ModusLink, the ModusLink logo, ModusLink Global Solutions, and Poetic are trademarks of ModusLink Corporation. All other company names and product names may be trademarks of their respective owners.About Business Intelligence Group www.bintelligence.com The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.
ModusLink Corporation, a wholly owned subsidiary of ModusLink Global Solutions Inc. (NASDAQ: MLNK), a global, omni-channel technology and fulfillment provider, today announced it has been named a winner in the 2016 BIG Awards for Business, presented by the Business Intelligence Group, for its Poetic® Service Cloud Solution that helps organizations bridge the gap between connected devices and revenue potential. The solution was selected as a New Product of the Year, an award reserved for products making a significant industry impact within their first twelve months on the market. The 2016 BIG Awards for Business recognizes outstanding organizations and individuals who are innovating the way their companies and customers do business. This year's winners were chosen by a select group of business leaders who reviewed nominations from across the globe, spanning multiple industries. "Modern companies are now relying on their customers for inspiration and direction to improve and launch new products. We are so proud of all of the winners this year. It is truly a select group," said Russ Fordyce, Managing Director of the Business Intelligence Group. ModusLink's Poetic® Service Cloud is a fully-integrated, customizable solution for companies to utilize the benefits of IoT connectivity by connecting their smart devices to the cloud to collect service and usage data that can then be used to improve customer or B2B services. Among key features are auto-replenishment, integrated device repairs and returns, and service monitoring and maintenance. The result is more efficient processes and exceptional customer service, both of which improve a company's bottom line. "As the IoT continues to be a focal point for many organizations as they look to leverage this new technology, it is exciting to see ModusLink's Poetic ® Service Cloud Solution gain such positive recognition," said Neil Hampshire, Chief Information Officer of ModusLink. "Being recognized for these efforts by the Business Intelligence Group is a testament to the hard work that our amazing team here at ModusLink has put in to develop this solution for our customers in order to provide them with one of the most advanced innovations in the supply chain industry." For more information about the BIG Awards for Business, please visit http://www.bintelligence.com/big-awards-for-business/. For more information on ModusLink's Poetic ® Service Cloud Solution, please visit https://www.moduslink.com/solutions/iot-services/. About ModusLink Global SolutionsModusLink Corporation, a wholly owned subsidiary of ModusLink Global Solutions Inc. (NASDAQ: MLNK), is a global, omni-channel technology and fulfillment provider that gives clients real-time visibility into their end-to-end supply and demand chain operations, with expertise and facilities worldwide to manage forward and reverse logistics. The company's operations are supported by more than 20 sites across North America, Europe and the Asia/Pacific region. For more information, please visit www.moduslink.com and http://www.moduslink.com/blog/, the blog for supply chain professionals. This release contains forward-looking statements, which address a variety of subjects including, for example statements regarding Poetic IoT solutions. All statements other than statements of historical fact are forward-looking statements. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: ModusLink's success, including its ability to reach its revenue, sales and profitability goals depends on its ability to execute on its business strategy as well as the continued and increased demand for and market acceptance of its services; global economic conditions, especially in the technology sector are uncertain and subject to volatility; demand for ModusLink's clients' products may decline or may not achieve the levels anticipated by ModusLink's clients; and increased competition and technological changes in the markets in which ModusLink competes. For a detailed discussion of cautionary statements that may affect ModusLink's future results of operations and financial results, please refer to ModusLink's filings with the Securities and Exchange Commission, including ModusLink's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Forward-looking statements represent management's current expectations and are inherently uncertain. ModusLink does not undertake any obligation to update forward-looking statements made by the company.