Agreement Addresses Growing Ransomware Threat with Solutions and Services

SAN JOSE, Calif. — Oct. 23, 2019 — SPYRUS Solutions, Inc (“SPYRUS”) announced today it has signed a distribution agreement with SYNNEX Corporation (NYSE: SNX), a leading business process services company. SPYRUS develops and deploys cryptographic operating systems, providing the strongest protection for secured identity access, data in motion, data at rest and data in process. Together SPYRUS and SYNNEX will bring enhanced security solutions and services to enterprises and vertical markets in North America, including higher education and federal, state and local government.

SYNNEX is focused on building high-quality security solutions for its partner channel. With ransomware and other cybersecurity attacks increasing and specifically targeting public sector entities, the addition of solutions from SPYRUS will enhance the security offerings of the SYNNEX reseller channel in the U.S. and Canada.  In addition, universities that receive Federal government funding must continue to evolve their security protocols to meet standards such as the United States’ Defense Federal Acquisition Regulation Supplement (DFARS).  SPYRUS solutions enable universities and other enterprises to meet stringent “mandate to secure” requirements.  Enterprises can no longer rely on “good enough” security and will benefit from the solutions and services delivered via this partnership.

“We are very pleased to establish a relationship with SYNNEX, one of the largest value-added distributors in North America, to broaden the distribution of our security solutions,” said Grant Evans, chief executive officer and chairman, SPYRUS. “Security threats like ransomware are growing across the globe, and many enterprises such as universities and city governments do not have the resources or capabilities to fully protect themselves.  SYNNEX can provide the necessary high-touch services and support, augmenting our best-in class solutions.”

“As an industry leader in IT distribution and security, SYNNEX is able to deliver innovative solutions and services to help customers address growing cyberthreats,” said Scott Young, vice president, product management, SYNNEX Corporation. “We are excited to team with SPYRUS, an emerging leader in security solutions that ensure the highest level of verified identity and encrypted data protection while helping meet stringent regulatory requirements.”

Learn more about SPYRUS at www.spyrus.com. For more information through SYNNEX Corporation, contact strategicprocurement@synnex.com.


About SPYRUS Solutions, Inc.

SPYRUS develops and deploys cryptographic operating systems in innovative ways, providing the strongest protection for data in motion, data at rest and data in process.  For more than 20 years, SPYRUS has delivered encryption, authentication, and digital content security products to government, financial, and healthcare enterprises.  SPYRUS solutions enable customers to meet stringent regulatory requirements for data protections across industries.  Connect with SPYRUS on LinkedIn and Twitter.


About SYNNEX Corporation

SYNNEX Corporation (NYSE: SNX) is a Fortune 200 corporation and a leading business process services company, providing a comprehensive range of distribution, logistics and integration services for the technology industry and providing outsourced services focused on customer engagement to a broad range of enterprises.  SYNNEX distributes a broad range of information technology systems and products, and also provides systems design and integration solutions. Concentrix, a wholly-owned subsidiary of SYNNEX Corporation, offers a portfolio of strategic solutions and end-to-end business services focused on customer engagement, process optimization, technology innovation, front and back-office automation and business transformation to clients in ten identified industry verticals. Founded in 1980, SYNNEX Corporation operates in numerous countries throughout North and South America, Asia-Pacific and Europe.  Additional information about SYNNEX may be found online at synnex.com.


Safe Harbor Statement

Statements in this news release that are forward-looking, such as features and capabilities of products and services, security product offering expansion, technology trends, and general success of collaborations, 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.

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