Synergex Provides Update on Filing Defaults and New Shareholders' Meeting Date

TORONTO, ONTARIO, Jun 01 (MARKET WIRE) --
Synergex Corporation ("Synergex" or the "Company") (TSX: SYX) is
providing an update to its bi-weekly Default Status Report that was
released on May 25, 2009 in accordance with National Policy 12-203: Cease
Trade Orders for Continuous Disclosure Defaults.

The Company now anticipates that it will rectify its filing defaults on
or before June 12, 2009. The management cease trade order imposed by the
applicable securities regulatory authorities will continue until such
time. However, the securities regulatory authorities, in their
discretion, may then determine that it would be appropriate to issue a
general cease trade order affecting all of the Company's securities.

The Company confirms that, except as described herein, and in its
previously filed bi-weekly Default Status Reports, and in its initial
default announcement: (i) there is no material change to the information
set out in its initial default announcement and first bi-weekly Default
Status Report filed pursuant to NP 12-203; (ii) there has been no failure
by the Company in fulfilling its stated intention with respect to
satisfying the provisions of the alternative information guidelines set
out in NP 12-203; (iii) there is no actual or anticipated specified
default subsequent to that disclosed in the initial default announcement;
and (iv) there is no other additional material information concerning the
affairs of the Company has not been generally disclosed.

Synergex also announces today that in light of the revised anticipated
timeline to rectify the Company's filing defaults, its annual meeting
(the "Meeting") of shareholders will now be held on Friday, July 31, 2009
at 3:00 p.m. (Toronto time) at its offices, 1280 Courtneypark Drive East,
Mississauga, Ontario L5T 1N6. The record date for determining those
Synergex shareholders entitled to receive notice of and vote at the
Meeting is now June 16, 2009. Formal notice of the Meeting and a
management proxy circular will be sent to such Synergex shareholders in
due course.

About Synergex Corporation

Synergex is a premier international service provider of supply chain
management solutions, specializing in logistics, distribution, freight
forwarding, localization and packaging services. 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 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.

Contacts:
Synergex Corporation
Kevin Daniels
Chief Communications Officer
905-740-3128
kevin.daniels@syx.ca

Synergex Corporation
David Aiello
President and Chief Executive Officer
905-565-1212
david.aiello@syx.ca
www.syx.ca

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