Synergex Corporation

Synergex Corporation

June 10, 2010 19:30 ET

Audit Committee Chair Resign from Synergex

TORONTO, ONTARIO--(Marketwire - June 10, 2010) - Synergex Corporation ("Synergex" or the "Company") (TSX:SYX) announced today the resignation of Phil Walton, for personal reasons, as an independent director and chair of the audit committee. "I want to thank Synergex for the opportunity to work with the Company and wish Synergex every success in the future!", said Walton. The Company is currently searching for new independent directors to serve on its board which is currently composed of David A. Aello, David O.A. Aiello, John Smith and Dr. Neil Fleshner. Dr. Neil Fleshner and John Smith currently serve on the board's audit committee of which Dr. Neil Fleshner is interim acting chair.

About Synergex Corporation

Synergex is an international service provider of comprehensive supply chain management services in 6 countries across the Americas, specializing in distribution, licensing, sales, localization, packaging and marketing of digital entertainment products. Headquartered in Mississauga, Ontario, with operations across North, Central and South America, 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

Forward-Looking Information

This news release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Synergex to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this press release include, but are not limited to, the Company's expectation with respect to applying to the applicable securities regulatory authorities for a management cease trade order, the expected time for filing of the Company's Required Documents and the imposition of a cease trade order by applicable securities regulatory authorities. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. The forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results or events to differ materially from current expectations including, but not limited to, the risks detailed from time to time in Synergex' filings with Canadian provincial securities regulators. Synergex cautions you not to place undue reliance upon any such forward-looking statements, which speak only as of the date they are made. Forward-looking statements are based on management's current plans, estimates, projections, beliefs and opinions, and Synergex does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change. 

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