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New Age Electronics and MOTA Team up to Distribute Emerging CE Products to North American Retail Channel

June 25, 2014

Agreement makes fashionable smart watches, glasses and affordable 3D printers more available to consumers Carson, CA - June 25, 2014 - New Age Electronics, a leading distributor of consumer electronics and gaming products and services, and a division of SYNNEX Corporation (NYSE: SNX), announced that it has signed a North American distribution agreement with MOTA to sell its cutting-edge consumer electronics products, including wearable devices such as the MOTA SmartWatch and MOTA Interactive SmartGlass, creative products such as the MOTA 3D Printer, and MOTA's popular line of accessories for mobile, camera and other devices. In Canada, MOTA is available through SYNNEX Canada Limited's consumer electronics group. The agreement supports New Age Electronics' recently launched Emerging Technology Strategy and SYNNEX Canada's growing CE business, while simultaneously enhancing MOTA's channel program. According to a study by NextMarket Insights, smart watch shipments will reach 15 million units in 2014 and increase to nearly 37 million units by 2015. The global market for 3D printer sales, materials and associated services is expected to reach $16.2 billion by 2018 according to independent research company Canalys. "By bringing fashionable wearable devices and affordable 3D printer to retailers, we are helping fill two gaps in the industry and providing retailers with direct access to today's most innovative products as the CE landscape continues to evolve," said Fred Towns, President, New Age Electronics. "MOTA products create new and exciting experiences that resonate with consumers' ever- changing needs." MOTA's SmartWatch G2 Pro takes wearable technology to a new level, offering clear communication and a host of advanced features by seamlessly integrating with Siri(®) and Google Now(®). The smart watch can easily set up appointments, send emails, check the weather and much more. The MOTA SmartGlass redefines interactive mobile devices with a wide array of functions including voice dial, data recording and a remote control camera. The MOTA 3D Printer offers high- precision, durable and dependable 3D modeling at an affordable price. MOTA products are available through New Age Electronics and SYNNEX Canada in a variety of channels, including regional retail, e-commerce, broadcast and more. "Our agreement with New Age Electronics ensures more consumers than ever will discover and experience some of the industry's most innovative, useful and exciting devices," said Michael Faro, MOTA co-founder. "The agreement positions our offerings in front of a very large audience and marks a major step forward in making MOTA's name synonymous with the most innovative consumer electronics products on the market." US retailers can contact New Age Electronics to learn more about the opportunities surrounding MOTA at 800-947-5974 or mikemu@synnex.com. Canadian retailers can contact SYNNEX Canada's consumer electronics group at 514-745-1690 ext. 508916 or shawng@synnex.com. About New Age ElectronicsNew Age Electronics, a division of SYNNEX Corporation (NYSE: SNX), is a sales and supply chain solutions innovator that provides consumer technology (CT) manufacturers with a broad offering of logistics, distribution and remanufactured services. Extensive experience in the CT industry and a customer- centric approach has made New Age Electronics the provider of choice. New Age Electronics distinguishes itself with efficient operations and relentless focus on customer satisfaction. Founded in 1988, New Age Electronics is headquartered in Carson, California.  For more information about New Age Electronics, call (310) 549-0000, toll-free (888) 234-0300 or visit the company's website at www.synnex.com/nae. About SYNNEX CorporationSYNNEX 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 global business services. Founded in 1980, SYNNEX employs approximately 49,000 full-time and part-time associates worldwide. Additional information about SYNNEX may be found online at www.synnex.com. About MOTA MOTA, by UNorth LLC, imagines, builds and markets stylish and innovative wearable and creative consumer electronics. From interactive personal devices to intelligent mobile and sound accessories, MOTA empowers users by enabling them to command their world while having fun. To find out more, visit www.mota.com, email info@mota.com or call 888-324-2787. Safe Harbor Statement Statements in this release that are forward-looking, such as product capabilities and features, the market for 3D printer sales, materials and associated services, smart watch shipments and increase, and 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 2014 SYNNEX Corporation. All rights reserved. SYNNEX, the SYNNEX Logo, NEW AGE ELECTRONICS, the NEW AGE ELECTRONICS Logo and all other SYNNEX company, product and services names and slogans are trademarks or registered trademarks of SYNNEX Corporation. SYNNEX, the SYNNEX Logo, NEW AGE ELECTRONICS and the NEW AGE ELECTRONICS Logo Reg. U.S. Pat. & Tm. Off. MOTA, MOTA SmartWatch G2 Pro, MOTA SmartGlass, and MOTA 3D Printer are trademarks or registered trademarks of MOTA and UNorth LLC. Other names and marks are the property of their respective owners. SNX-G Media Contacts: Eliza Bostian Mark McHarry Senior Account Executive, Hughes Agency    MOTA For SYNNEX Corporation (408) 370-1248 x775 (864) 271-0718 mmcharry@mota.comelizab@hughes-agency.com ### SmartWatch-G2-White: http://hugin.info/159453/R/1801490/621021.jpg MOTA® 3D Printer - front: http://hugin.info/159453/R/1801490/621022.png This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Synnex Corporation via GlobeNewswire [HUG#1801490]


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