SYNNEX Corporation Amplifies Next Generation Data Center Portfolio Through Partnership with Emulex Corporation

GREENVILLE, S.C.--(BUSINESS WIRE)--SYNNEX Corporation (NYSE: SNX), a leading distributor of IT products and services, today announced it has signed a distribution agreement with Emulex Corporation to sell Emulex OneConnect™ 10GbE Network Interface Cards (NICs) into its network of VARs and systems integrators. SYNNEX has also connected to the Emulex channel community by joining the Emulex Connect Partner Program, which provides channel partners with valuable revenue-generating incentives, expert training, and access to partner communities.

“Our go-to-market collaboration with SYNNEX will help VARs capture new product and service revenues in the growing 10GbE and network virtualization market that is anticipated to exceed $1 billion in revenue for host connectivity by 2014, according to Crehan Research1”

SYNNEX distributes networking, system components and software from more than 600 world-leading IT OEM suppliers to more than 15,000 resellers throughout the United States, Canada and Mexico. The company’s expertise specifically in the enterprise, design engineering and high performance computing markets is expected to broaden Emulex's reach into new markets and address customers' needs in these markets specifically.

"At SYNNEX, our goal is to distribute best-in-class IT solutions. Emulex OneConnect 10GbE NICs are one of the market-leaders, with their high-performance, scalability and simplified management," said Steve Ichinaga, Senior Vice President and General Manager, Systems for SYNNEX Corporation. "As customers continue upgrading their data centers to support new applications, lower costs and increase I/O, they're transitioning towards 10GbE environments. Together with Emulex, we're arming them with high performance connectivity for their next-generation data center environments."

Emulex OneConnect OCe11000 10GbE NICs are part of the next-generation OneConnect family of multi-function adapters that provide network and storage connectivity, supporting full Fibre Channel over Ethernet (FCoE), iSCSI and TCP/IP offloads. Additional benefits include:

• Higher Throughput: Emulex OneConnect 10GbE NICs outperform competing offerings with 31% higher throughput based on documented reseller field tests.

• Simplified Management: Emulex OneConnect 10GbE NICs include OneCommand™ Manager which simplifies administration with a single console for network and storage management.
• Lower OPEX with Power Savings: Increased integration and reductions in external chip components over previous generation UCNAs provide a 20% improvement in power efficiency.
• Faster I/O Offload: Emulex OneConnect adapters leverage Emulex vEngine™ technology for full protocol offload support which removes the overhead of network and storage traffic from the CPU.

"Our go-to-market collaboration with SYNNEX will help VARs capture new product and service revenues in the growing 10GbE and network virtualization market that is anticipated to exceed $1 billion in revenue for host connectivity by 2014, according to Crehan Research¹," said Shaun Walsh, vice president of marketing, Emulex. "Together, we'll continue driving 10GbE and network convergence market adoption by putting Emulex adapters into the hands of a broad set of system builders and integrators."

Information about SYNNEX System Integration division can be found at: http://www.synnex.com/sid/index.html.

1 - Crehan Research, Q1 2011 Server-class Adapter and LOM Market Share Report, May 13, 2011

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 the expected broadening of Emulex's reach into new markets and address of customers' needs, product capabilities, anticipated growth in the 10GbE and network virtualization market, growth of the 10GbE and network convergence market by Emulex, and general success of the Company’s relationship with Emulex, 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 2011 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.