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Technology Stocks : CMGI What is the latest news on this stock?

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To: HG who wrote (6108)3/16/1999 8:55:00 PM
From: M CAHILL  Read Replies (1) of 19700
 
SalesLink.com and Cisco Systems Sign Turnkey Fulfillment Contract
Charlestown, MA — March 15, 1999 — SalesLink.com, a national leader in fulfillment, turnkey and e-business solutions, and a majority owned subsidiary of CMGI, Inc. (NASDAQ: CMGI), has renewed its successful relationship with Cisco Systems to provide supply base management & turnkey programs for the networking equipment leader. SalesLink.com provides Cisco with accessory kit and software manufacturing services from its Newark, CA facility.

"SalesLink.com has served Cisco's supply base management needs for seven years. They have successfully scaled with our exponential growth and made the investments necessary to stay with, and often ahead of our needs. SalesLink.com has never lost sight of the quality that sets them apart from their competitors: flexibility," stated a key Cisco contact. "This contract reflects their importance to Cisco in the supply chain."

SalesLink.com CEO, Richard F. Torre, added, "Having Cisco as a customer has many benefits. Their world-class approach to manufacturing and e-commerce forces us to continually evaluate our processes and makes us better. As a true partner, Cisco works with SalesLink.com to help anticipate their requirements and allows us to participate in their process improvement teams. We look forward to helping Cisco meet their turnkey goals for the next seven years and beyond."

SalesLink.com provides support for the Cisco Systems Manufacturing division and Marketing Group, including the assembly and fulfillment of Cisco accessory kits, software products, service products, and technical documentation. In addition, SalesLink.com provides supply chain management support for the manufacturing of component parts related to these services, including demand printing.

SalesLink.com is in the process of consolidating four subsidiary fulfillment and Internet businesses to create a comprehensive e-business organization. The new SalesLink.com will specialize in the development and implementation of Internet solutions designed to enhance outsourced fulfillment and logistics programs. Combining front-end e-commerce technologies with back-end turnkey and fulfillment expertise, SalesLink.com now offers a complete web-to-warehouse-to-customer solution.

About SalesLink.com
SalesLink.com provides clients with a comprehensive, interactive e-business solution designed to integrate seamlessly with existing back-end systems and data resources. Integrated services include e-commerce catalog design, hosting and maintenance; secure online shopping and payment functionality; credit card processing; and a host of traditional fulfillment services. The net result is the world's most comprehensive integrated Web, turnkey and fulfillment solution business. For more information visit SalesLink.com's Web site at www.saleslink.com or call (888) 231-2568.

About CMGI
A recognized leader in the Internet arena, CMGI (NASDAQ: CMGI) has built a sizeable base of Internet operating companies, and through its @Ventures affiliate, a large number of related and synergistic Internet investments, using the businesses and technologies of these companies to enhance the value of its core operating companies. This unique method of creating equity for its shareholders is what CMGI calls "creating net value." Microsoft, Intel and Sumitomo hold minority positions in CMGI. The CMGI Internet Group consists of its majority-owned subsidiary companies Activerse, ADSmart, Engage Technologies, NaviSite, NaviNet, Planet Direct, Magnitude Network and ZineZone.com.

CMGI's @Ventures affiliate has ownership interests in Lycos, Inc. (NASDAQ: LCOS), blaxxun, GeoCities (NASDAQ: GCTY), Vicinity, ThingWorld.com, KOZ.com, Silknet, Chemdex, Speech Machines, Softway Systems, TicketsLive, Critical Path, MotherNature.com, Raging Bull, Universal Learning Technology, Visto, Virtual Ink, Ancestry.com, ONElist, Furniture.com, OneCore Financial Network and Asimba. CMGI also includes CMG Direct, SalesLink, InSolutions and On-Demand Solutions as majority owned subsidiaries in the direct marketing, fulfillment and turnkey arenas.

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