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2006 News Releases

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12/04/06Newton Peripherals Chooses ModusLink as Global Partner for End-to-End Supply Chain Services
Leverages Worldwide Supply Chain Network and Consumer Market Expertise to Meet Growing Demand for Award-Winning Product Waltham, Mass., December 4, 2006 – ModusLink Corporation, a subsidiary of CMGI, Inc. (NASDAQ: CMGI) and leading provider of global supply chain management solutions, today announced that Newton Peripherals LLC, the company behind the ground-breaking MoGo Mouse™, has selected ModusLink as its global supply chain services provider. ModusLink will deliver a wide r... 
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12/04/06CMGI Reports Improved Operating Results in First Quarter of Fiscal 2007
Financials Operating Income Increases 121% as Strategic Initiatives Begin to Take Hold Waltham, Mass. December 4, 2006 -- CMGI, Inc. (Nasdaq: CMGI) today reported financial results for its first quarter of fiscal year 2007, ended October 31, 2006. Financial Summary Net revenue decreased to $283.6 million or 6.5% from prior year Op... 
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11/30/06CMGI to Convene Annual Stockholders Meeting
Will Host Live Webcast of Annual Meeting Waltham, Mass., November 30, 2006 - CMGI, Inc. (Nasdaq: CMGI) will host its Annual Meeting of Stockholders on Wednesday, December 6, 2006, 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 www.cmgi.com/investor. ... 
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11/29/06CMGI to Report Fiscal 2007 First Quarter Financial Results
Waltham, Mass., November 29, 2006 - CMGI, Inc. (Nasdaq: CMGI) will release financial results for its first fiscal quarter of fiscal year 2007, ended October 31, 2006, on Monday, December 4, 2006, 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 O... 
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11/02/06@Ventures Portfolio Company Enters into Definitive Agreement to be Acquired
Avamar Technologies to be Acquired by EMC Waltham, Mass., November 2, 2006 – CMGI, Inc. (Nasdaq: CMGI) announced today that one of the companies in which its @Ventures venture capital business has an investment, Avamar Technologies, Inc., has signed a definitive agreement to be acquired by EMC Corporation (NYSE: EMC). Under the terms of the agreement, EMC will acquire Avamar in a cash transaction for approximately $165 million. The acquisition is expected to be completed within 30 da... 
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10/10/06CMGI Reports Improved Operating Results In Fourth Quarter And Second Consecutive Profitable Year
Financials Investment in Strategic Initiatives Designed to Improve Performance of Supply Chain Management Business Continues Waltham, Mass. October 10, 2006 -- CMGI, Inc. (Nasdaq: CMGI) today reported financial results for its fiscal fourth quarter and full year ended July 31, 2006. Fourth Quarter Financial Summary Net revenue increased $14.5 million or 6% from prior year, to... 
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10/05/06ModusLink Corporation Helps Shape Supply Chain Strategies of the Future at SCMLogistics World Asia
Waltham, Mass., October 5, 2006 – 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 2006 SCMLogistics World Asia Event being held at the Suntec City Convention Center in Singapore from October 16-19, 2006. The SCMLogistics World Asia Event brings together thought leaders from industry and academia to discuss important topics, trends and challenges impacting ... 
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10/03/06CMGI to Report Fourth Quarter and Fiscal Year 2006 Financial Results
Waltham, Mass., October 3, 2006 - CMGI, Inc. (Nasdaq: CMGI) will release financial results for its fourth fiscal quarter and full fiscal year 2006, ended July 31, 2006, on Tuesday, October 10, 2006 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... 
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09/11/06New Line of Tailored Vertical Market Solutions Helps Companies Address Supply Chain Challenges Specific to their Industry
Waltham, Mass., September 11, 2006 – ModusLink Corporation, a subsidiary of CMGI, Inc. (Nasdaq: CMGI), today announced a new, customized Storage Management Supply Chain Solution-the first offering in a line of new vertical market solutions tailored to help companies address supply chain challenges specific to their industries. With its new Storage Management Solution, ModusLink is the first and only supply chain service provider in its industry to offer an end-to-end solution for hard disk dr... 
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07/27/06Joseph C. Lawler to succeed David S. Wetherell as Chairman of CMGI
Waltham, Mass., July 27, 2006 – CMGI, Inc. (Nasdaq: CMGI) announced today that the Board of Directors has elected Joseph C. Lawler as Chairman of the company, in addition to his current position as President and Chief Executive Officer, effective August 31, 2006. Mr. Lawler will replace David S. Wetherell, Chairman of the Board, who has resigned from the Board, effective August 31, 2006. Mr. Wetherell cited the time required by his other business interests as the reason for his resignation. ... 
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07/19/06CMGI Sells Marketing Distribution Services Business to ADP
Waltham, Mass., July 19, 2006 – CMGI, Inc. (Nasdaq: CMGI) today announced that its marketing distribution services business, SalesLink, has been sold to Automatic Data Processing, Inc. (NYSE: ADP), one of the largest providers of a broad range of transaction processing and information-based business solutions. CMGI had previously classified this line of business as a discontinued operation held for sale. Terms of the transaction were not disclosed. “Our strategic planning is as muc... 
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06/27/06ModusLink Implements New Supply Chain Model for NETGEAR Further Improving European Fulfillment
Optimized Product Configuration Enables NETGEAR to Further Improve Time to Market, Customer Satisfaction and Return on Investment Waltham, Mass. June 27, 2006 - ModusLink Corporation, a subsidiary of CMGI, Inc. (Nasdaq: CMGI), today announced that it has successfully implemented a new supply chain fulfillment model in Europe for NETGEAR, Inc. (Nasdaq: NTGR), a worldwide provider of technologically advanced, branded networking products. The new supply chain model leverages ModusLi... 
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06/08/06ModusLink Honored by AT&T As Outstanding Supplier
Waltham, Mass. June 8, 2006 - Commitment to excellence over the past year has earned ModusLink Corporation, a subsidiary of CMGI, Inc. (Nasdaq: CMGI), recognition as an outstanding supplier to AT&T Inc. (NYSE: T), one of the world's leading data, voice, wireless and Internet services providers. “We are proud of our long-standing tradition of providing unparalleled products and services to our business and residential customers,” said Maureen Merkle, President, AT&T Procurement. “We're s... 
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06/05/06CMGI Announces Third Quarter 2006 Financial Results
Financials Waltham, Mass. June 5, 2006 -- CMGI, Inc. (Nasdaq: CMGI) today reported financial results for its fiscal 2006 third quarter ended April 30, 2006. Financial Highlights Net Income up 11% from Q3 of fiscal 2005, to $21.7 million Operating Loss of $1.7 million includes restructuring of $2.6 million Non-GAAP Operating Income increased 53% to $7.0 million versus last year Gross Margins increased to 10.9%... 
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05/30/06@Ventures Portfolio Company Alibris, Inc. is Acquired
Waltham, Mass., May 30, 2006 – CMGI, Inc. (Nasdaq: CMGI) announced today that @Ventures, its venture capital business, has received $7.9 million in initial cash proceeds resulting from the acquisition of one of its portfolio companies. Alibris, Inc., a portfolio company in which @Ventures held a minority investment, was recently acquired by Oak Hill Capital Partners. In connection with the transaction, @Ventures expects to receive up to $1.1 million in additional proceeds, assuming there are n... 
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05/26/06CMGI, Inc. Announces Change in Management Team
Waltham, Mass., May 26, 2006 – CMGI, Inc. (Nasdaq: CMGI) today announced that its Chief Financial Officer, Tom Oberdorf, will depart the company to pursue a new career opportunity. The company has named David Riley interim Chief Financial Officer. Mr. Riley joined CMGI in 2000 as Director of Finance, and has advanced through the finance department, serving as Vice President, Finance from 2002 until March, 2006. Recently, he took on the role of Special Assistant to the CEO, working dir... 
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05/24/06CMGI to Report Fiscal 2006 Third Quarter Fiscal Results
Waltham, Mass., May 24, 2006 - CMGI, Inc. (Nasdaq: CMGI) will release financial results for its third fiscal quarter of fiscal year 2006, ended April 30, 2006, on Monday, June 5, 2006 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. ET. The conference call is open to all interested parties and will be hosted by Chief Executive Officer, Joseph C. Lawler, and Chief Financia... 
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04/26/06ModusLink First Supply Chain Service Provider to Offer Wireless Activation Service for Computer Hardware Vendors
Implements New Service in Europe with Leading Notebook Manufacturer to Facilitate Easy, Rapid Activation for Customers Waltham, Mass. April 26, 2006 - ModusLink Corporation, a subsidiary of CMGI, Inc. (Nasdaq: CMGI), today announced its new wireless activation service for notebook hardware manufacturers. As the first supply chain service provider to offer wireless activation services to this market segment, ModusLink serves as a facilitator between the hardware vendors and their... 
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04/18/06Thomas H. Johnson and Edward E. Lucente Join CMGI, Inc. Board of Directors
Elections Add Seasoned Operations and Supply Chain Management Experience to CMGI's Board Waltham, Mass. April 18, 2006 – CMGI, Inc. (Nasdaq: CMGI) today announced that Thomas H. Johnson and Edward E. Lucente have joined the CMGI Board of Directors. This election increases the number of Board members to eight. Mr. Johnson has led several public companies, most recently serving as Chairman and Chief Executive Officer of Chesapeake Corporation and as Vice Chairman, President a... 
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03/30/06@Ventures Portfolio Company Realm Business Solutions, Inc. Is Acquired
>Waltham, Mass. March 30, 2006 - CMGI, Inc. (Nasdaq: CMGI) announced today that @Ventures, its venture capital business, has received $6.0 million in initial cash proceeds resulting from the acquisition of one of its portfolio companies. Realm Business Solutions, Inc., a portfolio company in which @Ventures held a minority investment, was recently acquired by Insight Venture Partners and Lightyear Capital. In connection with the transaction, @Ventures expects to receive up to $2.0 million in ... 
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03/29/06ModusLink Opens Two New Solution Centers to Meet Growing Demand for Services in Europe
Worldwide Footprint Reduces Cost, Time and Risk of Supply Chain Globalization for Clients Waltham, Mass. March 29, 2006 - ModusLink Corporation, a subsidiary of CMGI, Inc. (Nasdaq: CMGI), today announced that it has added two new solution centers to its European footprint to help companies achieve the full potential of their supply chain globalization strategies. The two new solution centers in France and the Netherlands can facilitate end-to-end supply chain management for compan... 
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03/15/06ModusLink Named Best Service Provider by Inventec Corp.
Waltham, Mass. March 15, 2006 - ModusLink Corporation, a subsidiary of CMGI, Inc. (Nasdaq: CMGI), today announced that it has been named Best Service Provider of 2005 by Inventec Corp., an original design manufacturer (ODM) of notebook computers, servers, and other devices for many of the industry's major technology companies. ModusLink was awarded with Inventec's premier Gold Award during its annual Supplier's Day Event. As a valued partner, ModusLink provides high-value services an... 
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03/06/06CMGI Announces Second Quarter 2006 Financial Results
Financials Delivers 9% Year over Year Increase in Revenue and Continues Investing in Strategic Initiatives Waltham, Mass. March 6, 2006 -- CMGI, Inc. (Nasdaq: CMGI) today reported financial results for its fiscal 2006 second quarter ended January 31, 2006. Business Highlights ModusLink: Awarded 22 new engagements, wi... 
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02/23/06CMGI to Report Fiscal 2006 Second Quarter Financial Results
Waltham, Mass., February 23, 2006 - CMGI, Inc. (Nasdaq: CMGI) will release financial results for its second fiscal quarter of fiscal year 2006, ended January 31, 2006, on Monday, March 6, 2006 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. ET. The conference call is open to all interested parties and will be hosted by Chief Executive Officer Joseph C. Lawler a... 
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02/21/06ModusLink’s Global Growth Continues with Expansion of Asian Footprint
New Solution Centers Help Clients Leverage Low-Cost Chinese Markets for Strategic Global Production Inventory Reduction Saving One Client More Than $32 Million Waltham, Mass. February 21, 2006 - ModusLink Corporation, a subsidiary of CMGI, Inc. (Nasdaq: CMGI), today announced that it is expanding its Asian footprint to accommodate continued global growth and increased client interest in leveraging emerging Chinese markets as part of their global supply chain strategies. To m... 
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02/09/06ModusLink Hires Industry Veteran to Lead Execution of Global Supply Base Management Strategy
New SVP of Supply Base Management to Drive Efficiency and Opportunity Through Creative Global Sourcing and Supply Chain Strategies Waltham, Mass. February 9, 2006 - ModusLink Corporation, a subsidiary of CMGI, Inc. (Nasdaq: CMGI), today announced that it has hired supply chain industry veteran, Joseph Lombardo, to lead execution of the company's global supply base management strategy. In his role as SVP of Supply Base Management (SBM), Lombardo will leverage his strong intern... 
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01/19/06ModusLink Harnesses the Power of its Extensive Global Presence to Expand its Direct to Retail Supply Chain Model
Delivers Increased Operating Efficiency and Inventory Reduction Saving One Client More Than $32 Million Waltham, Mass. January 19, 2006 - ModusLink Corporation, a subsidiary of CMGI, Inc. (Nasdaq: CMGI), today announced that it has expanded its Direct-to-Retail (DTR) Supply Chain Solution by leveraging the power of its extensive global supply chain network to deliver these services in key, low-cost Asian manufacturing and outsourcing destinations. Replicating the efficiency of i... 
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01/05/06CMGI Names Josita Todd as New Chief Information Officer
Waltham, Mass. January 5, 2006 – CMGI, Inc. (Nasdaq: CMGI) announced today that it has hired Josita Todd as the organization's new Chief Information Officer. Ms. Todd will provide information technology (IT) leadership direction for CMGI and its subsidiaries, including ModusLink Corporation, the leading global provider of supply chain management solutions. Ms. Todd succeeds interim-CIO, Dennis Hughes, and will report directly to Joseph C. Lawler, President and Chief Executive Officer of CMGI. ... 
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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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