ModusLink's New Consumer Electronics Solutions Suite Tailored to Meet Specific Needs and Challenges of Highly-Competitive Market

ModusLink Corporation, a subsidiary of CMGI, Inc. (NASDAQ: CMGI)
and leading provider of global supply chain management solutions,
today announced availability of the ModusLink Consumer Electronics
Solutions Suite, an integrated suite of tailored solutions designed to
address the specific supply chain challenges and global operating
requirements of consumer electronics companies. Based on decades of
experience developing successful, high-return solutions for the
consumer electronics market, ModusLink has documented and standardized
the best processes, technologies and operating methodologies available
and now offers them as part of its new, integrated solution suite.

The new solutions suite helps clients reduce complexity and speed
implementation of key supply chain strategies--from global sourcing
and late-configuration to direct to retailer fulfillment and expansion
into new regional markets--while lowering associated capital
investment, cost and risk. Additionally, with globalization increasing
the field of competitors, ModusLink helps clients differentiate
themselves by expediting time to market and improving customer
service, satisfaction and loyalty.

"Today's announcement underscores ModusLink's commitment to the
consumer electronics industry and the depth of our experience in
helping companies address the specific challenges of this market,"
said Joseph C. Lawler, Chairman, President and Chief Executive Officer
of CMGI. "While demand for consumer products remains strong,
manufacturers are battling the affects of shorter product lifecycles,
rapid commoditization of goods, increased demand for innovation and
mounting global competition. We understand the challenges of this
market and have a proven track record of helping consumer electronics
companies stay competitive in this challenging business environment.
Our suite helps clients effectively balance customer focus and cost by
taking redundancy, inefficiency and risk out of the supply chain,
while boosting quality of service to customers."

"ModusLink has continually demonstrated a solid understanding of
the unique challenges and operating requirements of our market. Their
expertise and market-specific solutions have been instrumental in
helping Newton Peripherals meet continued growth in global demand for
our innovative, new MoGo Mouse product," said Matthew Westover, Newton
Peripherals' CEO and President. "ModusLink's tailored supply chain
solutions are a fundamental part of our global supply chain operations
and help us in our efforts to provide outstanding levels of service to
our customers throughout the United States and Europe."

The new Consumer Electronics Solutions Suite is comprised of 9
"solution packages" that manage the full range of forward supply,
reverse logistics and "go-to-market" (channel direct and regional
expansion) supply chain activities. Among the solution packages
available are the following key offerings:

-- Optimized Configuration - Leveraging supply chain network
optimization and simulation analysis to determine the best
global supply chain model and capacity strategy to meet cost
and service targets.

-- Retail Direct - All services and processes required to manage,
and ship directly to, the retail channel in any geography -
from Radio Frequency Identification (RFID) and messaging to
merchandising and Collaborative Planning and Forecasting
Replenishment (CPFR).

-- Gateway to Market (Asia, Europe and Americas) - All services
required to help clients quickly and cost-effectively enter
new geographic markets. In addition to all of the key supply
chain services, such as sourcing, light manufacturing,
fulfillment and returns, this solution addresses such complex
needs as regulatory compliance, taxation, customs and local
language support.

-- Factory Supply (with optional VMI) - All services required to
source multiple components and materials and deliver to
factory consumption points with optimum efficiency, inventory
management and customer service, including optional processes
that optimize hub operations using intelligent Vendor Managed
Inventory (VMI) techniques and direct-line feed supply models.

-- Reverse Logistics - Full design and execution of reverse
logistics processes that minimize non-value repair and
accelerate the identification of no fault found products and
components to expedite the processing and return to market of
valuable returned product.

For more information and a complete list of the available solution
packages, please contact a sales representative or visit our website
at www.moduslink.com to download the brochure.

About ModusLink

ModusLink Corporation is a leading provider of global, end-to-end
supply chain management solutions. The company provides technology
clients in the software, computing, consumer electronics, storage and
communications markets with customized supply chain solutions that
improve time-to-market, productivity and customer satisfaction while
reducing risk and cost. ModusLink's services include consulting and
planning, sourcing and supply base management, manufacturing and
product configuration, fulfillment, logistics management, e-commerce
and the complete range of aftermarket services. With 40 facilities in
13 countries, ModusLink has the largest global footprint in its
industry. The company is headquartered in Waltham, Massachusetts and
is a subsidiary of CMGI, Inc. (Nasdaq: CMGI). For additional
information, see www.moduslink.com.

About CMGI

CMGI, Inc. (NASDAQ: CMGI), through its subsidiary ModusLink,
provides industry-leading global supply chain management services and
solutions that help businesses market, sell and distribute their
products around the world. In addition, CMGI's venture capital
business, @Ventures, invests in a variety of technology ventures. For
additional information, see www.cmgi.com.

This release contains forward-looking statements, which address a
variety of subjects including, for example, the expected benefits of
the Consumer Electronics Solutions Suite. The following important
factors and uncertainties, among others, could cause actual results to
differ materially from those described in these forward-looking
statements: ModusLink's success depends on its ability to execute on
its business strategy and the continued and increased demand for and
market acceptance of its solutions and services; ModusLink may not be
able to expand its operations in accordance with its business
strategy; ModusLink may experience difficulties integrating
technologies, operations and personnel in accordance with its business
strategy; ModusLink derives a significant portion of its revenue from
a small number of customers and the loss of any of those customers
would significantly damage its financial condition and results of
operations; increased competition and technological changes in the
markets in which ModusLink competes; and risks associated with
international operations. ModusLink represents a significant
percentage of CMGI's operations and the occurrence of any of the
foregoing factors may have an adverse effect on CMGI's results of
operations and financial results. For a detailed discussion of
cautionary statements that may affect CMGI's future results of
operations and financial results, please refer to CMGI's filings with
the Securities and Exchange Commission, including CMGI's most recent
Annual Report on Form 10-K and Quarterly Report on Form 10-Q.
Forward-looking statements represent management's current expectations
and are inherently uncertain. We do not undertake any obligation to
update forward-looking statements made by us.