ModusLink Names Nick Foy Director of Operations

Former Amazon Employee Joins ModusLink to Help Clients Maximize Shipping and Delivery Operations

WALTHAM, Mass.--(BUSINESS WIRE)-- ModusLink Corporation, a wholly owned subsidiary of ModusLink Global Solutions™ Inc. (NASDAQ: MLNK), a global, omni-channel technology and fulfillment provider, today announced that Nick Foy joined the company as director of operations, process strategy and implementation. In this position, Foy will lead global process excellence, the development and roll-out of e-fulfillment capabilities and the implementation of Lean concepts within operations worldwide.

Previously, Foy was the Senior Manager of Innovation and Customer Experience for Amazon. While there, he worked with the strategy and implementation processes for the group, helping to create new delivery services for ultra-fast delivery (Amazon Prime Now), new ground-breaking delivery service solutions for same-day delivery and trialed prototypes for grocery delivery, which helped Amazon reduce cost per delivery.

“In addition to his success at Amazon, Nick brings an extensive background in strategic operations management, supply chain planning, internet retail and physical logistics, making him an excellent fit for the role,” said John Boucher, CEO of ModusLink. “We are thrilled to have him on board.”

Foy also held various marketing and operational positions at Amazon, Capgemini Consulting, 3663 First for Foodservice and the Glenmorangie Distillery Company.

“Proper logistics management is a critical part of business success in today’s world,” added Foy. “Now more than ever companies need the global reach and full service, end-to-end offerings that ModusLink is known for. I’m excited to help clients make ModusLink’s strengths become their strengths as well.”

About ModusLink Global Solutions Inc.

ModusLink 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 25 sites across North America, Europe and the Asia/Pacific region. For more information, please visit www.moduslink.com and www.valueunchained.com, the blog for supply chain professionals.

This release contains forward-looking statements regarding ModusLink’s efforts to help clients maximize their shipping and delivery operations. 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 depends on its ability to execute on its business strategy and the continued and increased demand for and market acceptance of its solutions and services; there is increased competition and technological changes in the markets in which ModusLink competes; and there are certain inherent risks associated with providing services internationally. For a detailed discussion of cautionary statements that may affect ModusLink's future results of operations and financial results, please refer to its filings with the Securities and Exchange Commission, including its most recent Quarterly Report 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.

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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150715005150/en/

For ModusLink Corporation
Tarelle Tolson, +1 617-986-5028
[email protected]

Source: ModusLink Corporation

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