ModusLink Reminds Stockholders to Vote to Approve the Declassification of the Board of Directors at the Adjourned Annual

  ModusLink Reminds Stockholders to Vote to Approve the Declassification of
  the Board of Directors at the Adjourned Annual Stockholder Meeting Scheduled
  for January 15, 2014

Business Wire

WALTHAM, Mass. -- January 8, 2014

ModusLink Global Solutions™, Inc. (NASDAQ: MLNK) reminds stockholders that the
2013 Annual Meeting of Stockholders will reconvene on January 15, 2014 for the
purposes of voting on Proposal 2, the Declassification of the Board of

ModusLink Global Solutions, Inc. (the “Company”) held its 2013 Annual Meeting
of Stockholders (the “Annual Meeting”) on December 18, 2013. The proposals
considered at the Annual Meeting are described in detail in the Company’s
definitive proxy statement for the Annual Meeting as filed with the Securities
and Exchange Commission (the “SEC”) on October 29, 2013.

At the Annual Meeting, the Company’s stockholders voted on and approved the
following proposals found in the Proxy Statement: (i)Proposal No.1 elect
Anthony Bergamo as a Class II Director and (ii)Proposal No.3 to approve, on
an advisory basis, the compensation paid to the Company’s named executive
officers as reported in the Proxy Statement. The results of the voting on
these proposals are described in more detail in the Company’s Current Report
on Form 8-K filed with the SEC on December 18, 2013.

The Company adjourned the Annual Meeting to allow for additional time for
stockholders to vote on Proposal 2, amendment of the Company’s Restated
Certificate of Incorporation to declassify the Board of Directors. Proposal 2
would eliminate the classification of the Board and provide instead for the
annual election of Directors commencing with the Company’s 2014 annual meeting
of stockholders. Under the Company’s By-laws, this proposal requires the
affirmative vote of 75% of shares outstanding. Accordingly all stockholder
votes are very important.

The Company and its Board of Directors believe that the declassification of
the Board of Directors represents good corporate governance and is in the best
interests of the Company and its stockholders. The Company urges stockholders
to vote “FOR” Proposal No.2 at the adjourned Annual Meeting when it is
reconvened on January 15, 2014 at 9:00 a.m. at the offices of Olshan Frome
Wolosky LLP, located at 65 East 55th Street, New York, NY 10022.

Please vote your proxy today. If you need any assistance in voting, please
call our proxy solicitor, MacKenzie Partners, Inc., at (212)929-5500 or
toll-free at (800)322-2885 or via email at
Stockholders are urged to contact MacKenzie Partners today so they can assist
in processing stockholder votes on this very important matter.

This information is being provided to stockholders in addition to ModusLink’s
definitive proxy statement, filed with the Securities and Exchange Commission
(the “SEC”) on October29, 2013. Copies of ModusLink’s definitive proxy
statement and any other materials filed by the Company with the SEC can be
obtained free of charge at the SEC’s website at or from the
Company’s website at Please read the complete proxy
statement, the accompanying materials and any additional proxy soliciting
materials that ModusLink may file with the SEC carefully before you make a
voting decision as they contain important information. Only stockholders who
held the Company’s common stock as of the record date of October21, 2013 are
eligible to vote. ModusLink, its directors and certain of its executive
officers may be deemed to be participants in the solicitation of proxies from
stockholders. Detailed information regarding the identity of the potential
participants, and their direct or indirect interests, by security holdings or
otherwise, is set forth in ModusLink’s definitive proxy statement.

About ModusLink Global Solutions

ModusLink Global Solutions, Inc. (NASDAQ: MLNK) executes comprehensive supply
chain and logistics services that are designed to improve clients’ revenue,
cost, sustainability and customer experience objectives. ModusLink is a
trusted and integrated provider to the world’s leading companies in consumer
electronics, communications, computing, medical devices, software and retail.
The Company’s operating infrastructure annually supports more than $80 billion
of its clients’ revenue and manages approximately 451million product
shipments through more than 25 sites across North America, Europe, and the
Asia/Pacific region. For details on ModusLink’s flexible and scalable
solutions visit and, the blog for
supply chain professionals.

ModusLink Global Solutions is a registered 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. All statements other than statements of historical fact, including
without limitation, those with respect to the Company’s goals, plans,
expectations and strategies set forth herein 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: the Company’s ability to execute on its business
strategy, including its cost reduction plans and the continued and increased
demand for and market acceptance of its services, which could negatively
affect the Company’s ability to meet its revenue, operating income and cost
savings targets, maintain and improve its cash position, expand its operations
and revenue, lower its costs, improve its gross margins, reach and sustain
profitability, reach its long-term objectives and operate optimally;
uncertainties and volatility relating to global economic conditions,
especially in the technology sector; unanticipated declines in, or failure to
achieve the anticipated levels of, the demand for our clients’ products;
potential strains on managerial and operational resources resulting from
expanded operations; failure to realize expected benefits of restructuring and
cost-cutting actions; inability to expand operations in accordance with the
Company’s business strategy; insufficient cash balances that could prevent the
Company from meeting business or investment goals; difficulties integrating
technologies, operations and personnel in accordance with the Company’s
business strategy; customer losses; demand variability in supply chain
management clients, to which the Company sells on a purchase order basis
rather than pursuant to contracts with minimum purchase requirements; risks
inherent with conducting international operations; changes in tax rates in
jurisdictions where profits are determined to be earned and taxed; changes in
estimates of tax credits, benefits and deductions; unfavorable resolution of
issues arising from tax audits with various tax authorities, including payment
of interest and penalties and the ability to realize deferred tax assets;
adverse conditions in the mergers and acquisitions or IPO markets, which could
prevent liquidity for securities in the Company’s venture capital portfolio;
and increased competition and technological changes in the markets in which
the Company competes. For a detailed discussion of cautionary statements that
may affect the Company’s future results of operations and financial results,
please refer to the Company’s filings with the Securities and Exchange
Commission, including the Company’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. We do not
undertake any obligation to update forward-looking statements made by us.


ModusLink Global Solutions
Robert Joyce, 781-663-5120
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