VisionMAX And Verizon Wireless Show Futuristic Retail Solutions At 2012 CES

LAS VEGAS, NV, and BASKING RIDGE, NJ — Verizon Wireless and VisionMAX, a SYNNEX Corporation Company (NYSE: SNX), today announced that an innovative Retail-in-the-Cloud suite of solutions is being shown at the 2012 International Consumer Electronics Show (CES) at the Verizon booth (Las Vegas Convention Center, South Hall, Booth #30259).

Leveraging Verizon’s 4G LTE network, VisionMAX, Alcatel-Lucent and the ng Connect Program will be demonstrating new innovative retail store solutions and devices. Using these solutions, customers will be able to make purchasing decisions and pay for products in an easier and more engaging way, using a mobile phone and advanced customer recognition technology.

Technology at CES, including 3D kiosks, mobile and fixed location Cloud Point-of-Sale (POS) stations, and digital signage, will:

• Allow customers to see their avatar wearing selected clothing by a simple Near Field Communications phone scan using their secured personal profile
• Enable a Virtual Personal Stylist (VPS) video fashion consultant to interactively make style recommendations online with the customer
• Enable purchases with a wireless credit-debit device, Near Field Communications phone or cash

In addition, the demo will showcase:

• End-user mobile phone applications with QR-code shopping cart collection, recommendations, coupons and additional product info
• Mobile Tablet Cloud POS: employees can roam freely around the store helping customers
• Integration with social media sites such as Facebook® and Twitter™ with end users’ avatars
• Mobile-device-managed digital signage: end users take over the digital sign getting product info and video demos
• Interactive dynamic reporting

“Working with Verizon, Alcatel-Lucent and the ng Connect team has been a fantastic two-year journey,” said Pradip Madan, senior vice president and general manager for VisionMAX. “The culmination of all of this talent and hard work can be seen fully integrated at the Verizon booth. These are practical, cost-effective advanced retail solutions all ready to go to market and be delivered from the cloud and 4G LTE.”

Verizon established its Innovation Program to encourage collaboration and help advance the 4G LTE ecosystem. The company’s LTE Innovation Center in Waltham, Mass., near Boston, and its Application Innovation Center in San Francisco were created to inspire, enable and develop non-traditional devices, services and applications that take advantage of Verizon Wireless’ industry-leading wireless networks. Through the Innovation Program, Verizon seeks to expand the possibilities of 4G LTE by working with diverse companies, from start-ups to established players, in industries representing a broad range of verticals.

The ng Connect Program, founded by Alcatel-Lucent, now has more than 125 member companies working as an end-to-end ecosystem to rapidly deliver next-generation services and applications.

For more information about Verizon at CES, visit www.verizonwireless.com/ces or follow Verizon Wireless news on Twitter at @VZWnews. Visit www.visionmax.com for more information about VisionMAX.

(EDITOR’S NOTE: Media attending CES 2012 in Las Vegas can visit Verizon Wireless and VisionMAX at LVCC, South Hall, Booth #30259.)

About Verizon Wireless
Verizon Wireless operates the nation’s largest 4G LTE network and largest, most reliable 3G network. The company serves 107.7 million total wireless connections, including 90.7 million retail customers. Headquartered in Basking Ridge, N.J., with nearly 83,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE, NASDAQ: VZ) and Vodafone (LSE, NASDAQ: VOD). For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.

About VisionMAX
On November 28, 2011, SYNNEX Corporation (NYSE: SNX) acquired VisionMAX Solutions Inc., a Toronto-based cloud-software and services company (www.visionmax.com). Over its 13-year history, VisionMAX has built a powerful, customizable software platform for enterprise and SMB cloud applications. It has over 100 deployments in leading enterprises in North America, spanning retail/POS, e-commerce, media, hospitality, logistics, government, customer service, and other markets. These deployments process over 100 million transactions/year. For more information about VisionMAX, visit www.visionmax.com.

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 product capabilities and benefits of the relationship, 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, VisionMAX, 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.

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