSD, Details about Kaveri, and much more from APU13!

You can subscribe to us through iTunes and you can still access it directly through the RSS page HERE.

The URL for the podcast is: http://pcper.com/podcast - Share with your friends!

  • iTunes - Subscribe to the podcast directly through the iTunes Store
  • RSS - Subscribe through your regular RSS reader
  • MP3 - Direct download link to the MP3 file

Hosts: Ryan Shrout, Jeremy Hellstrom, Josh Walrath, and Allyn Malventano

 
Program length: 1:09:03
  1. Reminder about Halloween contest - update when I get home
  2. Week in Review:
  3. 0:30:50 This episode is brought to you by Carbonite.com! Use offer code PC for two free months!
  4. Closing/outro

OCZ shrinks their flash and is proud to show it off

Subject: Storage | November 8, 2013 - 06:08 PM |
Tagged: Vector 150, toshiba mlc, ssd, ocz, 19nm, Indilinx, barefoot 3

OCZ's newest contribution to the SSD market is the Vector 150 with 19nm flash and a tiny footprint perfect for today's ultra-mobile devices.  One of the most welcome advances in this family is increased over-provisioning of flash storage which allows increased lifespan by letting the drive retire more flash as it slowly becomes unusable without shrinking the size of the drive.  As far as the performance goes it beats out almost all previous drives we have seen and while The Tech Report is a little worried about the lifetime of the Barefoot controller the 5 year warranty mitigates that concern somewhat.

You can also see how well it survived Al's torture testing here.

TR_front.jpg

"There's a new SSD in town. OCZ's Vector 150 combines the Indilinx Barefoot 3 controller with 19-nm Toshiba NAND and additional spare area. We take a closer look at how it measures up."

Here are some more Storage reviews from around the web:

Storage

Subject: Storage
Manufacturer: OCZ Technology

Introduction, Specifications and Packaging

Introduction:

It has been a while since OCZ introduced their Vector SSD, and it was in need of a refresh to bring its pricing more in-line with the competition, which had been equipping their products with physically smaller flash dies (therefore reducing cost). Today, OCZ launched a refresh to their Vector - now dubbed the Vector 150:

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The OCZ strategy changed up a while back. They removed a lot of redundancy and confusing product lines, consolidating everything into a few simple solutions. Here's a snapsot of that strategy, showing the prior and newer iterations of three simple solutions:

vector 150 - lineup.png

The Vector 150 we look at today falls right into the middle here. I just love the 'ENTHUSIST' icon they went with:

ocz enthusiast.png

Read on for our full review of the new OCZ Vector 150!

The Good, The Bad and The OCZ

Subject: General Tech | October 10, 2013 - 01:51 PM |
Tagged: ocz, turnaround, SEC

OCZ's new CEO Ralph Schmitt has been quite successful in turning the company around from the financial pickle they found themselves under Ryan Petersen's leadership.  Back in February of this year OCZ was about to be delisted from the stock exchange due to the fact that they had not filed an acceptable financial statement in a full year. This was caused from a variety of problems from mismanaged incentive programs to internal miscommunications which caused the company's leadership to be unaware of costs and profits which lead to the SEC coming down hard on OCZ. 

With the new leader OCZ has really managed to turn their finances around and more importantly they are now able to file accurate financial reports.  This has not happened painlessly, the new accurate financials show OCZ suffering significant losses prior to 2012 and the chart from The Register reveals an odd trend which showed that the more revenue OCZ made the larger their loss at the end of the quarter.  This trend has ceased thanks to a complete restructuring of OCZ's management and business plans as well as a trend to a more focused consumer product line as well as testing out Enterprise products.

elreg_ocz_results_to_fy2014.jpg

OCZ is no longer in danger of disappearing from the market and while revenue will be down compared to the previous few years Net Income is rising towards showing a profit, even in the current shrunken PC market.  Hopefully their venture into the Enterprise market will help them grow even more and make the company as truly successful as it once appeared that they were. 

Source: The Register

OCZ Announces Availability of New Fatal1ty 550W and 750W Power Management Solutions

Subject: General Tech | September 26, 2013 - 01:13 PM |
Tagged: PSU, ocz, fatal1ty series, 550W, 750w

SAN JOSE, CA— September 26, 2013—OCZ Technology Group, Inc. (Nasdaq:OCZ), a leading provider of high-performance solid-state drives (SSDs) and power management solutions for computing devices and systems, today announced the availability of its new Fatal1ty Series power supply products, first unveiled at Computex 2013. This refreshed lineup for gamers features high efficiency, a fully modular cable design, and a robust feature-set to meet the demanding needs of multi-GPU systems and provide exceptional system stability.

Fatal1ty_750W.1.jpg

The latest enthusiast-grade series from OCZ, these new Fatal1ty PSUs were co-developed with twelve-time world champion Johnathan “Fatal1ty” Wendel to meet the specific needs of fellow gamers, and will be available in 550W and 750W models designed to offer performance and reliability coupled with an updated feature set. With up to 85% energy efficiency at typical loads, the Fatal1ty series features an excellent 80-Plus Bronze rating. Both models feature a powerful single +12V rail for exceptional power distribution, along with 135mm temperature and load-controlled fans with trademark glowing red LEDs for stylish and silent operation for high-end gaming rigs.

“The Fatal1ty line of PSUs have been popular among gamers looking for high quality, reliable power for the latest GPUs and power hungry system components,” said Bob Roark, VP of Power Management at OCZ. “The new Fatal1ty 550 and 750W PSUs feature a brand new core and are not only quieter and more energy efficient but also provide customers with enhanced flexibility with a complete modular cable design.”

“I’ve been working with OCZ for many years and these latest PSUs continue the string of quality products for which the Fatal1ty brand is so well known,” stated Fatal1ty.

Fatal1ty Series PSUs are built-to-last with premium components and heavy-duty protection circuitries that utilize specialized DC-to-DC converters for compatibility with Intel’s®Haswell™ platform, and are able to operate at lower power usage when off or in standby mode. Equipped with a fully modular cable management system and complete array of connectors, these latest PSUs promote an organized case environment that maximizes airflow by eliminating unnecessary wiring, ideal for case-modders and system builders opting to maintain the aesthetics in customized PC builds.

With an improved feature-set in a sleek, modular design for gamers, the latest Fatal1ty power supply models are available immediately and are backed with a 3-year (550W model) or 5-year (750W model) warranty.

OCZ Introduces new 19nm Enterprise SATA III SSDs to Its Popular Deneva 2 Series

Subject: Storage | September 24, 2013 - 03:23 PM |
Tagged: ssd, ocz, enterprise ssd, deneva 2, 19nm

SAN JOSE, CA – September 24, 2013 - OCZ Technology Group, Inc. (Nasdaq:OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced the latest addition to the popular Deneva 2 Series which now utilizes 19 nanometer (nm) NAND flash. The new models are 2.5-inch, 6Gbps SATA III-based Multi-Level Cell (MLC) drives that implement the Deneva 2 SSD Series feature-set and are built around a smaller NAND flash process geometry. This cutting-edge drive solution also features a completely new power architecture that was designed from the ground up to optimize server back plane functionality, providing enhanced management of in-rush current and power fluctuation. The result is an advanced SSD series that delivers superior storage performance, enterprise-class endurance, reliability and quality, and excellent total cost of ownership for customers.

deneva2_lrg.2.jpg

“Our Deneva 2 has been a popular SSD series among IT professionals not only as an HDD replacement but to dramatically accelerate I/O access of such popular enterprise applications as OnLine Transaction Processing, database warehousing, read intensive data caching and server boot-ups,” said Daryl Lang, SVP of Product Management for OCZ Technology. “By implementing new features and the latest NAND flash process geometry we are able to deliver an optimal balance of I/O performance and cost-efficiency to our customers.”

The new Deneva 2 SSDs continue to utilize the proven and effective LSI SandForce® SF-2281 processor and delivers exceptional performance with 19nm toggle mode NAND flash. The performance specifications support read bandwidth up to 550 MB/s, write bandwidth up to 520 MB/s, random read throughput (4K blocks) over 45,000 input/output operations per second (IOPS), and random write throughput (4K blocks) over 34,000 IOPS. It provides consistent sustained performance over time so that users can achieve faster file transfers, boot-ups and benefit from a more responsive storage experience. With a priority on reliability and flash-optimized enterprise endurance, the new Deneva 2 includes advanced features such as data fail recovery, intelligent block management, wear leveling and robust error correction. Additionally, power consumption has also been lowered in the new models as well.

The new Deneva 2 SSD Series are now available in three models supporting 120GB capacity (Model D2CSTK251M3T-0120), 240GB capacity (Model D2CSTK251M3T-0240) and 480GB capacity (Model D2CSTK251M3T-0480). For more information, visit www.ocz.com/enterprise.

OCZ Releases Haswell PSU Compatibility List

Subject: General Tech | June 7, 2013 - 10:58 PM |
Tagged: power supply, ocz, haswell, c7, c6

OCZ recently posted a list of its power supplies that are fully compatible with Intel's new 4th Generation Core "Haswell" CPUs and their new C6 and C7 processor sleep states. The new sleep states can draw as little as 0.05A from the 12V rail, and not all power supplies (especially older models) were built with that use case in mind. Somewhat paradoxically, as power supplies have ramped up in Wattage and power delivery characterists, other PC internals have started moving in the other direction towards increased power efficiency and lower power usage overall.

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OCZ seems well prepared for Haswell, however, with a number of PSUs that are already fully compatible with Haswell CPUs. Even going as far back as its Z Series which launched in 2009 are compatible, which is comforting.

The full list of Haswell compatible OCZ power supplies is available below.

  • MK III Silencer
    • PPCMK3S1200
    • PPCMK3S850
    • PPCMK3S750
  • MK II Silencer
    • PPCMK2S950
    • PPCMK2S750
    • PPCMK2S650
  • Fatal1ty Gaming Series
    • OCZ-FTY1000W
  • ZX Series
    • OCZ-ZX1250W
    • OCZ-ZX1000W
    • OCZ-ZX850W
  • Z Series (EOL)
    • OCZZ1000M
    • OCZZ85M

With that said, even if your OCZ (or PC Power & Cooling) power supply is not on this list, it will still work in systems that utilize Intel Haswell processors. However, you will not be able to take advantage of the new power sipping C6 and C7 sleep states.

As the launch of Haswell approaches, more and more PSU manufacturers are releasing compatibility information. So far, the following companies have put together compatibility lists.

Source: OCZ

OCZ Technology to Showcase its Leading Solid State Drives and Launch New Power Management Solutions at Computex 2013

Subject: Shows and Expos | June 3, 2013 - 03:02 PM |
Tagged: ces 2013, ocz

OCZ has given us a teaser of what we can expect to see at CES 2013 and it is a wide variety of products indeed.  They will be launching new Fatal1ty branded PSUs, which will support Haswell's new power states, with a competition between himself and another professional gamer starting the function off.  New Vector and Vertex drives will be revealed for the consumer and enterprise users will be treated to new PCIe and SAS SSDs to bring new performance levels to databases.

ocz_vector.jpg

SAN JOSE, CA—June 3, 2013—OCZ Technology Group, Inc. (Nasdaq:OCZ), a leading provider of high-performance solid-state drives (SSDs) and power management solutions for computing devices and systems, will showcase the Company's comprehensive storage solutions for client and enterprise computing along with announcing its new line of Fatal1ty Series power supply products at Computex 2013 in Taipei, Taiwan June 4 through June 8. OCZ solutions can be viewed at the main show floor this year at the Nangang Exhibit Hall, Booth K0309a.

Continuing to demonstrate its commitment to the enthusiast market, OCZ is unveiling the new Fatal1ty Gaming Series power supplies (PSUs) in updated 550W and 750W models designed to provide exceptional power solutions for gamers and enthusiasts, offering performance and reliability coupled with exciting new features. These latest PSUs feature premium components and heavy-duty protection circuitries with a fully modular cable management system to provide an organized case environment that maximizes airflow by eliminating unnecessary wiring, and utilizes specialized DC-to-DC converters for compatibility with Intel’s Haswell platform. Both models also feature a single +12V rail for exceptional power distribution, 80-Plus Bronze rating for high energy efficiency up to 85% at typical loads, along with 135mm load-controlled fans with the Fatal1ty Series of trademark glowing red LEDs for stylish yet silent operation in high-end gaming rigs.

To kickoff the launch of the exciting new power supplies, Johnathan “Fatal1ty” Wendel will compete against fellow gamer and former sparring partner Kyle “relic” Mims in a special shootout to be held June 6, 7-11pm at the SPARK venue in Taiwan’s landmark Taipei 101 on June 6th. With a record of 12 World Titles in five different games, Wendel is one of the most successful and recognized professional gamers in history. In recent years Wendel has declined to compete professionally and instead stay focused on promoting video gaming globally in his role as a Gaming Ambassador, while concentrating on his Fatal1ty Gaming Gear enterprise which includes the latest OCZ power supplies. In this special event, press, partners, and invited attendees can get a firsthand look at the latest OCZ Fatal1ty Gaming Series power supplies, along with viewing the live head-to-head shootout between these two gamers.

For client storage, OCZ will demo its upcoming Vector PCIe SSD featuring exceptional IOPS, high bandwidth, and high capacities ideal for power users, content creation, and workstation applications. Residing directly on the PCI Express bus, the new Vector PCIe Series provides lower latency to data, faster file transfers and boot-ups, expanded storage capacities, and an even quicker, more responsive experience over the already blazing fast SATA III-based Vector SSDs. In addition, OCZ will showcase its current consumer SSD lineup with the recently launched Vertex 450 SATA III SSD Series which has already earned numerous accolades and praise from the global media for its high performance coupled with the latest 20nm flash geometry for mainstream computing applications.

OCZ will also be displaying its complete portfolio of enterprise storage solutions including the SATA based Deneva 2, Talos 2 SAS drive, and Z-Drive R4 PCIe SSD Series, featuring the newest ZD-XL SQL Accelerator that represents the convergence of enterprise hardware and software as one tightly integrated, optimized solution, ensuring that appropriate and readily available data is on SSD flash when a SQL Server needs it.

Podcast #253 - NVIDIA GTX 780, OCZ Vertex 450, Western Digital Se Hard Drives and more!

Subject: General Tech | May 30, 2013 - 12:19 AM |
Tagged: video, vertex 450, vertex, titan, podcast, pcper, ocz, gtx 780, 780

PC Perspective Podcast #253 - 05/30/2013

Join us this week as we discuss the NVIDIA GTX 780, OCZ Vertex 450, Western Digital Se Hard Drives and more!

You can subscribe to us through iTunes and you can still access it directly through the RSS page HERE.

The URL for the podcast is: http://pcper.com/podcast - Share with your friends!

  • iTunes - Subscribe to the podcast directly through the iTunes Store
  • RSS - Subscribe through your regular RSS reader
  • MP3 - Direct download link to the MP3 file

Hosts: Ryan Shrout, Jeremy Hellstrom, Josh Walrath, and Allyn Malventano.

Program length: 1:04:43

  1. Week in Review:
  2. News items of interest:
    1. Ryan: Ball Bearing fans / EVGA ACX Cooler
    2. Allyn: Sony HX300 (20MP, 50x optical zoom (24mm-1200mm))
  3. 1-888-38-PCPER or podcast@pcper.com
  4. Closing/outro