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All Press Releases 2011

ModusLink Sends Letter To Stockholders
 
Strongly Recommends that Stockholders Vote FOR ModusLink's Highly-Qualified Director Nominees Urges Stockholders to Protect Their Investment by Voting the WHITE Proxy Card Today WALTHAM, Mass., Dec 16, 2011 (BUSINESS WIRE) --ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), today announced that it is mailing a letter to stockholders in connection with the Company's Annual Meeting of Stockholders to be held on January 20, ... More >>
ModusLink Global Solutions Files Form 10-Q With Final Results for the First Quarter of Fiscal 2012
 
WALTHAM, Mass.--(BUSINESS WIRE)--Dec. 12, 2011-- ModusLink Global Solutions™, Inc. (NASDAQ: MLNK) today announced that it has filed its Form 10-Q for its first quarter of fiscal 2012 ended October 31, 2011 with the Securities and Exchange Commission. The Form 10-Q includes revisions to the financial results announced on December 5, 2011 through the Company’s press release and investor conference call to reflect an increase in certain i... More >>
ModusLink Sends Letter To Stockholders
 
Urges Stockholders to Support the Company’s Strategy and Vote the WHITE Proxy Card Today to Elect ModusLink’s Highly Qualified Nominees WALTHAM, Mass.--(BUSINESS WIRE)--Dec. 7, 2011-- ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), today announced that it is mailing a letter to stockholders in connection with the Company’s Annual Meeting of Stockholders. Stockholders of record at the close of business on December 1, 2011 will be e... More >>
Moduslink Global Solutions Reports Financial Results for First Quarter of Fiscal 2012
 
Announces significant improvement in profitability WALTHAM, Mass.--(BUSINESS WIRE)--Dec. 5, 2011-- ModusLink Global Solutions™, Inc. (NASDAQ: MLNK) today reported financial results for its first quarter of fiscal year 2012 ended October 31, 2011. Financial Summary Net revenue of $206.2 million, compared to $236.4 million in the first quarter of fiscal 2011 Gross margin as a percentag... More >>
ModusLink appoints Thomas Nightingale President, Sales and Marketing
 
Supply chain and logistics industry veteran brings proven track record of driving revenue growth and marketing excellence in US and international markets WALTHAM, Mass., Dec 05, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), which designs and executes value chain strategies for the world's largest technology and consumer goods companies, today announced that Thomas Nightingale has been appointed President, Sales and Marketing, effective December 15, 2011. Nightin... More >>
ModusLink highlights social and environmental leadership in webinar with IBM
 
IBM executive to share advice on implementing sustainable supply chain strategies WALTHAM, Mass. — November 30, 2011 — Joseph C. Lawler, president and chief executive officer of ModusLink Global Solutions™, Inc. (NASDAQ:MLNK) will be moderating “Social and Environmental Leadership Across the Supply Chain”, a webinar designed to educate industry professionals on the importance of supply chain sustainability. The event, which is part of ModusLink’s Value Chain Exchange webinar series... More >>
ModusLink Strengthens Its Global E-Business Payment Solution
 
Company focused on expanding payment service options to improve clients’ ability to effectively sell products online and across borders WALTHAM, Mass.--(BUSINESS WIRE)--Nov. 30, 2011-- ModusLink Global Solutions™, Inc. (NASDAQ: MLNK), which designs and executes value chain strategies for the world’s largest technology and consumer goods companies, today announced new and expanded payment service relationships with Citibank Japan, Alipa... More >>
ModusLink Global Solutions to Report Fiscal Year 2012 First Quarter Financial Results
 
WALTHAM, Mass--(BUSINESS WIRE)--Nov. 28, 2011-- ModusLink Global Solutions™, Inc. (NASDAQ: MLNK) will release financial results for the first quarter of fiscal year 2012 on Monday, December 5, 2011 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 will be open to all inte... More >>
ModusLink to Review Strategic Alternatives to Enhance Stockholder Value
 
Company Announces Governance Change WALTHAM, Mass.--(BUSINESS WIRE)--Nov. 16, 2011-- ModusLink Global SolutionsTM, Inc. (NASDAQ: MLNK) today announced that its Board of Directors has unanimously decided to explore strategic alternatives aimed at enhancing stockholder value. While the Company maintains a positive outlook for its performance as a stand-alone entity, ModusLink’s Board of Directors has retained Goldman, Sachs & Co. as its financial advisor to undertake a comprehensive and thorough... More >>
ModusLink wins Supply & Demand Chain Executive Green Supply Chain Award for third consecutive year
 
Company honored for helping clients achieve results in sustainability through value chain optimization WALTHAM, Mass., Nov 09, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), which designs and executes value chain strategies for the world's largest technology and consumer goods companies, has been named a winner of the Supply & Demand Chain Executive 2011 Green Supply Chain Awards. This is the third consecutive year ModusLink has been honored for its efforts to he... More >>
ModusLink Schedules 2011 Annual Meeting of Stockholders
 
WALTHAM, Mass., Nov 03, 2011 (BUSINESS WIRE) -- ModusLink Global SolutionsTM, Inc. (NASDAQ: MLNK) today announced that the Company's Annual Meeting of Stockholders (the "Annual Meeting") has been scheduled for Friday, January 20, 2012. ModusLink stockholders of record at the close of business on Thursday, December 1, 2011, will be entitled to receive notice and to vote at this year's Annual Meeting. Further details regarding the meeting will be included in the 2011 definitive proxy statement, ... More >>
ModusLink Grants Handy & Harman Exemption to Tax Benefit Preservation Plan
 
WALTHAM, Mass., Oct 27, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM),Inc. (NASDAQ: MLNK), today announced that its Board of Directors has determined to grant Handy & Harman Ltd. (NASDAQ: HNH) together with BNS Holding, Inc. and Steel Partners, Ltd. (the "HNH Group") an exemption to the Company's tax benefit preservation plan ("the plan"), pursuant to Section 28 of the plan. This exemption allows the HNH Group, which currently owns approximately 10% of ModusLink's outstanding shares, to... More >>
ModusLink Comments on Preliminary Proxy Announcement by Peerless Systems Corporation
 
WALTHAM, Mass., Oct 25, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM),Inc. (NASDAQ: MLNK), today commented on the announcement by Peerless Systems Corporation (NASDAQ: PRLS) ("Peerless") regarding Peerless' preliminary proxy statement. ModusLink issued the following statement: ModusLink recommends that stockholders defer making any determination with respect to the announcement by Peerless, a ModusLink stockholder for less than three months, until they have been advised of the Board... More >>
ModusLink Adopts Tax Benefit Preservation Plan
 
WALTHAM, Mass., Oct 18, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK) announced today that its Board of Directors has adopted a tax benefit preservation plan to help preserve the value of its net operating losses and other deferred tax benefits. As of October 18, 2011, ModusLink had cumulative net operating loss carryforwards of approximately $2.0 billion, which can be utilized in certain circumstances to offset future U.S. taxable income. The tax benefit preserva... More >>
ModusLink Comments on Announcement by Peerless Systems
 
WALTHAM, Mass., Sep 29, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM), Inc. (NASDAQ:MLNK) today confirmed receipt of a notice from Peerless Systems Corporation (NASDAQ:PRLS) ("Peerless") that it intends to nominate two director candidates for election to the ModusLink Board of Directors at the Company's 2011 Annual Meeting of Stockholders. According to the notice, Peerless owns approximately 1.62% of the outstanding shares of ModusLink. The date of the Company's 2011 Annual Meeting of S... More >>
ModusLink Global Solutions Reports 2011 Fourth Quarter and Fiscal Year Financial Results
 
Company announces acceleration of investing and cost reduction plan Announces favorable tax treatment of March 2011 special dividend WALTHAM, Mass., Sep 27, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK) today reported financial results for its 2011 fourth quarter and fiscal year ended July 31, 2011. Fourth Quarter Financial Summary Net revenue of $198.8 million compared with $228.1 million in the fourth quarter of fiscal 2010 Gross margin as a percentag... More >>
ModusLink Global Solutions to Report 2011 Fourth Quarter and Fiscal Year Financial Results
 
WALTHAM, Mass., Sep 20, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK) will release financial results for its 2011 fourth quarter and fiscal year on Tuesday, September 27, 2011 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 will be open to all interested parties and will be hosted by Chairman, Pres... More >>
ModusLink and extrameasures partner to deliver holistic customer loyalty programs
 
Joint offering strengthens the customer experience and promotes brand loyalty WALTHAM, Mass., Sep 19, 2011 (BUSINESS WIRE) -- ModusLinkGlobal Solutions(TM), Inc. (NASDAQ: MLNK), a leader in executing value chain strategies, has forged a partnership with extrameasures to provide retailers and brand owners with a turnkey customer loyalty solution. Together, ModusLink and extrameasures, a full-service promotions and incentive company, will execute the processing, financial management, fraud moni... More >>
ModusLink appoints Scott R. Crawley President, Integrated Services
 
WALTHAM, Mass., Sep 07, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), which designs and executes value chain strategies for the world's largest technology and consumer goods companies, today announced that it has appointed Scott R. Crawley President, Integrated Services effective immediately. This newly created position will focus on the development of ModusLink's e-Business and aftermarket solutions and include the integration of services to provide unique solutio... More >>
ModusLink named to SupplyChainBrain's 100 Great Supply Chain Partners list for 2011
 
ModusLink honored for managing supply chain operations for Provo Craft WALTHAM, Mass., Aug 03, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), which designs and executes value chain strategies for the world's largest technology and consumer goods companies, has been named as one of SupplyChainBrain's Ninth Annual 100 Great Supply Chain Partners. This award recognizes ModusLink's commitment to helping its clients, like Provo Craft, execute supply chains that are de... More >>
ModusLink Global Solutions Reports Financial Results for Third Quarter of Fiscal 2011
 
WALTHAM, Mass., Jun 07, 2011 (BUSINESS WIRE) --ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK) today reported financial results for its third quarter of fiscal year 2011 ended April 30, 2011. Financial Summary Net revenue of $207.1 million, a decrease of 3.1% compared to the third quarter of fiscal 2010 Gross margin as a percentage of revenue of 9.8% compared to 11.5% in the third quarter of fiscal 2010 ... More >>
ModusLink Global Solutions to Report Fiscal Year 2011 Third Quarter Financial Results
 
WALTHAM, Mass., May 31, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK) will release financial results for the third quarter of fiscal year 2011 on Tuesday, June 7, 2011 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 will be open to all interested parties and will be hosted by Chairman, President an... More >>
ModusLink highlights the value of outsourcing in a webinar with Provo Craft and SupplyChainBrain
 
Outsourcing can result in significant cost savings, process efficiencies and a more effective and dynamic value chain WALTHAM, Mass. — May 11, 2011 — Bill McLennan, president of global operations for ModusLink Global Solutions™, Inc. (NASDAQ:MLNK), will illustrate the benefits of outsourcing supply chain processes in a Value Chain Exchange Webinar: The Value of Outsourcing on May 12, 2011. ModusLink, provider of supply chain management, aftermarket and e-Business solutions, helped its client Pr... More >>
ModusLink Honored for Client Service by Supply & Demand Chain Executive
 
ModusLink featured for third consecutive year on Supply & Demand Chain Executive 100 listing WALTHAM, Mass., May 04, 2011 (BUSINESS WIRE) -- For the third consecutive year, ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), has been named to the 2011 Supply & Demand Chain Executive 100 for helping design and execute value chain strategies for the world's leading technology and consumer brands. This year's award theme, "100 Great Supply Chain Projects," recognizes the work ModusLink ... More >>
ModusLink Announces Special Cash Dividend of $40 Million
 
Company Has Returned More Than $96 Million to Stockholders Since Fiscal 2008 WALTHAM, Mass., Mar 07, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK) today announced that its Board of Directors has approved a one-time payment to stockholders through a special dividend in order to return value to ModusLink stockholders. The special cash dividend of $40 million in aggregate, or $0.9134 per share, will be funded by cash on the Company's balance sheet. At January 31, ... More >>
ModusLink Global Solutions Reports Financial Results for Second Quarter of Fiscal 2011
 
WALTHAM, Mass., Mar 07, 2011 (BUSINESS WIRE) --ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK) today reported financial results for its second quarter of fiscal year 2011 ended January 31, 2011. Financial Summary Net revenue of $234.2 million, relatively flat compared to the second quarter of fiscal 2010 Revenue from new programs of $29.0 million, an increase of 71.0% from the second quarter of 2010 ... More >>
ModusLink Global Solutions to Report Fiscal Year 2011 Second Quarter Financial Results
 
WALTHAM, Mass., Feb 28, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK) will release financial results for the second quarter of fiscal year 2011 on Monday, March 7, 2011 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 will be open to all interested parties and will be hosted by Chairman, President a... More >>
ModusLink's Bill McLennan is a 2011 "Pro to Know"
 
ModusLink team member is honored for valuable contributions to supply chain management for fourth consecutive year WALTHAM, Mass., Feb 02, 2011 (BUSINESS WIRE) -- ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), which designs and executes value chain strategies for the world's largest technology and consumer goods companies, today announced Bill McLennan, President of Global Operations, is a 2011 Pro to Know. McLennan joins ModusLink's Ryan Humphrey, Christie Eykelkamp and Lorcan Sheehan ... More >>
ModusLink Enables Global Technology Companies to Outperform Competitors' Value Chain Operations
 
WALTHAM, Mass., Jan 05, 2011 (BUSINESS WIRE) -- A majority of companies recognized by Gartner, Inc. in its "2010 AMR Supply Chain Top 25: High-Tech" are ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK) clients, which ModusLink believes demonstrates its unique ability to design and execute high-performing value chains. The research firm commended some of the world's most well-known technology companies for their ability to adjust and maximize their value chain operations to thrive in the diffi... More >>