EPIK SOLUTIONS TO BECOME EPIC GLOBAL SOLUTIONS, A DIVISION OF TRANSLATIONS.COM


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EPIK SOLUTIONS TO BECOME EPIC GLOBAL SOLUTIONS, A DIVISION OF TRANSLATIONS.COM

MarketWatch.com - February 15, 2006

Translations.com, a world leader in language and technology solutions, today announced it has completed a transaction whereby Epik Solutions will become Epic Global Solutions, a division of Translations.com. Based in Boulder, Colorado, Epik is a globalization solutions company comprised of consultants, project managers, and software developers. The combination with Epik Solutions will enhance Translations.com's ability to deliver enterprise-wide translation solutions to clients, and allow these clients to better leverage technology to increase the quality, decrease the cost, and speed the time-to-market for initiatives involving multilingual content.

The 15-person group will continue to be based in Boulder with geographic extensions elsewhere in North America, Europe, and Asia, and operate as an independent division. The newly formed group will be known as Epic Global Solutions.

"This deal makes tremendous sense for both parties and will provide immediate benefits to our clients," stated Phil Shawe, President & CEO of Translations.com. "Epik Solutions is a cohesive group of top notch globalization and technical experts who have been working together for years and who have a track record of executing successful enterprise localization initiatives that are second-to-none."

Milen Epik, President of the Epic Global Solutions division, added, "Translations.com is a member of the TransPerfect family of companies, one of the world's largest translation service providers. This union will allow our team to have both the autonomy to develop cutting-edge globalization solutions for our clients, and also provide us with a stable, profitable, and growing business partner."

 
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