Toshiba chooses ModusLink as its partner for European retail product fulfillment 

WALTHAM, Mass. — December 19, 2007 — ModusLink® Corporation, a subsidiary of CMGI®, 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 Configuration Solution, in this case leveraging its Brno Solution Center in the Czech Republic to efficiently and cost effectively finalize configuration of five different base components into hundreds of different finished goods to meet specific customer demand with less inventory cost and risk.

Toshiba also has tapped ModusLink’s retail fulfillment expertise to reduce the cost, complexity and lead time of direct shipment to distributors throughout Europe.

“We chose to partner with ModusLink given its expertise and ability to deliver proven results in managing the supply chain for storage and consumer electronics products from some of the world’s biggest brands,” said Ryoichi Shikama, president of Toshiba Electronics Europe. “It is a defining time for Toshiba as we continue to make strides and build market share for our leading products. As customer demand grows, it is essential that we drive the highest levels of efficiency in our supply chain to ensure the satisfaction of our customers and we feel confident that ModusLink is the right partner to help us achieve our goals, while keeping costs down.”

The full scope of services to be rendered include sourcing and supply base management, optimized configuration, packaging design and light manufacturing, with services delivered in a phased approach.  

“We are thrilled that Toshiba has chosen ModusLink as its supply chain partner in Europe,” said Joseph C. Lawler, chairman, president and chief executive officer of CMGI. “In today’s competitive, high-tech market, supply chain flexibility and cost effectiveness are critical for ensuring customer retention and driving profitability. We are committed to our role in helping Toshiba drive increased productivity throughout its supply chain.”

About Toshiba Electronics Europe
Toshiba Electronics Europe (TEE) is the European Headquarters for the electronic components business of Toshiba Corporation, which is the world's fourth largest semiconductor vendor according to estimates by Dataquest.

Providing design, manufacturing, marketing and sales, TEE was formed in 1973 in Neuss, Germany. The company now has headquarters in Düsseldorf, Germany and subsidiaries in France, Italy, Spain, Sweden and the United Kingdom. Company president is Mr. Shikama and the total number of personnel in Europeis around 400.

Toshiba Electronics Europe offers one of the industry's broadest IC and discrete product lines including high-end memory, microcontrollers, ASICs, ASSPs and display products for automotive, multimedia, consumer, telecoms and networking applications. The company also has a wide range of power semiconductor solutions.

For more company information visit Toshiba's web site at www.toshiba-components.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.