News / Releases

@Ventures Portfolio Company Alibris, Inc. is Acquired

Waltham, Mass. — May 30, 2006 — CMGI, Inc. (Nasdaq: CMGI) announced today that @Ventures, its venture capital business, has received $7.9 million in initial cash proceeds resulting from the acquisition of one of its portfolio companies. Alibris, Inc., a portfolio company in which @Ventures held a minority investment, was recently acquired by Oak Hill Capital Partners. In connection with the transaction, @Ventures expects to receive up to $1.1 million in additional proceeds, assuming there are no claims against funds currently held in escrow.

Alibris connects people with an interest in books, music, and movies to thousands of independent sellers around the world. The company’s technology and logistics systems allow it to offer over 60 million used, new, and out-of-print books to consumers, libraries, and retailers. Through a single interface, Alibris sellers gain access to multiple sales channels, including Barnes & Noble, Borders, Amazon.com, Books-A-Million, and Alibris’s own retail site.

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About CMGI

CMGI, Inc. (Nasdaq: CMGI), through its subsidiary ModusLink, provides industry-leading global supply chain management services and solutions that help businesses market, sell and distribute their products around the world. In addition, CMGI’s venture capital business, @Ventures, invests in a variety of technology ventures. For additional information, see www.cmgi.com.

About @Ventures

@Ventures, CMGI's venture capital business, invests in early-stage and mid-stage technology companies. Formed in 1995, @Ventures has funded more than 70 Internet, software, IT and clean energy companies. The primary focus of @Ventures’ fifth fund, formed in 2004, is on investments in clean energy technologies, including alternative energy, energy efficiency, and water purification and management. For additional information, see www.ventures.com.