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Press release from CNW Group

Synex International Inc. initiation of annual cash dividend

Monday, May 14, 2012

Synex International Inc. initiation of annual cash dividend13:08 EDT Monday, May 14, 2012TSX : SXIVANCOUVER, May 14, 2012 /CNW/ - Synex International Inc. (the "Company") announces the initiation of a dividend in the amount of one-cent ($0.01) per share, which is intended to be paid annually.  The first dividend will be payable on or about June 28, 2012 to shareholders of record at the close of business on June 15, 2012.  The ex-dividend date shall be the close of business on June 13, 2012.The decision of the Board of Directors to introduce a dividend demonstrates its confidence in the ability of the existing operating assets to consistently generate positive cashflows.The Company also advises that it has completed the purchase of a further $100,000 of shares of  Robson Valley Power Corporation ("RVPC").  After combining this purchase with its existing shares, the Company now owns 11% of RVPC.Synex International Inc is an experienced run of river hydroelectric developer and consultant in British Columbia with over 15 professionals located in the Vancouver office.  The Company wholly owns or has interests in 12 MW of operating facilities and has applications for water licences and land tenure on over 70 potential hydroelectric sites which are in various stages of development or for disposition."signed"______________________________________Greg Sunell, PresidentThis press release contains forward-looking statements that involve risks and uncertainties. These statements reflect ourcurrent expectations and are subject to change. They are subject to a number of risks and uncertainties including, but notlimited to, changes in economic conditions, risks associated with the construction and operation of hydroelectric facilities andchanges in government policies.For further information: Greg Sunell, President 400 - 1444 Alberni Street, Vancouver B C  V6G 2Z4 Phone (604)  688 8271  Ext. 309  Fax  (604)  688 1286 E-mail:  gsunell@synex.com   Web Site:  www.synex.com/