ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK) today announced that IVS Associates, Inc., the independent Inspector of Elections (“Inspector”) for ModusLink’s 2011 Annual Meeting of Stockholders held on January 20, 2012, has released a preliminary report of voting results.
Based on the preliminary tabulation by the Inspector, ModusLink stockholders have voted to re-elect one of the Company’s director nominees – Jeffrey J. Fenton – to the ModusLink Board of Directors. This preliminary tabulation also indicates that stockholders have voted to elect Jeffrey S. Wald, a director nominee put forward by Peerless Systems Corporation.
Separately, the Inspector also reported the preliminary tabulation of the other proposals voted on at the Annual Meeting:
Prior to the closing of the polls at the Annual Meeting, all proxy cards received by the Company and Peerless Systems were submitted to the Inspector for final tabulation and certification. Final voting results will be announced once they are certified by the Inspector, following any review and challenge period.
ModusLink Global Solutions, Inc. designs and executes global value chain strategies to solve clients’ cost, time-to-market, customer satisfaction and revenue objectives. Our supply chain, aftermarket, e-Business and entitlement management solutions support the end-to-end product lifecycles of the world’s leading technology and consumer goods companies. ModusLink has more than 25 years of experience executing complex supply chain processes such as sourcing, configuration and fulfillment. We can manage these critical functions seamlessly with a client’s global e-Business initiative or an integrated aftermarket program, including alternative channel recovery for at-risk inventory. Backed by a footprint of more than 25 solution centers in 15 countries, ModusLink clients can react quickly to shifting market dynamics impacting value chain performance and revenues. For more information about ModusLink’s flexible, scalable and sustainable solutions, visit www.moduslink.com or www.valueunchained.com, the blog for value chain professionals.
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.