MLNK ModusLink Global Solutions Inc

ZEISS Selects ModusLink® to Deploy Order Management and Fulfillment Solutions

ModusLink Corporation, a wholly owned subsidiary of ModusLink Global Solutions Inc. (NASDAQ: MLNK), a global, omni-channel technology and fulfillment provider, announced today that ZEISS Consumer Products Division (COP), an internationally leading technology enterprise, operating in the optics and optoelectronics industries, selected ModusLink to implement a seamless buying and return experience, resulting in enhanced customer and partner relations. ZEISS COP will utilize ModusLink’s e-Commerce and financial management services to optimize its order management, fulfillment, returns and payment processes.

In 2006, ZEISS COP opened its online store, but as e-Commerce gains popularity and digital storefronts become a growing priority, ZEISS COP decided it’s time to give its digital offering a facelift. These efforts require a partner that could create a seamless interface between the online shop’s back-end system and the antiquated order management and payment systems. ZEISS COP selected ModusLink to implement its world-class e-Commerce and financial management services, combining robust financial management with fully integrated e-commerce and supply chain processes for an optimized approach to channel expansion.

ModusLink’s comprehensive end-to-end solution is fully integrated with global payment, CRM and fulfillment systems, allowing ZEISS COP to quickly and easily expand into new regions and countries. ModusLink's international footprint and ability to seamlessly manage international currency conversions and localize shipping allows ZEISS COP to expand geographically while simultaneously scaling its online sales channel. Additionally, ModusLink provides comprehensive risk management and fraud protection along with customized monitoring and full compliance capabilities.

"As the Internet continues to upend the traditional supply chain, companies need help navigating this seismic shift in how they must operate as they move increasingly to a direct-to-consumer model," said Michel Da Silva, General Manager eBusiness at ModusLink. "We have teamed up with ZEISS COP to help bolster its online and international presence in a quick, efficient manner. We’ve done this by establishing a robust and agile e-Commerce solution that represents the first point of engagement in the supply chain."

"With our digital presence becoming a growing force for the company's ongoing success, it was crucial for ZEISS COP to create a seamless customer experience by optimizing order management and payment processes," said Heiko Bittner, Project Coordinator Digital Sales at ZEISS. "We ultimately selected ModusLink for its ability to offer streamlined back end functionality to ensure a positive experience for customers. Additionally, ModusLink delivers the peace-of-mind that the risks of doing business online and across borders have been mitigated and that consistency and control is maintained as we continue to expand."

About ZEISS

ZEISS COP is an internationally leading technology enterprise operating in the fields of optics and optoelectronics. The ZEISS Group develops, produces and distributes measuring technology, microscopes, medical technology, eyeglass lenses, camera and cinema lenses, binoculars and semiconductor manufacturing equipment. With its solutions, the company constantly advances the world of optics and helps shape technological progress. ZEISS COP is divided up into the four segments Research & Quality Technology, Medical Technology, Vision Care/Consumer Products and Semiconductor Manufacturing Technology. The ZEISS Group is represented in more than 40 countries and has over 50 sales and service locations, more than 30 manufacturing sites and about 25 research and development centers around the globe.

In fiscal year 2015/16 the company generated revenue approximating €4.9 billion with over 25,000 employees. Founded in 1846 in Jena, the company is headquartered in Oberkochen, Germany. Carl Zeiss AG is the strategic management holding company that manages the ZEISS Group. The company is wholly owned by the Carl Zeiss Stiftung (Carl Zeiss Foundation).

Further information at www.zeiss.com.

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, which address a variety of subjects including, for example statements regarding supply chain 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.

ModusLink and ModusLink Global Solutions are trademarks of ModusLink Corporation. All other company names and product names may be trademarks of their respective owners.

EN
21/08/2017

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