Cited for Having the Largest One Year Revenue Growth from 2004 to 2005
WALTHAM, Mass.--CMGI, Inc. (Nasdaq: CMGI) announced today that it has been recognized by the Boston Business Journal (BBJ) as one of Massachusetts’ fastest-growing public companies in a segment which ranked the area’s public companies by revenue growth from 2003 to 2005. The segment also called out CMGI as the company with the biggest one year revenue percentage growth, citing its revenue increase of 169% from 2004 to 2005.
Through ModusLink, a CMGI subsidiary focused on delivering end-to-end global supply chain management solutions, CMGI has solidified its position as a leader in the supply chain services industry over the past few years.
“We are pleased to be recognized by the BBJ again this year,” said Joseph C. Lawler, Chairman, President and Chief Executive Officer of CMGI. “CMGI has made significant progress executing against its strategic initiatives and continues to shape the future of supply chain management with its award-winning services, world-class IT infrastructure and efficient operating expertise.”
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, see www.cmgi.com.
About @Ventures
@Ventures, CMGI's affiliated venture capital group, invests in early-stage and mid-stage technology companies. Formed in 1995, @Ventures has invested in more than 70 Internet, software, IT companies and clean energy technologies. For additional information, see www.ventures.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. With 41 facilities in 13 countries, ModusLink has the largest global footprint in its industry. The company is headquartered in Waltham, Massachusetts and is a subsidiary of CMGI, Inc. (Nasdaq: CMGI). For additional information, see www.moduslink.com.
