ModusLink Announces Changes to Executive Management Team

    Business Editors/Technology Editors

    WALTHAM, Mass.--(BUSINESS WIRE)--April 13, 2005--ModusLink Corporation, a wholly owned subsidiary of CMGI, Inc. (Nasdaq: CMGI) today announced organizational changes to its Executive Management Team. Ken Southerland has accepted the position as President, Sales and Marketing. During Ken's tenure with ModusLink (formerly Modus Media International), most recently serving as President of Asia-Pacific Operations, he has been instrumental in establishing ModusLink as a leading supply chain solutions partner in the Asia Pacific Region for global technology companies.
    "Ken's extensive industry knowledge, client relationships and thorough understanding of clients' supply chain business requirements enable us to deliver innovative global solutions. These global solutions will enhance the value delivered to clients by expediting the time it takes to bring products to market, reducing supply chain costs, increasing return on investment, and improving customer satisfaction," said Joe Lawler, Chief Executive Officer of ModusLink.
    In addition, ModusLink announced that Bill McLennan has joined ModusLink as President of Asia-Pacific Operations. "Bill is a seasoned general manager who's had supply chain management and technology experience as President of RR Donnelley Logistics and as President of Packtion Corporation. Bill's unique set of experiences and his proven leadership capabilities make him a very strong addition to ModusLink's Executive Leadership Team," said Lawler.
    "ModusLink's Executive Management Team is focused on aligning our culture, strategy and structure to effectively deliver a compelling value proposition to our clients," said Lawler. "The leadership of our Executive Management Team, combined with the best people, processes and systems, positions ModusLink as a global leader in the supply chain industry."

    About ModusLink

    ModusLink is a leading provider of global supply chain management solutions. The company provides global technology clients in the software, hardware, telecommunications and wireless markets with customized supply chain solutions that reduce risk and time to market and improve efficiency and productivity. ModusLink's services include demand planning, sourcing and procurement, manufacturing support, kitting and assembly, fulfillment, full-cycle logistics, systems integration and development, customer support and optimization consulting. Headquartered in Waltham, Massachusetts, ModusLink maintains 37 facilities in 13 countries and employs 3,900 people worldwide. The company 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 technology and product solutions that help businesses market, sell and distribute their products and services. In addition, CMGI's venture capital affiliate, @Ventures, invests venture capital 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 abilities and contributions of ModusLink's management and the expected benefits of ModusLink's products and services. All statements other than statements of historical fact, including without limitation, those with respect to ModusLink's goals, plans and strategies set forth herein are forward-looking statements. 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 products and services; Management may face strain on managerial and operational resources as they try to oversee expanded worldwide operations; 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; and increased competition and technological changes in the markets in which ModusLink competes. 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 these and other cautionary statements that may affect ModusLink's and 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 Quarterly Report on Form 10-Q. Forward-looking statements represent management's current expectations and are inherently uncertain. Neither CMGI nor ModusLink undertake any obligation to update forward-looking statements made by us.

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CONTACT: Investors-Financial: CMGI Tom Oberdorf, 781-663-5012 ir@cmgi.com or Media: ModusLink Deborah Keeman, 781-663-5191 Deb_Keeman@ModusLink.com

KEYWORD: MASSACHUSETTS Technology_IT INDUSTRY KEYWORD: SOFTWARE NETWORKING INTERNET E-COMMERCE HARDWARE MANAGEMENT CHANGES SOURCE: ModusLink

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