TRANSLATIONS.COM AND ARCHITEXT MERGE


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TRANSLATIONS.COM AND ARCHITEXT MERGE

Combined Companies Will Form Technology-Focused Subsidiary of The World's Largest Privately-Held Language Services Firm, TransPerfect Translations

Yahoo! Finance - May 25, 2006

Translations.com, a leader in website and software localization, Globalization Management software products, and enterprise-level translation solutions, today announced that it has completed a merger with leading software localization and content solutions provider, ArchiText Inc.

Boston-based ArchiText will become a division of Translations.com and continue to be led by founder Hans Fenstermacher, a 25-year veteran of the localization industry and founding Chairman of the Globalization and Localization Association (GALA). In addition to remaining President of the ArchiText Division, Fenstermacher will join the senior management team of Translations.com.

Merger Matches Industry Experience, Know-How, and Resources

"Hans Fenstermacher is one of the most highly respected figures in the localization industry, and we are delighted to welcome him and the entire ArchiText staff to our team. Translations.com and ArchiText have historically been two of the more client-focused and innovative players in the localization arena, and this union will allow us to deliver a better value proposition and broader scope of services to all our clients," said Phil Shawe, President and CEO of Translations.com.

"As a lifelong veteran of this industry, I've had the opportunity to get to know many localization service providers. In Translations.com, we are extremely fortunate to have found a merger-partner that shares our core values of quality, client-orientation, and relentless innovation," Fenstermacher added.

Deal Includes IP Related To ABREVE® Global Content Solutions

ArchiText and Translations.com plan to develop and leverage ABREVE®, ArchiText's patent-pending process and technology which enables multinational clients to control cost by effectively reducing the amount of authored content they create and translate. ABREVE® clients benefit from improved and global-ready English content, which leads to a dramatic reduction in localization expenditures. "In addition to offering a global footprint to drive ABREVE® sales, this merger will allow for expanded investment to further enhance our ABREVE® offering," Fenstermacher stated.

About ArchiText

Founded in 1994, ArchiText Inc. offers translation, localization, and globalization services to Global 2000 companies. With offices in Massachusetts and California, ArchiText offers a full range of linguistic and language-technology solutions, as well as full source-content development services. ArchiText is the pioneer of ABREVE®, a patent-pending content globalization methodology that raises content usability, streamlines content deployment, and saves companies significant costs as part of an end-to-end localization solution. For more information about ArchiText, visit www.architext-usa.com.

About Translations.com

Translations.com provides software and website localization, as well as enterprise language solutions, to clients in virtually every major industry. Translations.com's business services are focused on the strategic needs of organizations seeking to communicate and conduct business in international markets. Translations.com has an established global presence on three continents and continues to pioneer new techniques and technologies for the rapid development of multilingual business solutions. For more information, please visit www.translations.com or email the company at info@translations.com.

About TransPerfect
With revenue of over $250 million, TransPerfect is the largest privately held language services provider in the world. From offices in 66 cities on 5 continents, TransPerfect offers a full range of services in over 100 languages to multinationals worldwide. With a global network of over 4,000 linguists and subject-area specialists, TransPerfect is the largest translation company to be fully ISO 9001:2008 and EN 15038:2006 certified. TransPerfect is headquartered in New York and has regional headquarters in London and Hong Kong. For more information, please visit our website at www.transperfect.com.

 
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