SYNNEX Corporation Launches NexConcepts Division of Business and Consumer Technology Products

 

FREMONT, CA — August 18, 2004 -- SYNNEX Corporation (NYSE: SNX), a global IT supply chain services company, announced today the launch of a new product division that will distribute and market a line of business and consumer technology products, branded as NexConcepts™. These products will be distributed and marketed to value-added resellers, direct marketers and retail organizations.

NexConcepts will first introduce a selection of NoteTaker branded products, beginning with the Mobile NoteTaker, which is a wireless handwriting capture device. The Mobile NoteTaker attaches to a pad or a single sheet of paper and allows users to capture, organize and share handwritten notes, drawings and sketches using any type of paper and a digital pen. By connecting the Mobile NoteTaker to a USB port on a PC or a notebook, the stored data can be uploaded and synchronized. Mobile NoteTaker will be available for distribution this month.

Executives heading up the NexConcepts division include Mike Del Vecchio, Sr. Vice President of OEM Marketing Services, and Kirk Matsuo, Associate Vice President of Marketing, OEM Marketing Services. Del Vecchio stated, “I’m thrilled with the opportunity to drive NexConcepts’ technology products into the marketplace through SYNNEX. As an industry-leading distributor, SYNNEX has a proven track record of delivering products and services to the channel very efficiently and quickly. By tapping into this high level of expertise, we expect to have Mobile NoteTaker available through reseller channels and servicing end user customers right away. I’m very pleased to be leading this exciting and important new venture for the Company.”

According to John Paget, President of North America and Chief Operating Officer of SYNNEX Corporation, “Adding NexConcepts products is in line with our growth strategies in delivering new and innovative products to our customers. Offering NexConcepts products through our reseller channel partners extends our reach into the business and consumer markets with PC peripherals and accessories that can offer added efficiency and value to their work and home lives.”

NexConcepts expects to continue to add business and consumer-oriented products to its portfolio in the future.

More information about NexConcepts’ products can be found by visiting the NexConcepts web site at www.nexconcepts.com.

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 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 involve 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, the SYNNEX logo, NexConcepts, and the NexConcepts 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.