MLNK ModusLink Global Solutions Inc

Smart Bike System Company COBI® Partners with ModusLink® for Global E-Commerce Services and Customer Support

ModusLink Global Solutions Inc. (NASDAQ:MLNK), a global, omni-channel technology and fulfillment provider, announced today that it has partnered with COBI, developer of the first smart control center for both bikes and eBikes, to provide logistics and e-commerce services that will help the smart bike innovator successfully sell its products across the globe. ModusLink’s trusted e-commerce, warehousing, distribution and customer service solutions will be used by COBI as it expands its global footprint to sell its products in more than thirty countries.

“ModusLink’s efforts and solutions have helped us in our efforts to ensure that our global customers will be able to quickly and easily find, order and receive our products,” said Sonja Glauert, Head of Customer Relations at COBI. “Their expertise has allowed us to focus on the product itself, rather than worry about shipping and distribution.”

ModusLink is managing all of COBI’s shipping and distribution efforts for Europe and the U.S., including accessories fulfillment and packaging assembly for disparate geographies. In addition, ModusLink is handling all e-commerce-related back-end operations for COBI, including payment and order management; and is offering customer service, product support and returns management solutions for COBI in a variety of languages.

“We’re thrilled to be working with COBI to bring its integrated smart bike system to consumers across the globe,” added Hans Veenendaal, Chief Commercial Officer of ModusLink. “With our assistance, COBI can quickly and easily scale its sales efforts as demand for its products grow.”

COBI recently launched in the U.S. For more information on the COBI smart bike system, or to place an order today, please visit www.COBI.bike.

About COBI

COBI (short for Connected Biking) is a smart bike system that blends innovative urban bicycling culture with advanced technology. An intelligent connection between the bicycle and its rider’s smartphone creates a totally new experience. This internationally award-winning system enhances bicycles and modern e-bikes with a variety of intelligent functions for better safety, greater convenience, and more fun on any ride. The future of bike-based mobility begins with COBI – a new and trailblazing dimension of bicycling. More information can be found at: www.cobi.bike.

About ModusLink Global Solutions

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 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 regarding ModusLink’s anticipated partnership with COBI GmbH. 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, ModusLink, and the ModusLink logo, are trademarks of ModusLink Global Solutions, Inc. All other company names and products are trademarks or registered trademarks of their respective companies.

EN
07/11/2016

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