Concentrix Expansion to Generate 1,000 Jobs in Visakhapatnam

Contact: Clint Williams, 770-883-2551

Concentrix Expansion to Generate 1,000 Jobs in Visakhapatnam

Visakhapatnam, July 13, 2015 - The recent opening of a second Concentrix Corporation facility in the heart of Visakhapatnam allows the generation of 1,000 new jobs, doubling the number of local staff.

Concentrix, a leader in high-value global business services, opened its first facility in Visakhapatnam in 2007 and now employs about 1,000 staff members. With the opening of a second facility - 40,000 square feet - the company intends to do more hiring over the next two years.

"This new facility underscores our commitment to generating employment and adding to the skills of the local workforce," said Ravinder Singh Rana, Country General Manager, Concentrix India. "We believe Visakhapatnam is a high potential business growth sector for us at Concentrix and plan to boost the workforce further. We are looking at making significant hires and increasing the number of employees by almost 100 percent."

In addition to serving existing accounts, the additional hires are needed to handle a variety of new contracts that are on the horizon.

"Concentrix has witnessed a steady and consistent growth across India and this latest addition bears testimony to the fact that the demand for our services is growing," Ravinder added. "There is an amazing pool of talent in this city that we want to take advantage of and grow it to its full potential. We foresee Visakhapatnam as one of our critical locations capable of servicing multiple languages."

Concentrix, a wholly-owned subsidiary of SYNNEX Corporation (NYSE: SNX), provides innovative, high value business services built on intellectual capital and technology innovation, with a focus on transforming customer experience. SYNNEX Corporation ranks #220 on the Fortune 500 List of Largest Companies.

Concentrix continues to invest in high potential cities in India to help grow the overall business and add to the company's future success.

For information on all Concentrix locations and services, please visit www.concentrix.com.

About Concentrix

A wholly owned subsidiary of SYNNEX Corporation (NYSE:SNX), Concentrix is a leader in high-value global business services. It partners with its clients to deliver end-to-end customer engagement services, technology innovations, analytics, process optimization, and business improvements. The global business services firm transforms the customer experience, and streamlines front and back office and industry-specific processes to provide the highest value from every customer interaction. Based in 24 countries with a staff of more than 54,000 who speak 40+ languages, Concentrix offers industry expertise in 10 industries: Banking & Financial Services, Healthcare & Pharmaceutical, Insurance, Technology, Consumer Electronics, Retail & e-Commerce, Government & Public Sector, Media & Communications, Automotive and Travel, Transportation & Tourism. For information, recent news, and to follow Concentrix on Twitter, Facebook, LinkedIn, Google+ and YouTube, visit www.concentrix.com.

About SYNNEX

SYNNEX Corporation (NYSE:SNX), a Fortune 500 corporation, is a leading business process services company, optimizing supply chains and providing outsourced services focused on customer relationship management. SYNNEX distributes a broad range of information technology systems and products, and also provides systems design and integration solutions.  Founded in 1980, SYNNEX operates in 25 countries around the world. Additional information about SYNNEX may be found online at www.synnex.com.

Statements in this release that are forward-looking, such as the number of company jobs in Visakhapatnam, the timing of hiring, services demand, new contracts and timing of such contracts, facility capabilities,  company and Visakhapatnam business growth, and company commitments and investments, 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 2015 SYNNEX Corporation. All rights reserved. SYNNEX, the SYNNEX Logo, CONCENTRIX and all other SYNNEX company, product and services names and slogans are trademarks or registered trademarks of SYNNEX Corporation. SYNNEX, the SYNNEX Logo and CONCENTRIX Reg. U.S. Pat. & Tm. Off. Other names and marks are the property of their respective owners.

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