Synergex Seeks Shareholder Approval for Board Authority to Consider a Stock Consolidation

MISSISSAUGA, ONTARIO, Jun 06 (MARKET WIRE) --
Synergex Corporation (TSX: SYX), a leading international provider of
integrated logistics and distribution services, announced today that it
has mailed a management information circular to holders of its common
shares in connection with its annual and special meeting of shareholders
to be held on June 30, 2008 in Mississauga, Ontario. The information
circular describes, among other things, the particulars of the Company's
proposal for an amendment of its Articles of Incorporation authorizing
the Company's Board of Directors to enact a stock consolidation (also
known as a "reverse stock split") on a one-for-five basis.

The principal effect of the share consolidation would be that the number
of issued and outstanding common shares would be reduced from
approximately 111,602,785 to approximately 22,320,557. The decision to
effect a stock consolidation and the timing of any such decision would be
at the sole discretion of Synergex' Board of Directors. A stock
consolidation would also be subject to approval by the Toronto Stock
Exchange.

Details regarding the background, reasons and impact of the proposed
share consolidation are described in the information circular, a copy of
which is available electronically at www.sedar.com. The information
circular also describes the particulars of the other matters to be voted
upon at the meeting, and the manner in which shareholders may vote on
such matters. Shareholders are urged to review the information circular
in detail.

David Aiello, Synergex' President and CEO, commented, "We believe this
reverse split will enhance the marketability of Synergex' shares, making
them more acceptable to institutional and other investors who may be
dissuaded or precluded from investing in lower-priced stocks. The
consolidation will also adjust the number of issued and outstanding
common shares to a level better suited to a company of our size."

About Synergex Corporation

Synergex is a Canadian based international integrated logistics company
providing distribution, freight forwarding and logistics services under
its Commercial Gateway business group. It is among the largest
distributors of video games and accessories in Canada.

Product lines are being expanded to include other licensed products,
related to video games or their license owners, taking advantage of the
wide range of products originating from movies, home entertainment and
licensed characters often included within, or resulting from, the
creation of video games.

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 www.syx.ca.

Forward-Looking Statements

Some of the statements contained in this news release may be
forward-looking statements such as the Company's future plans, objectives
and goals. The statements that are not historical facts are
forward-looking statements involving known and unknown risks and
uncertainties, which could cause actual results to vary considerably from
these statements.

Contacts:
Company Contact:
Synergex Corporation
David Aiello
President and CEO
(905) 565-1212
Email: david.aiello@syx.ca

Synergex Corporation
John L. Smith
SVP
(905) 565-1212
Email: john.smith@syx.ca
Website: www.syx.ca

Investor Contact:
Kilmer Lucas Inc.
Stephen Kilmer
Managing Partner
(905) 690-2400 ext. 21
Email: stephen@kilmerlucas.com

Media Contact:
Kilmer Lucas Inc.
Leonard Zehr
Senior Partner
(905) 690-2400 ext. 41
Email: len@kilmerlucas.com

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