Supercom Canada has over 250 employees and generated approximately CDN $440 million in its most recent fiscal year ending June 30, 2012.The acquisition is expected to be immediately accretive to SYNNEX earnings prior to any charges, which are expected to occur in the first year after the close of the transaction. About SYNNEX Canada Limited SYNNEX Canada Limited, a wholly-owned 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 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 approximately 11,000 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 regarding SYNNEX Corporation or SYNNEX Canada Limited, 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, provide, could and should and the negative of these terms or other similar expressions. These statements, including statements regarding general success and anticipated benefits of the acquisition, enhanced product and service offerings, becoming the largest distributor in Canada, ability to leverage the strengths, partnerships and capabilities of the companies, timing of the acquisition, extent and timing of acquisition-related payments and charges and assumed working capital debt, expected goodwill and intangibles, expectations as to the acquisition being accretive to earnings and the related timing, and the operation, services and growth of the combined SYNNEX Canada and Supercom, are subject to risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, but are not limited to: the ability to successfully integrate Supercom, retention of distribution rights with manufacturers, loss of vendors and suppliers or customers as a result of the acquisition, market acceptance and product life of the platforms sold by Supercom, general economic conditions and any weakness in IT and consumer electronics spending, competitive conditions in our industry, our ability to gain market share, changes in foreign currency exchange rates, risks associated with our international operations, and other risks and uncertainties detailed in our Form 10-K for the fiscal year ended November 30, 2012 and from time to time in SYNNEX Corporation’s SEC filings. Statements included in this press release are based upon information known to SYNNEX Corporation and SYNNEX Canada Limited as of the date of this release, and SYNNEX Corporation and SYNNEX Canada Limited assume no obligation to update information contained in this release.
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