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Hyve Solutions Is First to Achieve OCP Solutions Provider Status and Makes Additional Investments in OCP Community

2012-05-02 11:01 ET - News Release


Company Website: http://www.synnex.com
FREMONT, Calif. -- (Business Wire)

Hyve Solutions, a division of SYNNEX Corporation (NYSE: SNX), is proud to announce the division’s approval as the first company to achieve Open Compute Project (OCP) Solutions Provider status, as well as its commitment to invest in promoting the benefits of utilizing OCP technologies.

“We have been integrating and delivering OCP products to Facebook for almost two years, and we began shipping OCP products to other customers last Spring. We are very excited to be an official OCP Solutions Provider. Aside from our unique role as the only OCP Solutions Provider with real-world experience deploying OCP products in volume, we have the added advantage of having an established and mature OCP supply chain,” said Steve Ichinaga, Senior Vice President and General Manager for Hyve Solutions.

In fourth quarter of 2011, Hyve Solutions provided pre-production OCP Rev. 2.0 samples to customers for testing along with discounted production units. Hyve Solutions will mark its official role with a limited number of no cost production Rev 2.0 samples to qualified customers.

Hyve Solutions has also committed to invest $500,000 in 2012 to educate the market on the benefits of OCP products and will continue to be an early supplier of new OCP technologies. “Meeting with customers over the past year has been amazing,” said Ichinaga. “We originally thought that interest for OCP would come from a small number of Web 2.0 companies. However, the conversations with customers have shown us that a broad range of industry segments - such as telecom, banking, Cloud, national labs, universities, manufacturing and pharmaceuticals - want these types of lower cost and highly efficient IT solutions.”

About Hyve Solutions

Hyve Solutions, a division of SYNNEX Corporation (NYSE: SNX), is a leader in providing customers with better, purpose-built datacenter servers that are cost effective and built to be specific to actual workloads and datacenter environments. The Company offers highly energy-efficient solutions via its unique role in the Open Compute Project. For more information about Hyve Solutions, visit http://www.hyvesolutions.com, email sales@hyvesolutions.com or call (855) 869-6873.

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 future sample and funding commitments, 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, HYVE SOLUTIONS, 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.

SNX-G

Contacts:

For SYNNEX Corporation/Hyve Solutions
Amanda Long, 864-271-0718
Account Supervisor, Hughes Agency
amandal@hughes-agency.com

Source: SYNNEX Corporation

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