Eleven of the 15 organizations named in AMR Research’s 2009 Supply
Chain Top 25: High-Tech rely on ModusLink to execute critical processes
in their global supply chains
WALTHAM, Mass.--(BUSINESS WIRE)--Sep. 24, 2009--
Eleven out of 15 companies recognized by AMR Research in its 2009 Supply
Chain Top 25: High-Tech are ModusLink Global Solutions™, Inc. (NASDAQ:
MLNK) clients, demonstrating that ModusLink is an invaluable supply
chain provider for companies in the technology industry. While a tight
economy impacts organizations across all industries, the technology
sector is faced with specific product and marketing challenges that
elevate supply chain efficiency and effectiveness to mission critical
for long-term viability. The organizations chosen for the 2009 Supply
Chain Top 25: High-Tech are the 15 top-performing supply chains specific
to the technology industry that were reviewed for the
non-industry-specific AMR Research 2009 Supply Chain Top 25. Ten of the
15 technology organizations included in the 2009 High Tech list were
also listed in the original 2009 Supply Chain Top 25.
“For these high-tech companies, competition is fierce and product
lifecycles short,” said C.J. Wehlage and Debra Hofman, AMR Research. “A
weapon to win customers, gain market share, and maximize margin, supply
chain excellence is valued and critical. In a span of six months, a
high-tech supply chain practitioner will experience a strategic network
design, new product ramp, steady supply chain management (SCM)
complexities, and end-of-life challenges. With this cycle repeating
across multiple products, the industry innovates and refines supply
chain practices. Their ability to survive is why so many high-tech
companies are in the Supply Chain Top 25.”
Organizations named to the 2009 Supply Chain Top 25: High-Tech are
judged on both financial metrics as well as peer panel opinion, with
financial indicators accounting for 60 percent of the total score and
opinion 40 percent.
“Clients turn to ModusLink to eliminate cost and increase efficiency in
their supply chains,” said Joseph C. Lawler, chairman, president and chief executive officer for ModusLink Global Solutions.
“Our focus on the technology industry, combined with our global
footprint, deep expertise and history in the space, allows us to
continually fine tune operations to position our clients to strongly
compete in the marketplace.”
ModusLink provides a complete range of supply chain business process
management services. Its four core competencies include supply chain,
e-Business, aftermarket and entitlement management. ModusLink solutions
are an integrated extension of its clients’ multichannel, global supply
chains aimed at improving global operating efficiency and time to
market, while reducing cost.
More information about The AMR Research Supply Chain Top 25 can be found
here: http://www.amrresearch.com/SupplyChainTop25/default.aspx.
To view the Supply Chain Top 25: High Tech report, go to http://www.moduslink.com/Resource_Center/upload/AMR-Top-Hi-Tech.pdf.
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 25 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
business relationship between ModusLink Global Solutions (including its
subsidiaries) and its customers. The following important factors and
uncertainties, among others, could cause actual results to differ
materially from those described in these forward-looking statements: We
are not designated as the sole supplier of services for most of the
customers referenced in this press release; We frequently sell to our
supply chain management clients, including some clients referenced in
this press release, on a purchase order basis and therefore our sales
are subject to demand variability; and We derive a significant portion
of our revenue from a small number of customers and the loss of any of
those customers would significantly damage our financial condition and
results of operation. For a detailed discussion of cautionary statements
that may affect ModusLink Global Solutions’ future results of operations
and financial results, please refer to our filings with the Securities
and Exchange Commission, including our 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.
Source: ModusLink Global Solutions, Inc.
ModusLink Global Solutions, Inc.
Investors-Financial:
Bob
Joyce, 781-663-5120
Investor Relations Director
ir@moduslink.com
or
Media:
Farrah
Phillipo, 781-663-5096
PR/Communications Manager
farrah_phillipo@moduslink.com
or
SHIFT
Communications
Maura Landry, 617-779-1829
mlandry@shiftcomm.com
