SYNNEX Canada Announces Definitive Agreement to Acquire Azerty United Canada's Ink and Toner Business

TORONTO, ON – May 4, 2006 – SYNNEX Canada Limited, a subsidiary of SYNNEX Corporation (NYSE: SNX), announced today that it has signed a definitive agreement to expand its printing supplies distribution business by acquiring substantially all of the assets of Azerty United Canada’s ink and toner business from United Stationers Supply Co.

“SYNNEX Canada is a leader in supplying printer supplies to Canadian value added resellers and retail customers,” said Robert Huang, President and Chief Executive Officer of SYNNEX Corporation. “Through this acquisition, we further strengthen our leadership position in printer supplies distribution, as well as our position as one of the leading information technology product distributors in Canada.”

“This acquisition will provide SYNNEX Canada with greater market share and an expanded footprint, thus allowing us to provide an even higher level of service to our customers and vendor partners,” said Jim Estill, Chief Executive Officer of SYNNEX Canada Limited. We expect the integration of the two organizations to be an efficient transition, and we look forward to the Azerty United Canada staff becoming a part of the SYNNEX family.”

Total consideration for the purchased net assets is approximately USD $17 million. In the twelve months ending March 31, 2006, revenues from the Azerty United Canada ink and toner business were approximately USD $100 million. SYNNEX does not expect to retain the entire revenue run rate of the Azerty United Canada business after the close of the acquisition. The transaction is expected to close on or before June 15, 2006.

About SYNNEX Canada Limited

SYNNEX Canada Limited, a subsidiary of SYNNEX Corporation (NYSE: SNX), is a leading distributor of technology products to resellers and system builders across Canada. Committed to driving growth and profitability for its resellers and vendor partners, SYNNEX Canada offers great product selection at competitive prices and supports customers with dedicated sales resources, unique financial services, expert technical support, progressive e-business tools and fast and accurate delivery with warehouses in key cities. For more information, visit http://www.synnex.ca

About SYNNEX Corporation

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 SYNNEX Canada’s leadership position, greater market share and expanded footprint; annual revenues related to the acquisition; closing date of the transaction; ability to successfully integrate the acquisition 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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