Synergex Corporation
TSX : SYX

Synergex Corporation

January 16, 2007 07:00 ET

Synergex Develops Distribution Partnership With NCsoft

MISSISSAUGA, ONTARIO--(CCNMatthews - Jan. 16, 2007) - Synergex Corporation (TSX:SYX) ("Synergex"), a leading provider of business solutions, announced today its latest partnership with NCsoft®, the world's leading developer and publisher of online computer games. Since launching successful games such as Lineage®, Guild Wars®, and City of Heroes®, NCsoft has capitalized on technological innovation and successful marketing strategies.

Synergex Corporation has recently developed a partnership with NCsoft to act as its Canadian distributor for all of NCsoft's video game products and software. NCsoft's affiliation with Synergex is part of a planned strategy to expand NCsoft's retail presence within Canada. This partnership will provide a platform to showcase and distribute NCsoft's market-leading products within the context of Synergex' formidable reach in the Canadian retail market. Synergex' value added supply chain management depth and long-standing retail relationships will effectively meet the demands of NCsoft's growing Canadian retail customer base.

Eric So, Vice-President, Corporate Strategy of Synergex Corporation said, "We are extremely excited about our partnership with NCsoft and to be working so closely with such an innovative and thriving company. We expect to provide NCsoft with the national reach we use to currently service some of the world's largest video game publishers. We look forward to offering a wider product range associated with the quality and popularity of NCsoft's products."

Through its Commercial Gateway operations, Synergex provides value-added logistics solutions for the computer entertainment industry in the Canadian and Mexican retail marketplace. Synergex' customer depth includes some of Canada's leading retail distributors, including companies such as: Wal-Mart, Future Shop, Best Buy and EB Games. Through this partnership, NCsoft will be better positioned to service its growing Canadian customer base by leveraging Synergex' expertise, existing relationships and structure.

About Synergex Corporation

Synergex Corporation is a leading provider of business solutions. Synergex applies its proven expertise in supply chain management and process automation to emerging opportunities with high growth potential. The Company has three workgroups: Synergex Commercial Gateway, Synergex Technology, and Synergex Business Information, which provide value added depth in the areas of video game logistics and distribution, digital signage, point of sale solutions, Radio Frequency Identification, credit reporting and collection services. Headquartered in Mississauga, Ontario, Synergex serves a broad base of customers that includes a number of multinational enterprises. Synergex is listed on the Toronto Stock Exchange and trades under the symbol SYX. For further information, please visit www.syx.ca.

About Ncsoft

NCsoft North America is headquartered in Austin, Texas and is a wholly-owned subsidiary of Korea-based NCsoft Corporation. NCsoft, with its own development and publishing offices in Texas and California, also works with other NCsoft subsidiaries and third party developers throughout North America to develop and publish innovative online entertainment software products. The company has successfully launched multiple online titles in the last three years and continues to support its franchises that include Lineage/Lineage II, City of Heroes/City of Villains®, Guild Wars/Guild Wars Factions™/Guild Wars Nightfall™ and Auto Assault®. More information about NCsoft can be found at http://www.plaync.com.

Contact Information

  • Synergex Corporation
    David Aiello
    President and CEO
    (905) 565-1212 x 303
    or
    Synergex Corporation
    Eric So
    Vice President, Corporate Strategy
    (905) 740-3274
    Website: www.syx.ca