Balance Sheet

OCZ TECHNOLOGY GROUP, INC.
CONSOLIDATED BALANCE SHEETS
($ in thousands)

	May 31, 2010			February 28, 2010
	unaudited

ASSETS
Current Assets:
Cash and cash equivalents	$	4,311		$	1,224
Accounts receivable, net of allowances of $2,842 and $2,853		21,363			20,380
Inventory, net		13,573			9,846
Note receivable		375			375
Deferred tax asset, net		836			836
Prepaid expenses and other current assets		2,764			1,811
Total current assets		43,222			34,472
Property and equipment, net		2,560			2,629
Intangible asset		70			88
Goodwill		10,097			9,954
Investment		668			668
Other assets		48			38
Total assets	$	56,665		$	47,849

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Loans payable	$	10,416		$	10,354
Note payable		250			500
Accounts payable		25,825			26,318
Accrued and other liabilities		3,678			4,389
Total current liabilities		40,169			41,561
Common stock warrant liability		2,980
Total Liabilities		43,149			41,561

Commitments and contingencies		-			-

Stockholders' equity:
Preferred stock, $0.0025 par value; 20,000,000 shares authorized; 0 and 60,990 shares issued and outstanding as of May 31, 2010 and February 28, 2010 respectively		-			-
Common stock, $0.0025 par value; 120,000,000 shares authorized; 26,522,748 and 21,278,643 shares issued and outstanding as of May 31, 2010 and February 28, 2010 respectively		66			53
Additional paid-in capital		43,925			31,862
Accumulated translation adjustment		(164	)		(164	)
Accumulated deficit		(30,311	)		(25,463	)
Total stockholders' equity		13,516			6,288
Total liabilities and stockholders' equity	$	56,665		$	47,849