SYNNEX Corporation Earns HP PartnerONE Distributor Designation; SYNNEX Chartered to Deploy Resources in Combination with the HP PartnerONE Program to Deliver Enhanced Value to Reseller Partners

Business Wire, Oct 17, 2005

FREMONT, Calif. -- SYNNEX Corporation (NYSE:SNX), a global IT supply chain services company, today announced it earned the HP PartnerONE Distributor designation.

In this role as a PartnerONE Distributor, SYNNEX will provide its reseller customers with added resources and expertise in the various PartnerONE tools, which are designed to specifically boost customer business and assist them in getting to market faster and more efficiently.

The HP PartnerONE program provides a comprehensive tool set to assist business development partners in driving investment in, and demand for HP products and services and, in turn, rewards partners that meet published objectives with incentives. The HP PartnerONE program consists of demand generation tools to maximize investment results, as well as fulfillment tools to provide business development partners a choice in how they deliver solutions to the end user.

"As an HP PartnerONE Distributor, we will provide our reseller partners with easy access to information and the best ways to optimize the PartnerONE resources," said John Paget, President of North America and COO at SYNNEX Corporation. "We chose to work with HP because they take an industry leading position in collaboration with its partners, thus driving future growth for all of our constituents."

"We are delighted to have SYNNEX as an HP PartnerONE Distributor," stated Dave Pansen, Vice President of Distribution, Solution Partners Organization, HP. "This really builds on the work that our two companies have been doing and positions us to drive further growth with reseller partners."

SYNNEX has dedicated a team of marketing and sales professionals to support partner resellers in leveraging even more value from the HP PartnerONE program. Over the course of the last sixty days, the SYNNEX sales and marketing team has received in-depth training on all aspects of the program. With a process in place to ensure that its partners who have questions or requests for guidance on the HP PartnerONE program, SYNNEX can better assist and/or direct its customers to the appropriate person or place for answers. With a direct, two-way communication path in place between SYNNEX and HP, end customers are better assured a prompt response.

About SYNNEX

Founded in 1980, SYNNEX Corporation is a global IT supply chain services company offering a comprehensive range of services to original equipment manufacturers, software publishers and reseller customers worldwide. SYNNEX offers product distribution, related logistics services, demand generation marketing and contract assembly and works with the leading industry suppliers of IT systems, peripherals, system components, software and networking equipment. Additional information about SYNNEX may be found online at www.synnex.com.

Statements in this release that are forward looking, such as our product marketing strategy, involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward looking statements contained in this release.

SYNNEX and the SYNNEX logo are trademarks of SYNNEX Corporation or its subsidiaries and should be treated as such. All rights reserved. All other company names mentioned herein are trademarks of their respective owners.