Macpower Chooses ModusLink as its European Supply Chain Partner

ModusLink® Corporation, a subsidiary of CMGI®, Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today announced that it has been selected as the sole European supply chain services provider for Macpower & Tytech Technology Co., Ltd. (Macpower group), which specializes in the design, research and development, marketing and manufacture of a wide range of consumer products. Macpower Group will leverage ModusLink’s Gateway to Europe Solution to extend and enhance its supply chain operations to serve its European customers. The Gateway to Europe Solution is an integrated offering that bundles the necessary services and operations required to rapidly establish a fully optimized supply chain in Europe. Gateway to Europe is part of ModusLink’s Gateway to Market Solution, which combines ModusLink’s globally integrated operations with its local knowledge of the business challenges and supply chain requirements in each of the key economic regions of the world, to provide clients with an instant infrastructure, ready to meet local customer needs. Gateway to Europe reduces the complexity, cost and time associated with European supply chain operations, optimizing ModusLink’s substantive local market knowledge for management of such processes as, regulatory compliance, VAT taxation, custom, sourcing and local languages support. "Macpower is experiencing strong demand in the market and we needed a service provider that would work closely with us to complement and enhance our global supply chain capabilities,” said Tommy Chen, managing director for Macpower. "We are excited to collaborate with ModusLink and believe that their expertise in our industry, extensive global footprint and innovative supply chain solutions, will be instrumental in driving even greater efficiency and productivity throughout our supply chain as we continue to grow our business around the globe. Through ModusLink’s Gateway to Europe Solution, we have instant access to a state-of-the-art global operating infrastructure capable of delivering rapid time-to-market for our customers and ensuring the highest levels of quality for our products.” ModusLink will deliver a number of services to Macpower from its Budapest Solution Center in Hungary and other solution centers throughout the world. These services will include: late-configuration of multiple SKUs; software load and flashing; localization and pack-out of finished goods for retail sale; and fulfillment to the channel and manufacturing clients. "We are pleased to be working with Macpower to assist the company to streamline supply chain operations in Europe as demand in the region continues to grow,” said Scott Smith, president of sales and marketing for ModusLink. "ModusLink is committed to developing innovative solutions that help growing consumer technology manufacturers, like Macpower, address their specific go-to-market challenges for maximum efficiency and return on investment. We offer our clients the confidence that comes with knowing the supply chain is well-managed, as well as the security of a trusted partner, so they can focus internal resources on furthering their core business and growing customer satisfaction and loyalty.” For more information on ModusLink’s Gateway to Market solutions, visit www.moduslink.com. About Macpower & Tytech Technology Co., Ltd. Founded in 1992, Macpower & Tytech Technology Company Limited specializes in the design, development, marketing and manufacture of consumer products. Our products include Multi media devices, Smart Storage solutions, Digital content products and Software development. Macpower & Tytech also provides highly sought-after contract manufacturing services in China. With headquarters and R&D in Taiwan and state-of-the-art manufacturing facilities in mainland China, Macpower & Tytech has approximately 500 employees including 25 R&D professionals in R&D centers. For more information, see www.macpower.com 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. ModusLink has 34 facilities in 13 countries, creating the largest global footprint in the industry. With headquarters in Waltham, Massachusetts, the company is a subsidiary of CMGI, Inc. (NASDAQ: CMGI). For additional information, visit 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, visit www.cmgi.com. This release contains forward-looking statements, which address a variety of subjects including, for example, the expected benefits of the relationship between ModusLink and Macpower. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: While ModusLink is currently designated Macpower’s sole supply chain services provider in Europe, Macpower could change this designation in its discretionModusLink frequently sells to its supply chain management clients, including the client referenced in this press release, on a purchase order basis and therefore its sales are subject to demand variability; 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. ModusLink is a registered trademark of ModusLink Corp. and CMGI is a registered trademark of CMGI, Inc. All other company names and products are trademarks or registered trademarks of their respective companies.