OCZ Technology to list on the AIM market of the London Stock Exchange

Zardon · Jun 13, 2006, 11:23 PM

Source: Press release
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Sunnyvale, CA—June 13th, 2006—OCZ Technology Group, a worldwide leader in innovative, ultra-high performance and high reliability memory and components, today announced its plans to list on the AIM market of the London stock exchange, with an initial market capitalization of £27.2 million. The Company has raised £4.91 million via a placing of shares at 65p per share with institutional and other investors. Dealings are expect to start on AIM at 8.00 a.m. 21 June 2006 (Ticker symbol OCZ)

The AIM Market of the London Stock Exchange is growing in popularity among small cap growth companies as an alternative to US-based Exchanges. In 2005, the London Stock Exchange attracted a record 19 companies from the US to AIM, raising a combined total of $2,126 million.

“OCZ has built an extremely highly regarded brand and has a successful track record of growth in multiple channels and markets, and is recognized as an industry leader in a number of growing segments” commented Ryan Petersen, CEO OCZ Technology. "Our listing on AIM will raise our international profile and provide us with a significant capital infusion with less cost than associated with a US based listing. We will use the proceeds to augment our rapid rate of expansion in key regions, expand availability of OCZ products in new channels, and bring additional value to consumers through the continued introduction of innovative new products and solutions while maintaining the premium service level associated with the OCZ brand.”

Jun 13, 2006, 11:23 PM	#1
Zardon DriverHeaven Founder Join Date: May 2002 Posts: 32,480 Rep Power: 179	OCZ Technology to list on the AIM market of the London Stock Exchange Source: Press release _________________ Sunnyvale, CA—June 13th, 2006—OCZ Technology Group, a worldwide leader in innovative, ultra-high performance and high reliability memory and components, today announced its plans to list on the AIM market of the London stock exchange, with an initial market capitalization of £27.2 million. The Company has raised £4.91 million via a placing of shares at 65p per share with institutional and other investors. Dealings are expect to start on AIM at 8.00 a.m. 21 June 2006 (Ticker symbol OCZ) The AIM Market of the London Stock Exchange is growing in popularity among small cap growth companies as an alternative to US-based Exchanges. In 2005, the London Stock Exchange attracted a record 19 companies from the US to AIM, raising a combined total of $2,126 million. “OCZ has built an extremely highly regarded brand and has a successful track record of growth in multiple channels and markets, and is recognized as an industry leader in a number of growing segments” commented Ryan Petersen, CEO OCZ Technology. "Our listing on AIM will raise our international profile and provide us with a significant capital infusion with less cost than associated with a US based listing. We will use the proceeds to augment our rapid rate of expansion in key regions, expand availability of OCZ products in new channels, and bring additional value to consumers through the continued introduction of innovative new products and solutions while maintaining the premium service level associated with the OCZ brand.”