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SI Silvergate Capital Corporation

1.25
0.00 (0.00%)
Last Updated: 01:00:00
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Share Name Share Symbol Market Type
Silvergate Capital Corporation NYSE:SI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.25 0 01:00:00

Siemens Enterprise Communications Enters Strategic Business Relationship with SYNNEX Corporation to Focus on North American Chan

28/04/2009 11:00am

PR Newswire (US)


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Agreement will help drive adoption of Unified Communications, giving resellers easier access to best of breed products and support BOCA RATON, Fla., April 28 /PRNewswire/ -- Siemens Enterprise Communications Group, a premier provider of enterprise communications solutions, today announced a strategic business relationship with SYNNEX Corporation (NYSE:SNX). Under the terms of the agreement, Siemens Enterprise Communications Group's entire portfolio, which includes complete end-to-end solutions for voice, data, video and security, will become flagship products offered through SYNNEX' Integrated Communications Group (ICG). (Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO ) SYNNEX' network of more than 15,000 resellers is a key part of Siemens' North American channel focus. In addition to having access to the full Siemens portfolio, which allows for a layered or incremental approach to Unified Communications (UC) based on an organization's need, SYNNEX and its resellers will also have access to Siemens' global services infrastructure. This will allow them to quickly provide high quality services and standards-based UC solutions across multi-vendor environments. By extending their existing services capabilities and offering a more tailored approach, SYNNEX resellers can not only ensure that they have the right products in place to quickly meet client requirements, but they can also ensure they have the right skill sets to shorten time to market. "Our agreement with SYNNEX underscores our dedication to the North American market and will significantly expand our ability to drive adoption of next generation UC technologies," said Michael Garland, senior vice president of North American alliances and channels for Siemens Enterprise Communications Group. "By making it easier and more profitable for our partners to distribute our solutions and giving them the support they need to succeed, we are also reinforcing our commitment to the channel. We understand that their success is our success." Both companies also share a commitment to help enterprise customers easily and cost-effectively integrate UC solutions into their business processes. With Siemens' OpenScape portfolio's OpenSOA approach and OpenPath commitment to extensibility, SYNNEX resellers can minimize integration pain points and costs, while giving customers the security of knowing that their UC solutions will grow with them. "We carefully evaluated Siemens' offerings and determined that its open architecture, single vendor platform for UC, including data and security products, plus its unmatched support levels will give our large reseller base the extra edge it needs to succeed in these challenging times," said Peter Larocque, president of U.S. distribution at SYNNEX Corporation. "Together we can provide the agility and cost-effective solutions that organizations need to embrace UC today and allow them to start taking advantage of improved collaboration and reduced conferencing costs." About Siemens Enterprise Communications Group (SEN Group) The SEN Group is a premier provider of enterprise communications solutions. More than 14,000 employees in 80 countries carry on the tradition of voice and data excellence started more than 160 years ago with Werner von Siemens and the invention of the pointer telegraph. Today the company leads the market with its "Open Communications" approach that enables teams working within any IT infrastructure to improve productivity through a unified collaboration experience. SEN Group is a joint venture between the private equity firm, The Gores Group, and Siemens AG and incorporates Siemens Enterprise Communications, Enterasys Networks, SER Solutions, Cycos and iSEC. In fiscal 2008, The SEN Group generated revenues of approximately 3.21 billion Euros. About SYNNEX SYNNEX Corporation, a Fortune 500 corporation, is a leading business process services company, servicing resellers 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 over 7,000 associates worldwide and operates in the United States, Canada, China, Japan, Mexico, the Philippines and the United Kingdom. Additional information about SYNNEX may be found online at http://www.synnex.com/. Note: Siemens and Enterasys are registered trademarks of Siemens AG or its subsidiaries and affiliates. SYNNEX, the SYNNEX Logo, 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. All other company, brand, product and service names are trademarks or registered trademarks of their respective holders. This release contains forward-looking statements based on beliefs of Siemens and/or SYNNEX management. The words "anticipate," "believe," "estimate," "forecast," "expect," "intend," "plan," "should," and "project" are used to identify forward-looking statements. Such statements reflect the respective company's current views with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results to be materially different, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Actual results may vary materially from those projected here. Siemens and SYNNEX do not intend or assume any obligation to update these forward-looking statements. http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGODATASOURCE: Siemens Enterprise Communications Group CONTACT: Holly Hagerman, Connect Public Relations, +1-801-373-7888,

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