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SYNNEX Corporation Announces Definitive Agreement to Acquire Concentrix Corporation

Acquisition Expands SYNNEX' Capabilities in Integrated Marketing Solutions

FREMONT, Calif.--(BUSINESS WIRE)--Sept. 11, 2006--SYNNEX Corporation (NYSE:SNX - News), a global IT supply chain services company, announced today that its wholly owned subsidiary, BSA Sales, LLC has signed a definitive agreement to acquire Concentrix Corporation.

Based in Rochester, New York, Concentrix Corporation is an integrated marketing company that provides call center, database analysis, and print on demand services to customers in the transportation, publishing, banking, healthcare and high technology industries. The Concentrix and BSA Sales operations will be integrated under the Concentrix name, expanding the offering of marketing services.

"Concentrix's business strategy complements the vision of BSA Sales," said Robert T. Huang, President and Chief Executive Officer of SYNNEX Corporation. "We look for acquisitions, like Concentrix, that will further strengthen our capabilities and service offerings."

"This acquisition will immediately expand our resources and capabilities within BSA Sales," said Dick Rapach, Vice President and General Manager of BSA Sales, LLC. "Concentrix's highly qualified and focused employee base will complement our team at BSA Sales and enhance our product offerings for our customers. We look forward to the Concentrix staff joining the SYNNEX/BSA Sales family."

Revenue from Concentrix was approximately $15 million in the twelve months ended December 31, 2005.

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 press release regarding SYNNEX Corporation which are not historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may be identified by terms such as believe, expect, may, will, could and should and the negative of these terms or other similar expressions. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements, including statements regarding strengthening capabilities and service offerings, expansion of resources and capabilities, annual revenues related to the acquisition, ability to successfully integrate the acquisition, changes in SYNNEX' business plans and other risks detailed from time to time in SYNNEX' SEC reports, including its Quarterly Report on Form 10-Q for the quarter ended May 31, 2006. In light of these risks and uncertainties, there can be no assurance that the results referred to in the forward-looking statements contained in this press release will occur. Statements included in this press release are based upon information known to SYNNEX Corporation as of the date of this release, and SYNNEX Corporation assumes no obligation to update information contained in this press release.

Copyright 2006 SYNNEX Corporation. All rights reserved. SYNNEX, the SYNNEX Logo and all other SYNNEX company, product and services names and slogans are trademarks or registered trademarks of SYNNEX Corporation. SYNNEX and the SYNNEX Logo Reg. U.S. Pat. & Tm. Off. Other names and marks are the property of their respective owners.
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