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2008 News Releases

All | Earnings/Financial | ModusLink Corp. | Open Channel Solutions | PTS Corp.
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12/09/08ModusLink's e-Business Suite helps companies ensure brand integrity during product recalls
New recall component enables companies to respond rapidly in crisis situations WALTHAM, Mass.--(BUSINESS WIRE)--Dec. 9, 2008--ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), a leader in supply chain business process management, has added ModusLink Recall to its e-Business Suite of Solutions. With this new crisis management solution, clients can mitigate the repercussions of a product recall by launching a multilingual recall management website. ... 
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12/04/08ModusLink Global Solutions Reports Financial Results for First Quarter of Fiscal 2009
WALTHAM, Mass.--(BUSINESS WIRE)--ModusLink Global Solutions, Inc. (NASDAQ: MLNK) today reported financial results for its first quarter of fiscal year 2009, ended October 31, 2008. Financial Summary Net revenue of $291.4 million, an increase of 6.1% from the first quarter of fiscal 2008 Gross margin as a percentage of revenue of 9.6% compared to 14.2% in the same period duri... 
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12/03/08ModusLink Global Solutions to Convene Annual Stockholders Meeting
Will Host Live Webcast of Annual Meeting WALTHAM, Mass.--(BUSINESS WIRE)--Dec. 3, 2008--ModusLink Global Solutions(TM), Inc. (Nasdaq: MLNK) will host its Annual Meeting of Stockholders on Wednesday, December 10, 2008, beginning at 9:00 a.m. Eastern Time at the Boston Harbor Hotel, 70 Rowes Wharf, Boston, Massachusetts. The meeting, as well as a presentation regarding the Company and its business, will be webcast from ModusLink Global Solutions' corporate w... 
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11/25/08ModusLink Global Solutions to Report Fiscal Year 2009 First Quarter Financial Results
WALTHAM, Mass., Nov 25, 2008 (BUSINESS WIRE) -- ModusLink Global Solutions, Inc. (Nasdaq: MLNK) will release financial results for the first quarter of fiscal year 2009, on Thursday, December 4, 2008 after the market closes. Following the release, ModusLink Global Solutions management will host a conference call to discuss the results. The conference call will begin at 5:00 p.m. Eastern Time. The conference call is open to all interested parties and will ... 
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11/07/08@Ventures Invests in CarbonFlow, Inc.
WALTHAM, Mass.--(BUSINESS WIRE)--Nov. 7, 2008--@Ventures, the venture capital business of ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), today announced an investment in CarbonFlow, Inc., a leading developer of software for carbon market participants. @Ventures' investment completes CarbonFlow's first round of venture capital financing, joining current investors Clean Pacific Ventures, OVP Venture Partners, and Meridian Energy Ltd. CarbonFlow will use the funds to speed comm... 
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10/28/08ModusLink to Present at Consumer Returns 2008
Supply chain management leader will discuss how to develop an integrated value approach to aftermarket solutions WALTHAM, Mass., Oct 28, 2008 (BUSINESS WIRE) -- ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), a leader in supply chain business process management, today announced that Joseph King, vice president of aftermarket solutions for ModusLink, will present at Consumer Returns 2008 this week. King will share insights on how to develop an integrated ... 
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10/28/08ModusLink Global Solutions introduces Aftermarket Suite of Solutions for complete post-sales supply chain support
Company renames PTS Electronics to ModusLink PTS as part of integration of subsidiary service offerings WALTHAM, Mass.--(BUSINESS WIRE)--Oct. 28, 2008--ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), a leader in supply chain business process management, is combining its various aftermarket, reverse logistics and repair services into a complete Aftermarket Suite of Solutions. With the integrated offering, ModusLink will provide expertise in the areas of returns... 
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10/27/08ModusLink Provides Supply Chain Solutions to Creative Labs
Leader in digital entertainment leverages fulfillment and distribution capabilities for the Americas WALTHAM, Mass.--(BUSINESS WIRE)--Oct. 27, 2008--ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), a leader in supply chain business process management, today announced it is providing supply chain solutions to Creative Labs, Inc., the American subsidiary of Creative Technology Ltd., a worldwide leader in digital entertainment products. Creative Labs will leverage ModusLink's forw... 
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10/20/08ModusLink Global Solutions CEO to Ring Closing Bell at NASDAQ to Mark Rebranding of the Company
WALTHAM, Mass.--(BUSINESS WIRE)-- ModusLink Global Solutions(TM), Inc. (NASDAQ:MLNK), formerly CMGI(R), Inc., today announced that Joseph C. Lawler, chairman, president and chief executive officer, will ring the NASDAQ closing bell on Tuesday, October 21, 2008. The ceremony will observe the Company's first month of operating and trading under the new name and ticker. "We are pleased to have the opportunity to participate in the closing bell ceremony at NASDAQ in order to cele... 
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10/14/08ModusLink Global Solutions Files Form 10-K with Final Fiscal 2008 Financial Statements
WALTHAM, Mass.--(BUSINESS WIRE)-- ModusLink Global Solutions, Inc. (NASDAQ: MLNK) today announced that it has filed its Annual Report on Form 10-K for its fiscal year ended July 31, 2008 with the Securities and Exchange Commission. The Form 10-K includes the Company's final audited financial statements for the fiscal year. The final financial statements include a non-cash goodwill impairment charge of $14.0 million recorded for the fourth quarter of fiscal 2008 related to its Euro... 
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09/29/08CMGI Changes Name to ModusLink Global Solutions, Affirming Leading Position in Global Supply Chain Business Process Management
WALTHAM, Mass., Sep 29, 2008 (BUSINESS WIRE) -- Former Internet operating and development company CMGI(R), Inc. (NASDAQ: CMGI) has transformed from its legacy as an Internet pioneer into a leading provider of global supply chain business process management solutions. The transition is marked today with the renaming of CMGI to ModusLink Global Solutions(TM), Inc. Commencing with market open tomorrow, Tuesday, September 30, 2008, ModusLink Global Sol... 
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09/29/08CMGI Reports 2008 Fourth Quarter and Fiscal Year Financial Results
Click here to download PDF Version-- Revenue Increases 9.4% for the Fourth Quarter -- -- Results are Preliminary Pending the Finalization of an Estimated Non-Cash Goodwill Impairment Charge --WALTHAM, Mass., Sep 29, 2008 (BUSINESS WIRE) -- ModusLink Global Solutions, Inc. (formerly known as CMGI, Inc.) (NASDAQ: CMGI) today reported preliminary financial results for its 2008 fourth quarter and fiscal year ended July 31, 2008. Results for the fourth quarter and full fiscal year ... 
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09/09/08ModusLink Introduces e-Business Suite of Solutions for Online Channel Expansion and Supply Chain Integration
Clients can now increase revenue potential while employing cost-containment strategies within a single solution using an innovative financial management system WALTHAM, Mass.--(BUSINESS WIRE)--Sept. 9, 2008--ModusLink(R) Corporation, a subsidiary of CMGI(R), Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today introduced its new e-Business Suite of Solutions. This Solution Suite opens up new revenue streams for clients without compromising existi... 
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09/08/08CMGI to Report 2008 Fourth Quarter and Fiscal Year Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Sept. 8, 2008--CMGI, Inc. (Nasdaq: CMGI) will release 2008 fourth quarter and fiscal year financial results, on Monday, September 29, 2008 after the market closes. Following the release, CMGI management will host a conference call to discuss the results. The conference call will begin at 5:00 p.m. Eastern Time. The conference call is open to all interested parties and will be hosted by Chairman, President and Chief Executive Officer, Joseph C. Law... 
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06/09/08CMGI Reports Financial Results for Third Quarter of Fiscal 2008
WALTHAM, Mass.--(BUSINESS WIRE)--June 9, 2008--CMGI(R), Inc. (NASDAQ: CMGI) today reported financial results for its third quarter of fiscal year 2008, ended April 30, 2008. Financial Summary -- Net revenue of $239.2 million, a decrease of 15.2% compared to the third quarter of fiscal 2007 -- Gross margins improved 230 basis points to 12.9% of revenue compared with 10.6% in the prior year period -- Operating income of $10 thousand compared t... 
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05/28/08ModusLink garners NETGEAR Supplier Award 2008 for Valued Strategic CTO Partner
WALTHAM, Mass.--(BUSINESS WIRE)--May 28, 2008--ModusLink(R) Corporation, a subsidiary of CMGI(R), Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today announced it has earned the NETGEAR(R) Supplier Award 2008 for Valued Strategic CTO (configure to order) Partner. NETGEAR, Inc. is a worldwide provider of technologically advanced, branded networking solutions. ModusLink provides product configuration and fulfillment services to NETGEAR from it... 
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05/13/08CMGI to Report Third Quarter 2008 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--May 13, 2008--CMGI, Inc. (Nasdaq: CMGI) will release financial results for the third quarter of fiscal year 2008, ended April 30, 2008, on Monday, June 9, 2008 after the market closes. Following the release, CMGI management will host a conference call to discuss the results. The conference call will begin at 5:00 p.m. Eastern Time. The conference call is open to all interested parties and will be hosted by Chairman, President and Chief Executive Of... 
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05/02/08CMGI Acquires PTS Electronics
Expansion into telecommunications and consumer electronics repair services further strengthens reverse logistics service offering WALTHAM, Mass.--(BUSINESS WIRE)--May 2, 2008--CMGI(R), Inc. (NASDAQ: CMGI), a global leader in supply chain management services, today announced it has acquired PTS Electronics (PTS), one of the largest independent consumer-electronics service repair and reverse logistics providers. The all cash transaction is valued at approximately $45 million. The tra... 
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03/19/08CMGI completes acquisition of Open Channel Solutions
Acquisition creates a complete "digital to physical" supply chain management offering by combining ModusLink's fulfillment and distribution capabilities with OCS' e-business management solutions WALTHAM, Mass.--(BUSINESS WIRE)--March 19, 2008--CMGI(R), Inc. (NASDAQ: CMGI), a global leader in supply chain management services, today announced it has completed its previously announced acquisition of Open Channel Solutions, Inc. (OCS), a leading global provider of entitleme... 
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03/17/08ModusLink's Lorcan Sheehan recognized by Supply & Demand Chain Executive Magazine
Leading business magazine announces annual listing of top supply and demand chain industry professionals WALTHAM, Mass.--(BUSINESS WIRE)--March 17, 2008--ModusLink(R) Corporation, a subsidiary of CMGI(R), Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today announced that Lorcan Sheehan, senior vice president of marketing for ModusLink, has been named as one of Supply & Demand Chain Executive's Provider Pros to Know. Each year, Supply & Demand... 
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03/17/08ModusLink announces its next-generation Optimized Configuration Solution for demand-driven supply chains
New network analysis and simulation service enables clients to minimize costs and maintain inventory levels by building a multi-location and dynamic supply chain WALTHAM, Mass.--(BUSINESS WIRE)--March 17, 2008--ModusLink(R) Corporation, a subsidiary of CMGI(R), Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today announced the availability of its next-generation Optimized Configuration Solution for demand-driven supp... 
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03/10/08CMGI Reports Financial Results for Second Quarter of Fiscal 2008
WALTHAM, Mass., Mar 10, 2008 (BUSINESS WIRE) -- CMGI, Inc. (NASDAQ: CMGI) today reported financial results for its second quarter of fiscal year 2008, ended January 31, 2008. Financial Summary -- Net revenue of $278.0 million, a decrease of 14.4% compared to the second quarter of fiscal 2007 -- Gross margins improved to 14.0% compared with 12.5% in the prior year period -- Operating income of $8.6 million, a decrease of 23.7% compared to operating income ... 
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03/03/08MyGuide Turns to ModusLink to Streamline Its Supply Chain Operations in Europe
WALTHAM, Mass., Mar 03, 2008 (BUSINESS WIRE) -- ModusLink(R) Corporation, a subsidiary of CMGI(R), Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today announced that MyGuide, a leader in the European global positioning system (GPS) navigation market, has turned to ModusLink to streamline its supply chain operations in Europe. By leveraging ModusLink's Optimized Configuration Solution for late-stage product customization, MyGuide is able to implement ... 
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02/26/08ModusLink receives Adobe Turnkey Supplier of the Year Award 2007
Supply chain management leader also earns the title of Adobe Certified Software Manufacturing and Distribution Partner for 2008 WALTHAM, Mass.--(BUSINESS WIRE)--Feb. 26, 2008--ModusLink(R) Corporation, a subsidiary of CMGI(R), Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today announced it has received the Adobe Turnkey Supplier of the Year Award for 2007. The award is bestowed on the vendor that achieves the highest overall score among Ado... 
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02/21/08CMGI to Present at the Robert W. Baird & Co. 2008 Business Solutions Conference on February 27, 2008
WALTHAM, Mass.--(BUSINESS WIRE)--Feb. 21, 2008--CMGI, Inc. (Nasdaq: CMGI) today announced that Chairman, President and Chief Executive Officer, Joseph C. Lawler is scheduled to speak on Wednesday, February 27 at 3:15 PM EST at the Robert W. Baird & Co. 2008 Business Solutions Conference held at The Four Seasons Hotel in Boston. The presentation will be available to all interested parties via a live webcast, which may be accessed through the Investor Relations section of the Compan... 
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02/20/08CMGI to acquire Open Channel Solutions
Acquisition strengthens ModusLink's capabilities in entitlement management and digital delivery of content on behalf of clients WALTHAM, Mass.--(BUSINESS WIRE)--Feb. 20, 2008--CMGI(R), Inc. (NASDAQ: CMGI), a global leader in supply chain management services, and Open Channel Solutions, Inc. (OCS), a leading global provider of entitlement and e-business management solutions, today announced that they have entered into a definitive agreement under which CMGI will acquire Open Channe... 
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02/13/08CMGI to Report Second Quarter 2008 Financial Results
WALTHAM, Mass., Feb 13, 2008 (BUSINESS WIRE) -- CMGI, Inc. (Nasdaq: CMGI) will release financial results for the second quarter of fiscal year 2008, ended January 31, 2008, on Monday, March 10, 2008 after the market closes. Following the release, CMGI management will host a conference call to discuss the results. The conference call will begin at 5:00 p.m. Eastern Time. The conference call is open to all interested parties and will be hosted by Chairman, President and Chief Executive Offic... 
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Media Relations Contacts:
Farrah Phillipo
PR and Communications Manager
Moduslink Global Solutions, Inc.
781-663-5046
farrah_phillipo@moduslink.com

Maura Landry
SHIFT Communications
617-779-1829
moduslink@shiftcomm.com
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