SYNNEX Corporation
Signs Agreement to Distribute TippingPoint™ Product Line
FREMONT, CA — June 6, 2005 -- SYNNEX Corporation (NYSE:
SNX), a global IT supply chain services company, announced that
it has entered into a distribution agreement with 3Com Corporation
(NASDAQ: COMS) to distribute TippingPointTM Intrusion Prevention
Systems and related products in North America. Terms of the agreement
grant to SYNNEX the right to distribute TippingPoint product
offerings to U.S. and Canada based resellers. Solution providers
will require TippingPoint certification to become an authorized
reseller of these products.
Under this agreement, SYNNEX will distribute 3Com’s recently
acquired TippingPoint line of enterprise-class intrusion prevention
products, including the award-winning TippingPoint Intrusion
Prevention System (IPS) family of products. TippingPoint is a
leading provider of network-based intrusion prevention systems
that deliver in-depth application protection, infrastructure
protection, and performance protection for corporate enterprises,
government agencies, service providers and academic institutions.
The TippingPoint IPS is an in-line hardware platform that proactively
ensures organizations are protected against internal and external
cyber attacks that may threaten critical infrastructures.
“We’re extremely pleased to add TippingPoint’s
suite of enterprise class security and communications products
to our
portfolio of product solutions,” stated John Paget,
President of North America and Chief Operating Officer at
SYNNEX Corporation. “With
the highly intense level of security capabilities in TippingPoint’s
IPS and related suite of products, we will be able to offer
solution providers a unique and robust solution set to deliver
to their
enterprise customers seeking protection from threats to information
security. We believe signing TippingPoint is a significant
step in building our enterprise practice and will be a leading
product
line in our suite of enterprise product offerings.”
“SYNNEX brings years of experience selling and supporting the
reseller channel with 3Com networking security products,” stated
Nick Tidd, Vice President, North American Channel Sales of
3Com. “It’s
a natural progression to authorize SYNNEX to distribute TippingPoint
products and we feel confident with its success in this line.”
Steve Chappel, Senior Director of Global Channels at TippingPoint
added, “We believe SYNNEX’ commitment to its solution
providers, along with our support of SYNNEX’ efforts, will
allow us to reach many new markets with our products. We look
forward to working closely with SYNNEX on new opportunities for
solution providers with TippingPoint security solutions.”
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.
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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.