ModusLink 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 Solution, the first solution to be unveiled in a series of regionally optimized Gateway to Market Solutions designed to help technology manufacturers rapidly establish a high-performing supply chain infrastructure in key geographic markets, with minimal capital investment and risk.  Whether clients are preparing to enter into the European market, for the first time, or are interested in improving existing supply chain operations, ModusLink’s Gateway to Europe Solution provides a fully optimized, ready-made supply chain network capable of reaching customers throughout Europe with the highest levels of efficiency and profitability. 

The Gateway to Europe Solution is a complete, end-to-end supply chain offering that combines ModusLink’s proven local and global market knowledge, integrated operations and extensive global footprint, with a complete range of regionally optimized, integrated services.  With Gateway to Europe, technology companies can reduce the complexities of European supply chain management—from meeting the needs of customers in multiple countries with multiple language requirements, to effectively managing variable regulatory compliance, VAT taxation, sourcing constraints and customs clearance.

ModusLink was recently named the sole European supply chain provider for Macpower & Tytech Technology Co., Ltd., an organization that specializes in the design, research and development, marketing and manufacture of a wide range of consumer products.  Macpower is leveraging the Gateway to Europe Solution to extend and enhance its supply chain operations to better serve its European customers.  Macpower was experiencing strong demand in the market and needed a solution to increase efficiency and productivity in its supply chain.

“The Gateway to Europe Solution was a perfect fit for our needs given the rapid growth we were experiencing,” said Tommy Chen, managing director for Macpower.  “We have been witnessing strong demand in the European market and needed to quickly and cost-effectively increase the efficiency and productivity of our supply chain operations in that region to meet the growing demand.  ModusLink’s extensive local and global market knowledge, combined with its innovative solutions and process capabilities was exactly what we needed to address the challenges we were facing.”

The Gateway to Europe Solution is a bundled offering that enables clients to leverage a complete range of core, end-to-end services, including:

• sourcing and supply-base management (with optional vendor-managed inventory);
• materials and content management;
• light manufacturing and optimized configuration;
• fulfillment and e-Business; and
• complete aftermarket services (including returns management and asset disposition).

“With the launch of this latest solution, ModusLink is again proving its leadership in delivering innovation to the supply chain outsource market,” said Scott D. Smith, president, sales and marketing, for ModusLink.  “Entering a new geography is extremely time and process intensive.  By offering clients a solution that alleviates the pressures and complexities of market immersion, combined with the security of working with a trusted partner, we enable them to focus on the other key deliverables critical to their business for greater supply chain competitive advantage.”

ModusLink anticipates that additional Gateway to Market Solutions will be forthcoming and will focus on the delivery of regionally optimized solutions for key economic regions throughout the world.

About Macpower & Tytech Technology Co., Ltd.
Founded in 1992, Macpower & Tytech Technology Company Limited specializes in the design, development, marketing and manufacture of consumer products. Our products include Multi media devices, Smart Storage solutions, Digital content products and Software development.  Macpower & Tytech also provides highly sought-after contract manufacturing services in China.  With headquarters and R&D in Taiwan and state-of-the-art manufacturing facilities in mainland China, Macpower & Tytech has approximately 500 employees including 25 R&D professionals in R&D centers.  For more information, see www.macpower.com.

About ModusLink
ModusLink Corporation is a leading provider of global, end-to-end supply chain management solutions. The company provides technology clients in the software, computing, consumer electronics, storage and communications markets with customized supply chain solutions that improve time-to-market, productivity and customer satisfaction while reducing risk and cost.  ModusLink's services include consulting and planning, sourcing and supply base management, manufacturing and product configuration, fulfillment, logistics management, e-commerce and the complete range of aftermarket services.  ModusLink has 34 facilities in 13 countries, creating the largest global footprint in the industry.  With headquarters in Waltham, Massachusetts, the company is a subsidiary of CMGI, Inc. (NASDAQ: CMGI). For additional information, visit www.moduslink.com.

About CMGI
CMGI, Inc. (NASDAQ: CMGI), through its subsidiary ModusLink, provides industry-leading global supply chain management services and solutions that help businesses market, sell and distribute their products around the world.  In addition, CMGI’s venture capital business, @Ventures, invests in a variety of technology ventures.  For additional information, visit www.cmgi.com.