SYNNEX Corporation Enters Into Agreement With MCI To Sell Business Internet Services

SYNNEX to Offer Comprehensive Broadband and VoIP Solutions Based on MCI Products and Services

ASHBURN, Va. and FREMONT, Calif., January 14, 2004 - MCI (WCOEQ, MCWEQ) and SYNNEX Corporation (NYSE:SNX), a global IT supply chain services company, today announced the companies have entered into an agreement in which SYNNEX will market and sell MCI's portfolio of business voice, data and Internet solutions to its value-added reseller (VAR) channel. Together, the companies will target SYNNEX broad base of VAR business partners, enabling them to deliver complete IT solutions to their end user customers.

"MCI and SYNNEX are joining forces to meet the growing enterprise demand for best-in-class bundled communications offerings," said Jarrett Appleby, MCI Senior Vice President, MCI Solutions. "Our newly formed relationship with SYNNEX is a great example of how MCI is broadening and deepening its distribution channels to expand our customer base and drive new revenue growth."

As one of the largest technology distributors in North America, SYNNEX is a leader in providing a comprehensive range of services and outsourcing solutions to original equipment manufacturers (OEMs) and reseller customers. By focusing on a select set of technology OEMs, SYNNEX offers in-depth knowledge in products and marketing programs to assist resellers in effectively selling to end users. With this announcement, SYNNEX adds a new dimension of service capability to enable resellers to combine information technology products with communications services.

"MCI has designed a unique and comprehensive program for our customers," said Peter Larocque, Executive Vice President of Distribution, SYNNEX Corporation. "For solution providers focused in communications and data networking, our alliance with MCI enables them to tap into an unparalleled suite of global communications products and industry-leading technical support, while offering them additional revenue and profit opportunities."

Under the terms of the agreement, SYNNEX resellers will have the opportunity to offer their end customers a comprehensive range of MCI voice, data and Internet services, including:

• MCI Broadband services like MCI Internet DSL for always-on, high speed connectivity;
• MCI Advantage^®, the company's award-winning VoIP service that converges voice, data and Internet onto a single network, allowing businesses to streamline network management and lower costs;
• MCI Contact Center Solutions that leverage the latest IP-enabled voice technology for companies to enhance customer service operations and;
• MCI Virtual Private Networks (VPNs) which help companies to securely connect remote locations and users to their corporate resources.

MCI has worked with SYNNEX to develop a custom tailored and innovative program to meet the needs of SYNNEX solution partners. MCI is providing SYNNEX with a comprehensive Web-based portal, enabling a single point of entry for resellers to access product and sales materials, online training, pricing information and contracts for MCI's vast portfolio of business communications services. In conjunction with SYNNEX existing array of reseller programs and promotions, MCI has also created specific product promotions that will be exclusively offered to SYNNEX resellers.

For additional information on services available through the SYNNEX program, call 1-800-456-4822 Ext. 3764.

About SYNNEX
Founded in 1980, SYNNEX Corporation is a global IT supply chain services company offering a comprehensive range of services to original equipment manufacturers, software publishers and reseller customers worldwide. SYNNEX offers product distribution, related logistics services and contract assembly and works with the leading industry suppliers of IT systems, peripherals, system components, software and networking equipment. Additional information about SYNNEX may be found online at www.synnex.com.

About WorldCom, Inc.
WorldCom, Inc. (WCOEQ, MCWEQ), which, together with its subsidiaries, currently conducts business under the MCI brand name, is a leading global communications provider, delivering innovative, cost-effective, advanced communications connectivity to businesses, governments and consumers. With the industry's most expansive global IP backbone, based on the number of company-owned POPs, and wholly-owned data networks, WorldCom develops the converged communications products and services that are the foundation for commerce and communications in today's market. For more information, go to http://www.mci.com.

Statements in this release that are forward looking 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.

SYNNEX and the SYNNEX logo are trademarks of SYNNEX Corporation or its subsidiaries and should be treated as such. All rights reserved. All other company names mentioned herein are trademarks of their respective owners.