Acquisition increases SYNNEX’s capabilities in AIDC and POS

FREMONT, CA – April 25, 2006 – SYNNEX Corporation (NYSE: SNX), a global IT supply chain services company, announced today it has signed a definitive agreement to expand its product and knowledge offering in the Automatic Identification and Data Capture (AIDC) and Point of Sale (POS) segments by acquiring the assets of the Telpar distribution business unit of  PEAK Technologies, Inc.

 “This acquisition will immediately expand our resources and capabilities within the Technology and Solutions Division at SYNNEX and provide access to existing customers of Telpar,” said John Paget, President of North America and COO at SYNNEX Corporation. “Telpar’s highly qualified and focused sales force will increase our competitive presence in the field and our product knowledge base in the areas of AIDC and POS. We look forward to the Telpar staff joining the SYNNEX family.”

Total consideration for the Telpar assets is approximately $5 million. Revenue from the Telpar business unit was less than $20 million in the twelve months ending March 31, 2006. The transaction is expected to close on or before May 1, 2006.

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 expansion of resources and capabilities, increased competitive presence and product knowledge base, annual revenues related to the acquisition, closing date of the transaction, ability to successfully integrate the acquisition, impact of competition and changes in technology, changes in SYNNEX’s business plans and other risks detailed from time to time in SYNNEX’s SEC reports, including its Quarterly Report on Form 10-Q for the quarter ended February 28, 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.

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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.

Source: SYNNEX Corporation