ModusLink
Global Solutions™ Inc. (NASDAQ: MLNK) and Newton
Circus today announced a collaboration to provide senior citizens
high quality, renewed smartphones with a suite of apps known as
Silverline, designed to connect them to the digital world.
Based in Singapore, with contributors across the globe, Newton Circus
develops creative, environmentally-sound and people-focused business
projects across a number of industries. For its newest endeavor, Newton
Circus has selected ModusLink to provide global supply chain management
capability and for its rigorous standards in electronics repair and
recovery.
“Our goal is to provide millions of re-purposed smartphones that can be
distributed free of charge through participating cellular providers, so
that seniors and their families can have peace of mind knowing that a
connection to select service providers is just a tap or a call away,”
said Jason Aspes, co-founder, Newton Circus. “With the support of
numerous global telecom leaders, this project will connect these seniors
with critical information, provide education and connect them with
family and friends for enrichment, safety and security. Silverline and
its success hinges on the reliability of the systems we provide and
ModusLink has a proven, industry-leading handset processing discipline
that will ensure the high quality of these donations.”
“Newton Circus has a history of entrepreneurial projects that combine
humanitarian endeavors, environmental stewardship and sound business
opportunity,” said Scott Crawley, president, global operations, sales
and marketing, ModusLink. “We find an increasing number of technology
clients are interested in the renewal of electronics as an additional
revenue opportunity that is simultaneously beneficial for the
environment. Our expertise in this area has grown over the years and our
ability to maximize value at every point in the process makes ModusLink
truly unique in the supply chain and logistics market. It’s gratifying
for our company to be involved with a project like Silverline.”
Donated handsets will be shipped to ModusLink’s repair and refurbishment
locations in Bloomington, IN, and Singapore, where they will undergo a
rigorous security and data wipe process before being restored to
near-new condition and pre-loaded with the Silverline apps before being
distributed to seniors through the Silverline program.
Additional Resources
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Watch the video
on ModusLink’s Aftermarket Solutions for electronics return, repair
and recovery
-
See
a first-hand account of Silverline’s benefits for seniors
-
See additional detail on ModusLink’s Repair
and Recovery programs
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Value
Unchained, the blog for supply chain professionals
About Newton Circus
Newton Circus creates products, services, and applications that are good
for people, planet, and profit. We focus on key drivers of global change
including climate, the environment, poverty, development, natural
resource preservation, healthcare, migration, and urbanization. Newton
Circus understands the mainstream consumer has shown an overwhelming
propensity to support products, brands, companies, and retailers that
are committed to responsible business practices. Contact us to embed
sustainability into your company and improve your bottom line. Visit www.newton-circus.com
and www.silverline.mobi
for more information.
About ModusLink Global Solutions
ModusLink Global Solutions Inc. (NASDAQ: MLNK) executes comprehensive
supply chain and logistics services that improve clients’ revenue, cost,
sustainability and customer experience objectives. ModusLink is a
trusted and integrated provider to the world’s leading companies in
consumer electronics, communications, computing, medical devices,
software, luxury goods and retail. The Company’s operating
infrastructure annually supports more than $80 billion of its clients’
revenue and manages approximately 470 million product shipments through
more than 30 sites in 15 countries across North America, Europe, and the
Asia/Pacific region. For details on ModusLink's flexible and scalable
solutions visit www.moduslink.com
and www.valueunchained.com,
the blog for supply chain professionals.
This release contains forward-looking statements, which address a
variety of subjects including, for example, the expected benefits of the
business relationship between ModusLink Global Solutions and Newton
Circus. The following important factors and uncertainties, among others,
could cause actual results to differ materially from those described in
these forward-looking statements: We are not designated as this client’s
sole supplier of the services referenced in this press release; We
frequently sell to our clients on a purchase order basis and without
contractual minimums and therefore our sales are subject to demand
variability; Our success depends on our ability to execute on our
business strategy and the continued and increased demand for and market
acceptance of our solutions and services; We may not be able to expand
our operations in accordance with our business strategy; We may
experience difficulties integrating technologies, operations and
personnel in accordance with our business strategy; We derive a
significant portion of our revenue from a small number of customers and
the loss of any of those customers would significantly damage our
financial condition and results of operations; Increased competition and
technological changes in the markets in which we compete; and risks
associated with international operations. For a detailed discussion of
cautionary statements that may affect ModusLink Global Solutions’ future
results of operations and financial results, please refer to our filings
with the Securities and Exchange Commission, including our most recent
Annual Report on Form 10-K and Quarterly Report on Form 10-Q.
Forward-looking statements represent management's current expectations
and are inherently uncertain. We do not undertake any obligation to
update forward-looking statements made by us.
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.
