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ModusLink Discusses Innovation in Supply Chain Outsourcing at 4th Annual SCM for High Tech & Electronics Conference



    ModusLink Corporation, a subsidiary of CMGI, Inc. (NASDAQ: CMGI)
    and leading provider of global supply chain management solutions,
    today announced an overview of its participation in the Supply Chain
    Management (SCM) for High Tech & Electronics Conference taking place
    in Berlin, Germany February 12-13, 2007. The Conference brings
    together industry leaders to explore new opportunities to drive
    stronger financial and operational performance through supply chain
    innovation.

    ModusLink's Senior Vice President of Marketing, Lorcan Sheehan,
    will be presenting a case study entitled, "Effective Outsourcing
    Models to Drive Greater Efficiency throughout the Supply Chain," which
    will be accompanied by a case study of a Blue Chip client.

    ModusLink is a Sliver Sponsor of the event and will be hosting a
    workshop luncheon that will provide delegates with the opportunity to
    discuss important topics related to Supply Chain Outsourcing and
    Innovation. The luncheon will also serve as a forum for a wider group
    discussion, where participants in multiple panels summarize, share and
    debate various perspectives and insights.

    "ModusLink is pleased to be such an active participant in this
    year's SCM for High Tech & Electronics Conference," remarked Joseph C.
    Lawler, Chairman, President and Chief Executive Officer of CMGI. "The
    conference is a great venue to exchange ideas and debate innovative
    new supply chain strategies that can positively impact financial and
    operational performance in these key industries. As a preferred
    partner for the high tech and electronics markets, we look forward to
    sharing our perspectives and insights and providing actionable
    information that helps companies drive greater productivity and
    innovation in the supply chain."

    Journalists interested in scheduling executive briefings with
    ModusLink can contact Kerry Guiliano at Kerry.Guiliano@fd.com. To
    attend the presentation or workshop or learn more about the SCM for
    High Tech & Electronics Conference, please visit
    http://www.marcusevans.com/events/CFEventinfo.asp?EventID=11736.

    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
    ModusLink's services. 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.