ModusLink Global Solutions` leadership in sustainability recognized by Supply & Demand Chain Executive

Wed Nov 4, 2009 8:18am EST
 
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ModusLink named winner of the 2009 Green Supply Chain Award
WALTHAM, Mass.--(Business Wire)--
ModusLink Global Solutions™, Inc. (NASDAQ: MLNK), a leader in global supply
chain business process management, has won Supply & Demand Chain Executive`s
2009 Green Supply Chain Award. This year`s award aimed to recognize
organizations that are taking steps to implement proven sustainable business
processes. More than 75 organizations applied for the award and ModusLink was
selected based on its leadership in reducing the impact of global supply chain
processes on the environment. 

While not a new concept, sustainability is fast becoming a standard expectation
of consumers, forcing manufacturers to seek viable, repeatable ways to improve
their sustainability profile. Although conventional wisdom dictates that
sustainability will increase costs, organizations are realizing that sustainable
best practices can frequently result in increased cost savings. 

"Our clients are turning to us to help them reduce both costs as well as the
environmental impact of their supply chain processes," said Lorcan Sheehan,
senior vice president of marketing, ModusLink. "Most consumer product OEMs want
to be socially responsible. ModusLink`s in-depth understanding of our clients`
business processes and sustainable best practices allows us to work with them to
identify and implement practical steps to realize their sustainability and cost
objectives." 

ModusLink`s Sustainable Solutions Suite is designed to help supply chain
practitioners minimize the environmental impact of their supply chain processes
and reduce total supply chain costs. The Company evaluates an organization`s
carbon footprint and offers a solution set to reduce Green House Gas (GHG)
emissions, reduce the use of plastics, increase the use of recyclable materials
and minimize the amount of product and components sent to landfills. Through its
work with the world`s leading technology brands, ModusLink has developed
sustainable packaging solutions that are designed eliminate 4,085 metric tons of
greenhouse gas emissions from the environment every year; or a savings of 8,254
barrels of oil. 

For additional information about ModusLink`s Sustainable Suite of Solutions,
please visit http://www.moduslink.com/supplychain/sustainablesolutionssuite.cfm.


About Supply & Demand Chain Executive

Supply & Demand Chain Executive is the executive's user manual for successful
supply and demand chain transformation, utilizing hard-hitting analysis,
viewpoints and unbiased case studies to steer executives and supply management
professionals through the complicated, yet critical, world of supply and demand
chain enablement to gain competitive advantage. On the Web at www.SDCExec.com. 

About ModusLink Global Solutions

ModusLink Global Solutions, Inc. is a leader in global supply chain business
process management. The Company executes critical processes for clients in the
consumer electronics, high technology and communications industries to provide
competitive differentiation and enable new channel and new market opportunities.
An integrated portfolio of supply chain business process outsourcing and
technology solutions span four core competencies: supply chain, aftermarket,
e-Business and entitlement management. ModusLink Global Solutions has
headquarters in Waltham, Massachusetts and more than 30 facilities in 14
countries - giving it the largest global footprint in the industry. For
additional information, visit www.moduslink.com. 

ModusLink Global Solutions is a trademark of ModusLink Global Solutions, Inc.All
other company names and products are trademarks or registered trademarks of
their respective companies.

This release contains forward-looking statements, which address a variety of
subjects including, for example, the expected benefits of the Sustainable
Solutions Suite. The following important factors and uncertainties, among
others, could cause actual results to differ materially from those described in
these forward-looking statements: The Company`s success depends on its ability
to execute on its business strategy and the continued and increased demand for
and market acceptance of its solutions and services, including the Sustainable
Solutions Suite; the Company may not be able to expand its operations and
capabilities in accordance with its business strategy; the Company may
experience difficulties integrating technologies, operations and personnel in
accordance with its business strategy; the Company derives a significant portion
of its revenue from a small number of customers and the loss of any of those
customers would significantly damage its financial condition and results of
operations; the Company frequently sells to its supply chain management clients
on a purchase order basis rather than pursuant to contracts with minimum
purchase requirements, and therefore its revenue is subject to demand
variability; increased competition and technological changes in the markets in
which the Company competes; and risks associated with international operations.
The occurrence of any of the foregoing factors may have an adverse effect on the
Company`s results of operations and financial results.For a detailed discussion
of cautionary statements that may affect the Company`s future results of
operations and financial results, please refer to its filings with the
Securities and Exchange Commission, including its most recent Annual Report on
Form 10-K and Quarterly Report on Form 10-Q. Forward-looking statements
represent management's current expectations and are inherently uncertain. We do
not undertake any obligation to update forward-looking statements made by us.

ModusLink Global Solutions, Inc.
Media:
Farrah Phillipo, 781-663-5096
PR/Communications Manager
farrah_phillipo@moduslink.com
or
SHIFT Communications
Maura Landry, 617-779-1829
mlandry@shiftcomm.com
or
Investors-Financial:
Bob Joyce, 781-663-5120
Director, Investor Relations
ir@moduslink.com



Copyright Business Wire 2009

 

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