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2007 News Releases

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12/19/07Toshiba Chooses ModusLink as Its Partner for European Retail Product Fulfillment
WALTHAM, Mass.--(BUSINESS WIRE)--Dec. 19, 2007--ModusLink(R) Corporation, a subsidiary of CMGI(R), Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today announced it has signed a multi-year contract with Toshiba Electronics Europe (Toshiba) to manage the company's European supply chain for a variety of its storage products. As part of the contract, ModusLink will deliver a wide range of supply chain solutions, including its popular Optimized Confi... 
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12/03/07CMGI Reports Financial Results for First Quarter of Fiscal 2008
Company Reports Improved Operating Income WALTHAM, Mass.--(BUSINESS WIRE)--Dec. 3, 2007--CMGI, Inc. (Nasdaq: CMGI) today reported financial results for its first quarter of fiscal year 2008, ended October 31, 2007. Financial Summary -- Net revenue of $274.7, a decrease of 3.1% compared to the first quarter of fiscal 2007 -- Operating income of $9.1 million, an increase of 80.9% compared to operating income in the year ago period -- Inco... 
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11/27/07CMGI to Convene Annual Stockholders Meeting
Will Host Live Webcast of Annual Meeting WALTHAM, Mass.--(BUSINESS WIRE)--Nov. 27, 2007--CMGI, Inc. (Nasdaq: CMGI) will host its Annual Meeting of Stockholders on Wednesday, December 5, 2007, beginning at 9:00 a.m. Eastern Time in The State Room, 60 State Street, 33rd Floor, Boston, Massachusetts. The meeting, as well as a presentation regarding the Company and its business, will be webcast from CMGI's corporate web site at http://www.cmgi.com/investor/webcast.shtml. The webcast i... 
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11/19/07CMGI to Report First Quarter 2008 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Nov. 19, 2007--CMGI, Inc. (Nasdaq: CMGID) will release financial results for the first quarter of fiscal year 2008, ended October 31, 2007, on Monday, December 3, 2007 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 Exec... 
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11/16/07@Ventures Invests in M2E Power, Inc.
WALTHAM, Mass.--(BUSINESS WIRE)--Nov. 16, 2007--@Ventures, the clean technology venture capital business of CMGI(R), Inc. (NASDAQ: CMGID), announced today that it has made a $2.0 million investment in M2E Power, Inc., provider of efficiency solutions for mobile and large-scale power generation. @Ventures participated in the company's $8 million Series A financing round, along with OVP Venture Partners, Highway 12 Ventures and existing investors. M2E Power will use the funds to spe... 
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11/01/07CMGI Completes 1-For-10 Reverse Stock Split
Ticker Symbol Changes to “CMGID” for 20 Trading Days WALTHAM, Mass. — November 1, 2007 — CMGI® Inc. (NASDAQ: CMGID) today announced it has completed a 1-for-10 reverse stock split of the company's issued and outstanding common stock. The reverse stock split, which was announced on September 25, 2007, was effective with respect to stockholders of record at 11:59 p.m. EST, on October 31, 2007. As a result of the reverse stock split, each ten shares of issued and outstanding common stock were ... 
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10/17/07@Ventures Portfolio Company Enters into Definitive Agreement to be Acquired
WALTHAM, Mass. October 17, 2007 – @Ventures®, the venture capital business of CMGI®, Inc. (NASDAQ: CMGI), announced today that one of the companies in its venture capital portfolio, The Generations Network, Inc., has signed a definitive agreement to be acquired by Spectrum Equity Investors. Under the terms of the agreement, Spectrum will lead an investment of $300 million to purchase a majority interest in the company. The acquisition is subject to customary closing conditions and is expected ... 
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10/09/07ModusLink named 2007 Sun Best-in-Class Supplier
ModusLink recognized for delivering superior quality and value in 17th Annual Sun Supplier Awards program Waltham, Mass. October 9, 2007 – ModusLink® Corporation, a subsidiary of CMGI®, Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, was named Best-in-Class Supplier for Software & Supply Chain Services in Sun Microsystems' 2007 Supplier Awards program. The Supplier Awards recognize companies that make outstanding contributions to Sun's record of deliv... 
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09/26/07@Ventures Portfolio Company 212 Resources Secures $250 Million Credit Facility From GE Energy Financial Services
Waltham, Mass. Sept. 26, 2007 – @Ventures, the venture capital fund affiliated with CMGI, Inc. (Nasdaq: CMGI), announced today that portfolio company 212 Resources has secured a $250 million credit facility from GE Energy Financial Services, a unit of GE (NYSE: GE). The capital provided will be used to finance the implementation of 212 Resources' patented water treatment technology in partnership with major oil and gas producers. The press release follows. GE UNIT PROVIDES $250 MILLION CRE... 
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09/26/07CMGI to Present at the Jefferies Technology Conference on October 2, 2007
Waltham, Mass., September 26, 2007 - CMGI, Inc. (Nasdaq: CMGI) today announced that Chairman, President and Chief Executive Officer, Joseph C. Lawler and Chief Financial Officer, Steven G. Crane, are scheduled to speak on Tuesday, October 2, 2007 at 12:50 p.m. EDT at the Jefferies Technology Conference being held in New York. The presentation will be available to all interested parties via a live webcast which may be accessed through the Investor Relations section of the Company's web site at h... 
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09/25/07CMGI Reports 2007 Fourth Quarter and Fiscal Year Financial Results
Financials - Company Reports Strong Financial Performance for 2007 and Third Consecutive Profitable Year -- Company to Execute Reverse Stock Split -- Stock Repurchase Program Announced - WALTHAM, Mass.--(BUSINESS WIRE)--CMGI, Inc. (Nasdaq: CMGI - News) today reported financial results for its fiscal 2007 fourth quarter and full year ended July 31, 2007.Fourth Quarter Financial SummaryNet revenue of $252.6 million, a decrease of 3.6% from the fourth quarter o... 
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09/18/07ModusLink unveils new Gateway to Europe Solution, first in a series of regionally optimized market solutions
Tailored Gateway to Market Solutions leverage local market expertise and integrated service bundles to enable clients to quickly and profitably reach customers in key geographic markets with minimal capital investment and risk WALTHAM, Mass. — September 18, 2007 — ModusLink® Corporation, a subsidiary of CMGI®, Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today announced its new Gateway to Europe S... 
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09/18/07Macpower Chooses ModusLink as its European Supply Chain Partner
Waltham, Mass. — September 18, 2007 — 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 Gatewa... 
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09/13/07ModusLink earns Platinum Supplier Award from Novell
Waltham, Mass., September 13, 2007 -- ModusLink® Corporation, a subsidiary of CMGI®, Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today announced one of its European Solution Centers has earned the Platinum Supplier Award from Novell, a leading provider of enterprise-wide operating systems based on Linux and open source. ModusLink's Kildare, Ireland Solution Center received the honor due to its consistently outstanding performance in facilitating Novell'... 
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09/11/07CMGI to Report Fourth Quarter and Fiscal Year 2007 Financial Results
Waltham, Mass., September 11, 2007 - CMGI, Inc. (Nasdaq: CMGI) will release financial results for its fourth quarter and full fiscal year 2007, ended July 31, 2007, on Tuesday, September 25, 2007 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,... 
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08/29/07 @Ventures Invests in Propel Biofuels, Inc.
WALTHAM, Mass. — August 29, 2007 — @Ventures®, the venture capital business of CMGI®, Inc. (NASDAQ: CMGI), announced today that it has made a $2.0 million investment in Propel Biofuels, Inc., a biofuels retailing and distribution company. @Ventures led the company's $4.75 million Series A financing round, joined by co-investor Nth Power and several Seattle-based sustainable business leaders. Propel is working to build the “last mile” in the biofuels industry, connecting biofuels producers wit... 
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08/09/07ModusLink Expands Supply Chain Services to Universal Electronics
Additional Optimized Configuration Solution Services and Investment in Environmentally Controlled Production Area Reduce Turnaround Time by Up To 85 Percent as UEI Volume Grows Waltham, Mass. — August 9, 2007 — ModusLink® Corporation, a subsidiary of CMGI®, Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today announced the expansion of its relationship with Universal Electronics Inc. (NASDAQ: UEIC) the global leader in wireless control t... 
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07/19/07ModusLink Named As a Leading Supply Chain Company by Supply & Demand Chain Executive Magazine
Global Supply Chain Solutions Provider Secures Ranking on The 2007 Supply & Demand Chain Executive 100 WALTHAM, Mass. — July 19, 2007 – ModusLink Corporation, a subsidiary of CMGI, Inc. (NASDAQ: CMGI) and provider of global supply chain management solutions, today announced that it has been selected as a leading supply chain company in the sixth-annual listing of the 2007 Supply & Demand Chain Executive 100, which identifies supply chain solution and service providers who are at the forefront... 
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06/19/07@Ventures Invests in Solar Cell Manufacturer Advent Solar, Inc.
Waltham, Mass. June 19, 2007 – @Ventures, the venture capital business of CMGI, Inc. (Nasdaq: CMGI), announced today that it has made a $3.0 million investment in Advent Solar's recently-announced Series D financing round of more than $70 million. @Ventures was one of Advent Solar's first venture capital providers, investing in the company's Series B investment round in late 2004 and again in Advent Solar's Series C round in 2005. New investors in Advent Solar's Series D funding round incl... 
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06/05/07CMGI Reports Financial Results for Third Quarter of Fiscal 2007
Company Reports 6.5% Revenue Growth and Improved Year Over Year Operating Income Performance Waltham, Mass. June 5, 2007 -- CMGI, Inc. (Nasdaq: CMGI) today reported financial results for its third quarter of fiscal year 2007, ended April 30, 2007. Financial Summary Net revenue increased 6.5% from prior year to $282.1 million Op... 
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05/31/07@Ventures Invests in Powerit Holdings, Inc.
Waltham, Mass. May 31, 2007 – @Ventures, the venture capital business of CMGI, Inc. (Nasdaq: CMGI), announced today that it has made a $3.0 million investment in Powerit Holdings, Inc., a leader in intelligent energy-demand management. @Ventures led the company's $7.1 million Series A financing round, joined by new co-investor Expansion Capital Partners, and existing investors including Stellar Holdings and company management. Powerit Holding's US subsidiary, Powerit Solutions, provides energ... 
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05/25/07CMGI to Report Fiscal 2007 Third Quarter Financial Results
Waltham, Mass., May 25, 2007 - CMGI, Inc. (Nasdaq: CMGI) will release financial results for its third fiscal quarter of fiscal year 2007, ended April 30, 2007, on Tuesday, June 5, 2007, 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 Executiv... 
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05/24/07CMGI Named in the “Globe 100” List of Top Performing Companies for Second Consecutive Year
WALTHAM, Mass.— May 24, 2007 -- CMGI, Inc. (NASDAQ:CMGI), which provides industry-leading global supply chain management services and solutions through its subsidiary, ModusLink Corporation, today announced that it has been named to the “Globe 100” list of top performing public companies in Massachusetts, announced by The Boston Globe this week. Based on a composite score derived from financial data for the four quarters ending December 31, 2006, CMGI was ranked 32nd, up from 62nd last year, ... 
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04/23/07ModusLink Appoints Scott D. Smith President, Sales and Marketing
WALTHAM, Mass.— April 23, 2007 – ModusLink Corporation, a subsidiary of CMGI, Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today announced that Scott D. Smith has been appointed President, Sales and Marketing, effective April 24, 2007. Mr. Smith brings more than two decades of sales and marketing experience and will be responsible for ModusLink's global sales and marketing organization. Mr. Smith's career includes more than 20 years with IBM Corporatio... 
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04/05/07CMGI Names Steven G. Crane as Chief Financial Officer
Company appoints David Riley Executive Vice President, Corporate Development WALTHAM, Mass.— April 5, 2007 --CMGI, Inc. (NASDAQ:CMGI) today announced that Steven G. Crane has been appointed Chief Financial Officer of the Company, effective April 24, 2007. Mr. Crane brings more than two decades of global financial management and executive leadership experience to the position and will be responsible for all aspects of the financial management of CMGI, as well as CMGI's subsidiary, ModusLink Co... 
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04/02/07ModusLink Corporation Acquires Full Ownership of Joint Venture in Japan
Acquisition Strengthens Company's Global Footprint and Enhances Support to the Japanese Market Waltham, Mass. April 2, 2007 - ModusLink Corporation, a subsidiary of CMGI, Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today announced that it has acquired full ownership of its Japan-based joint venture from Sasatoku Printing, which previously held a 60% interest in the entity. ModusLink Japan has been operating as a joint venture, with a full-service sol... 
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03/07/07@Ventures Invests in Cleantech Company, Earthanol, Inc.
Waltham, Mass. March 7, 2007 – @Ventures, the venture capital business of CMGI, Inc. (Nasdaq: CMGI), announced today that it has made an investment in Earthanol, Inc., a developer of waste-to-ethanol production plants based on commercially proven technologies. @Ventures has committed to a total investment of $2.0 million and joins Nth Power, Sail Venture Partners, and Calvert Funds as investors in the company's $7.1 million Series A financing round. Earthanol plans to use proven, proprietary ... 
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02/26/07CMGI Reports Financial Results For Second Quarter Of Fiscal 2007 - Company Reports Strong Improvement in Operating Results and Net Income
Financials Company Reports Strong Improvement in Operating Results and Net Income Waltham, Mass. February 26, 2007 -- CMGI, Inc. (Nasdaq: CMGI) today reported financial results for its second quarter of fiscal year 2007, ended January 31, 2007. Financial Summary Net revenue increased 1.9% from prior year to $324.8 mil... 
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02/21/07CMGI to Report Fiscal 2007 Second Quarter Financial Results
Waltham, Mass., February 21, 2007 - CMGI, Inc. (Nasdaq: CMGI) will release financial results for its second fiscal quarter of fiscal year 2007, ended January 31, 2007, on Monday, February 26, 2007, 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 Chair... 
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02/21/07CMGI to Present at the Robert W. Baird & Co. 2007 Business Solutions Conference on February 28, 2007
Waltham, Mass., February 21, 2007 - CMGI, Inc. (Nasdaq: CMGI) today announced that Chairman, President and Chief Executive Officer, Joseph C. Lawler is scheduled to speak on Wednesday, February 28 at 8:30 AM EST at the Robert W. Baird & Co. 2007 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 Company's web site at http://www.... 
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02/20/07@Ventures Invests in Cleantech Company, H2Oil Recovery Services, Inc.
Waltham, Mass. February 20, 2007 – @Ventures, the venture capital business of CMGI, Inc. (Nasdaq: CMGI), announced today that it has made an investment in H2Oil Recovery Services, a company that solves major operational and environmental challenges for the energy industry. The $3.0 million investment from @Ventures, part of the company's $4.7 million Series B financing round, provides capital for H2Oil to expand its products and services into the natural gas industry. H2Oil uses a... 
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02/16/07CMGI Names Matthew J. Dattilo as Chief Information Officer
Waltham, Mass. February 16, 2007 – CMGI, Inc. (Nasdaq: CMGI) today announced the appointment of Matthew J. Dattilo as Chief Information Officer. With two decades of experience, Mr. Dattilo will direct further development of CMGI's and ModusLink Corporation's information technology (IT) infrastructure and the technology components of its supply chain solutions. Mr. Dattilo succeeds Josita Todd who is leaving the company to pursue other opportunities. Mr. Dattilo joins CMGI from Perk... 
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02/08/07ModusLink Discusses Innovation in Supply Chain Outsourcing at 4th Annual SCM for High Tech & Electronics Conference
Key Presentation and Workshop Cover the Latest Trends and Issues Affecting Supply Chain Management in Technology Industry Waltham, Mass. February 8, 2007 – 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 t... 
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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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