FREMONT, CA - (May 8, 2002) - SYNNEX Information Technologies, Inc., a global IT supply chain services company, has been awarded the Top Growth Distributor of the Year Award for 2001 by Hewlett-Packard Company (HP). The award was presented to SYNNEX executive management personnel at SYNNEX' National Sales Conference in Greenville, SC, during a presentation by HP to approximately 300 of SYNNEX' leading technology solution provider business partners.

The criterion for this prestigious award was based on outstanding performance in revenue growth in the distribution of HP hardcopy and computer products, as well as supplies and services in 2001. HP recognized SYNNEX' tremendous achievement, as well as SYNNEX' demonstrated commitment.

Bob Huang, President and CEO of SYNNEX Information Technologies, Inc., commented, "This esteemed award signifies the strong alliance that has been created between SYNNEX and HP. Our commitment to effectively execute business plans with HP and satisfactorily service our customer base with HP's products and programs is evidenced by the receipt of this award. We've enjoyed our relationship with HP and look forward to continued sales growth, continued delivery of superior HP products and services to our resellers, and continued, long-standing success with HP."

Kevin Gilroy, Vice President and General Manager, HP Commercial Channels, Americas, stated the recognition is well deserved. "SYNNEX is a highly valued HP distribution partner. With a focused and dedicated sales approach in HP products resulting in stellar growth during a down market in 2001, SYNNEX is clearly deserving of this recognition."

About SYNNEX
Founded in 1980 and headquartered in Fremont, CA, SYNNEX Information Technologies, Inc. is a global IT supply chain services company providing a comprehensive range of design-to-distribution services to original equipment manufacturers (OEMs) and technology solution providers worldwide. The company has strong expertise in IT distribution, electronics manufacturing and logistics services. SYNNEX works with leading industry suppliers in PCs and servers, motherboards, CPUs, memory, storage, networking, communication and component products. Additional information about SYNNEX Information Technologies, Inc. may be found online at www.synnex.com.

Statements in this release that are forward looking 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 Information Technologies, Inc. or its subsidiaries and should be treated as such. All rights reserved. All other company names mentioned herein are trademarks of their respective owners.

Contact
Sandra Salah
Director of Marketing
SYNNEX Information Technologies, Inc.
Phone: (510) 668-3715
sandras@synnex.com