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.
