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SYNNEX Corporation Constructs SMB Virtualization Program Through Joint Collaboration With HP and VMware

SYNNEX Corporation (NYSE:SNX), a leading distributor of IT products and services, announced today from its Varnex Fall Conference that it has launched a new initiative with HP Enterprise Group and VMware called the HP-VMware Virtualization Implementation Skills Advantage program. The program helps resellers implement virtualization from the desktop to the data center for their small and medium business (SMB) customers. It focuses on accelerating SYNNEX’ broad ecosystem of resellers through HP and VMware combined solutions that enable SMB customers to automate and simplify their rapidly transforming IT environment.

SYNNEX, one of HP’s leading distributors, sells HP OEM-branded VMware products. SYNNEX was selected to drive this new opportunity through the channel to build a stronger virtualization business for the partner community. As a result, resellers can take advantage of the full range of HP products and increase end customer reach through authentic solutions selling strategies.

“This triangulated collaboration with SYNNEX and virtualization leaders HP and VMware demonstrates our continued investment in our resellers by creating opportunities to keep them ahead of their competition with the latest and best-in-class virtualization solutions - from infrastructure to application to desktop virtualization to cloud,” said Bob Stegner, Senior Vice President Marketing, North America for SYNNEX Corporation.

“HP is committed to delivering innovative solutions to customers, and our collaboration with SYNNEX and VMware play an integral role in doing so,” said Bill Swales, Vice President-Americas Industry Standard Server Business Unit, HP. “This joint investment will strengthen our collaborative efforts and result in enterprise-class solutions tailored specifically for our valued SMB customers.”

“VMware is pleased to be teaming with SYNNEX and HP on this ground breaking initiative,” said Frank Rauch, VP of Americas Partner Organization, VMware. “This is a natural extension of HP and VMware’s 11 plus years partnership, and will result in our SMB customers having the best in class solutions for their growing businesses. We look forward to assisting SYNNEX drive new mutual customer acquisition in the less than 1,000 employee segment and continuing to develop VMware expertise with HP."

The HP-VMware Virtualization Implementation Skills Advantage program will leverage tactics such as thought leadership campaigns, customer awareness, sales alignment and execution for resellers to create long-term relationships and sustainable revenue streams with their end users. For more information on how to engage in the HP-VMware Virtualization Implementation Skills Advantage program through SYNNEX, visit www.synnex.com/hpvirtualization.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

About VMware

VMware is the leader in virtualization and cloud infrastructure solutions that enable businesses to thrive in the Cloud Era. Customers rely on VMware to help them transform the way they build, deliver and consume Information Technology resources in a manner that is evolutionary and based on their specific needs. With 2011 revenues of $3.77 billion, VMware has more than 400,000 customers and 55,000 partners. The company is headquartered in Silicon Valley with offices throughout the world and can be found online at www.VMware.com.

VMware and VMware vCloud are registered trademarks and/or trademarks of VMware, Inc. in the United States and/or other jurisdictions. All other marks and names mentioned herein may be trademarks of their respective companies.

About SYNNEX Corporation

SYNNEX Corporation (NYSE: SNX), a Fortune 500 corporation, is a leading business process services company, servicing resellers, retailers and original equipment manufacturers in multiple regions around the world. The Company provides services in IT distribution, supply chain management, contract assembly and business process outsourcing. Founded in 1980, SYNNEX employs over 10,000 full-time and part-time associates worldwide. Additional information about SYNNEX may be found online at www.synnex.com.

Safe Harbor Statement

Statements in this release that are forward-looking, such as program capability and features, program availability and the success of the collaboration, 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 2012 SYNNEX Corporation. All rights reserved. SYNNEX, the SYNNEX Logo, VARNEX and all other SYNNEX company, product and services names and slogans are trademarks or registered trademarks of SYNNEX Corporation. SYNNEX, the SYNNEX Logo and VARNEX Reg. U.S. Pat. & Tm. Off. Other names and marks are the property of their respective owners.

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