SYNNEX Corporation Launches the SYNNEX Software as a Service Web Portal to Offer Resellers the Tools to Sell Software as a Hosted Solution

SYNNEX Corporation (NYSE:SNX), a leading business process services company, today launched the SYNNEX software-as-a-service (SaaS) portal to support the adoption of SaaS applications throughout the reseller community. The SYNNEX SaaS portal offers resellers the ability to provision the usage of software as a hosted offering for their end customers and provides the flexibility to manage all aspects of the procurement cycle in a dynamic, real-time environment.

During its National Sales Conference, taking place in Greenville, South Carolina during October 7-9, 2009, SYNNEX will host breakout sessions outlining the capabilities of the new SYNNEX SaaS portal and will offer live demonstrations illustrating the ease-of-use and flexibility of the web tool.

Capabilities available through the SYNNEX SaaS portal are:

• Quote on Demand – Offering VARs an automatically generated web-quote of the MSRP and associated cost with a transaction.
• Contract Creation and Customization in a centralized online environment - Allowing VARs to adapt their end user’s environment in real-time.
• Aggregation point for more than 10 hosted software-plus-service solutions.
• Multiple "bill to” options with automated capture of end user usage.

SYNNEX continues to make significant investments in strategic initiatives, such as the development of robust tools to support the adoption of SaaS, which clearly differentiates the Company from its competition and enables its resellers to pursue incremental opportunities. SYNNEX offers a one-stop management console, with the development of the SYNNEX SaaS portal, to support the evolution of SaaS. With a dedicated SaaS team, SYNNEX is well equipped to assist resellers through the entire SaaS adoption and procurement process.

"We view SaaS as a strategic opportunity for meaningful, incremental sales for our VAR community as the environment for how we procure software shifts from a traditional on-premise offering to a Cloud environment,” stated Peter Larocque, President of U.S. Distribution at SYNNEX Corporation. "When we developed the SYNNEX SaaS portal, our goal was to make it as easy as possible for our solutions providers to buy all of their SaaS applications from one source and be able to provide one consolidated bill to their end customers. We accomplished this goal with this tool.”

About SYNNEX

SYNNEX Corporation, a Fortune 500 corporation, is a leading business process services company, servicing resellers and original equipment manufacturers in multiple regions around the world. The Company provides services in IT distribution, supply chain management, contract assembly and global business services. Founded in 1980, SYNNEX employs over 7,000 associates worldwide and operates in the United States, Canada, China, Japan, Mexico, the Philippines and the United Kingdom. Additional information about SYNNEX may be found online at www.synnex.com.

Statements in this release that are forward-looking, such as the SaaS portal capabilities, continued investments and benefits of the foregoing, 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.

Copyright 2009 SYNNEX Corporation. All rights reserved. SYNNEX, the SYNNEX Logo and all other SYNNEX company, product and services names and slogans are trademarks or registered trademarks of SYNNEX Corporation. SYNNEX and the SYNNEX Logo Reg. U.S. Pat. & Tm. Off. Other names and marks are the property of their respective owners.

Source: SYNNEX Corporation – SNX-G