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CMGI Named in the "Globe 100" List of Top Performing Companies for Second Consecutive Year.


WALTHAM, Mass. -- CMGI, Inc. (NASDAQ:CMGI), which provides industry-leading global supply chain management services and solutions through its subsidiary, ModusLink Corporation, today announced that it has been named to the "Globe 100" list of top performing public companies in Massachusetts, announced by The Boston Globe this week.

Based on a composite score derived from financial data for the four quarters ending December 31, 2006, CMGI was ranked 32nd, up from 62ndlast year, among Massachusetts-based companies whose stock is publicly traded on NASDAQ, New York Stock Exchange or American Stock Exchange. It is the second consecutive year that CMGI has been included in the Globe 100.

"The companies in the Globe 100 have distinguished themselves in not only their respective fields but among other Massachusetts businesses," said Globe business editor Shirley Leung. "This year's Globe 100 highlights the broad spectrum of both old and new Massachusetts companies."

To qualify for the Globe 100, a company must have been public for the entire 2006 calendar year and have reported a positive net income for both 2005 and 2006.

"In 2006, our continued execution of key strategic initiatives contributed to CMGI's improved financial performance and we are pleased to be recognized in the 'Globe 100'," said Joseph C. Lawler, Chairman, President and Chief Executive Officer of CMGI.

"Looking forward, we will remain focused on aggressively implementing our ongoing strategies including pursuing revenue opportunities in our key vertical markets, increasing our value proposition with new and innovative supply chain solutions and increasing global operational efficiencies," continued Lawler.

The Globe 100, now in its 19th year, ranks Massachusetts-based public companies based on financial data from the four quarters ending closest to December 31, 2006, and for corresponding quarters a year earlier.

About the Boston Globe

The Boston Globe is wholly owned by The New York Times Company (NYSE: NYT), a leading media company with 2006 revenues of $3.3 billion, including The New York Times, the International Herald Tribune, The Boston Globe, 15 other daily newspapers, WQXR-FM and more than 30 Web sites, including NYTimes.com, Boston.com and About.com. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.

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.

This release contains forward-looking statements, which address a variety of subjects including, for example, CMGI's prospects and further execution of its strategies. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: CMGI's success depends on its ability to execute on its business strategy and the continued and increased demand for and market acceptance of its products and services; CMGI may not be able to expand its operations in accordance with its business strategy; CMGI may experience difficulties integrating technologies, operations and personnel in accordance with its business strategy; CMGI 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; and increased competition and technological changes in the markets in which CMGI competes. For a detailed discussion of cautionary statements that may affect CMGI's future results of operations and financial results, please refer to CMGI's filings with the Securities and Exchange Commission, including CMGI's 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.
COPYRIGHT 2007 Business Wire
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Copyright 2007 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:May 24, 2007
Words:629
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