Ralph Schmitt

Ralph Schmitt

OCZ Gets Permission to Sell SSD Assets to Toshiba

We are appreciative of all the support provided by our shareholders, creditors, and vendors which allowed this combination to occur," said Ralph Schmitt, CEO for OCZ Technology. OCZ is in the process of going through a bidding procedure for the power management business. This process ...

OCZ Intros Vector SSDs with In-House Barefoot 3 Controller

... SSD products delivered under the new OCZ and leverages cutting-edge controller technology to deliver a groundbreaking level of sustained performance and reliability for customers seeking a superior SSD for their high performance computing applications," said Ralph Schmitt, CEO for OCZ Technology...

OCZ still hasn't updated its regulatory filings

Rafael Torres, our new CFO, joined us in late March with significant restatement experience and has filled key financial leadership positions and improved the technical depth of the finance organization,” stated Ralph Schmitt, CEO of OCZ Technology. “Through these improvements, we have ...

OCZ Technology Appoints Ralph Schmitt as President and CEO ...

... Inc. /quotes/zigman/115058/quotes/nls/ocz OCZ 0.00%, a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced its board of directors has appointed Ralph Schmitt as the Company's president and chief executive officer effective immediately...

OCZ "back on track", taps more NAND suppliers

We were overly reliant on one supplier," Ralph Schmitt, who was named CEO in October after the resignation of co-founder Ryan Petersen, said in an interview. OCZ, known for its Vertex brand, warned in September that it expected second-quarter revenue to be below its prior forecast due to ...

OCZ Technology Group, Inc. Reports Results for Its Second Quarter of Fiscal 2014

Revenue from our enterprise solutions accounted for roughly half of our SSD revenue, compared to about 60% in the first quarter, as a major data center customer completed its installation during the quarter," said Ralph Schmitt, CEO of OCZ Technology. "This has been a difficult quarter ...

OCZ Technology Group, Inc. Reports Results for Its First Quarter of Fiscal 2014 and Provides Guidanc...

Overall revenue declined about 20% sequentially, primarily due to the lack of NAND flash supply for our client SSD products," said Ralph Schmitt, CEO of OCZ Technology. "Over the past year we have restructured the Company, which included the appointment of new leadership, reduced ...

OCZ Technology Appoints Rafael Torres as Chief Financial Officer

... Group, Inc. ( OCZ ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced the appointment of Rafael Torres as Chief Financial Officer (CFO) reporting directly to Ralph Schmitt, Chief Executive Officer (CEO) effective immediately...

OCZ Technology Issues Update on Various Matters

The Company has already eliminated certain customer incentive programs and made people and process changes to improve overall business operations and continue moving the Company in a positive direction," stated Ralph Schmitt, CEO of OCZ Technology. "We continue to focus on making ...

PLX Announces Preliminary Results of 2013 Annual Meeting, Three New Independent Directors Elected

... Martin Colombatto, Stephen Domenik and Eric Singer, three new independent directors nominated by its largest shareholder, Potomac Capital Partners II, L.P., and re-elected five existing directors who ran unopposed, John Hart, David Raun, Michael Salameh, Ralph Schmitt and Patrick Verderico...

OCZ Announces Settlement of Consolidated Shareholder Class Action Litigation

"We are pleased to have reached a settlement in principle in regards to the shareholder class action litigation, and we believe this is a positive step for the Company," said Ralph Schmitt, CEO of OCZ Technology. "The team is highly focused on completing the financial restatement process ...

OCZ Technology Receives Extension From NASDAQ

The Company has been working to complete the comprehensive audit and restatement work that was expanded to cover three additional years, subsequent to the issuance of the NASDAQ Panel's hearing decision," stated Ralph Schmitt, CEO of OCZ Technology. "We have completed most of the work ...

OCZ Technology Obtains Favorable NASDAQ Listing Determination

As recognized by this extension, the Company has made substantial progress in becoming current with our filings and we look forward to completing this as soon as possible," said Ralph Schmitt, CEO of OCZ Technology Group. Founded in 2002, San Jose, CA-based OCZ Technology Group, Inc. ...

OCZ Technology PCIe Solid State Storage Solution Wins Best of Interop Award

"We are very pleased to win the Best of Interop award for our ZD-XL SQL Accelerator in the Data Center & Storage category at one of the industry's premier technology events for IT professionals who leverage leading-edge solutions to power their businesses," said Ralph Schmitt, CEO for ...

OCZ Technology Obtains $30 Million Credit Facility With Hercules Technology Growth Capital

This capital will be used to strengthen the business, fund future growth, and support emerging enterprise opportunities," said Ralph Schmitt, CEO of OCZ Technology. "I am pleased with the operational improvements our team is making as we continue building a profitable OCZ which is ...

OCZ Offering Free Copies of Far Cry 3 to Vector SSD Owners

"The development of the Indilinx Barefoot 3 controller architecture is a crowning achievement in our company’s history, being our first controller silicon and firmware completely designed in-house from start to finish using all of the OCZ technology development teams,” said Ralph ...

OCZ Technology Provides Further Update

We believe that this strategy will allow us to build a profitable business within Fiscal 2014, which starts at the end of February, and should allow the Company to grow between 20-30% on a year over year basis," stated Ralph Schmitt, CEO of OCZ Technology. Founded in 2002, San Jose...

OCZ Technology Investigation Substantially Complete, Plans Restatement of Financial Statements and A...

While this investigation process has taken longer than originally anticipated, it has helped the Company to identify the relevant issues to enable the financial reporting to be finalized," stated Ralph Schmitt, CEO of OCZ Technology. "We continue to successfully compete in the market and ...

Toshiba Confirms it Will Acquire Assets of OCZ Technology

" OCZ Technology CEO Ralph Schmitt explains: "OCZ flash memory and is looking forward to become a global leader in storage solutions, a member of the Toshiba Toshiba can bring the necessary capital and NAND flash supply and technical expertise, the expertise and our leading solid state. ...

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