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Lionbridge Announces General Availability of Translation Workspace(TM), the First Global-Scale SaaS-Based Translation Productivity Platform
Opens the Industry's Most Advanced and Flexible Language Management Technology to Enterprises, Translators and Agencies Worldwide; Introduces GeoWorkz.com eCommerce Platform for Real-Time Translation Applications
WALTHAM, Mass., April 26 -- After a robust and comprehensive global beta program, Lionbridge is proud to release Translation Workspace, the first, market-proven, Software-as-a-Service (SaaS)-based translation productivity platform. Translation Workspace is now Generally Available for all translators, agencies and clients worldwide through GeoWorkz.com, Lionbridge's eCommerce platform for all real-time translation applications. Through a simple, low-cost subscription, users can now access Translation Workspace to translate, manage and sequence language assets in real-time, collaborate instantly with other translators, monitor project productivity, automate quality assurance and engage qualified resources on demand - all within their own secure, private work environment.
Managing multiple versions of expensive desktop translation memory software has been a challenge for translators, agencies and global enterprises for decades. Translation Workspace eliminates these challenges by providing a real-time, multi-tenant platform based on one instance of technology. This transforms static linguistic databases into real-time linguistic assets. Delivered via a flexible, subscription-based SaaS model, Translation Workspace is completely automated and eliminates the need for users to buy, install or maintain any software on their premises. This means translators, agencies and enterprises can dynamically align and scale their technology with their business needs while eliminating upgrade costs, version control issues and maintenance fees. Through its unique Live Assets(TM) feature, Translation Workspace allows users to quickly and economically manage, distribute and sequence translation memories and instantly engage a qualified pool of translators. They also gain on-demand visibility into the progress of every project and the delivery of every translation.
By offering this proven technology to individual translators and agencies through a flexible, subscription-based model, Lionbridge is providing on-demand access to the industry's most advanced language asset management tools without the cost and infrastructure of traditional on-premise translation systems.
"Traditional on-premise translation software has provided value for many organizations but it has reached its end of life," said Rory Cowan, Lionbridge CEO. "Organizations need a flexible solution that is designed and architected to take advantage of today's community-enabled Web platform. With our innovative SaaS-based technology and flexible subscription model, we are reducing the cost and complexity of translation productivity tools, eliminating the need for expensive, on-premise software and helping users increase the efficiency and productivity of their businesses."
Today's announcement follows Lionbridge's recent news that it has partnered with IBM to accelerate the development and commercialization of real-time translation automation for the enterprise. These announcements reflect the power of Lionbridge's proven, cloud-based translation memory platform that enables organizations to optimize language assets, reduce costs and cost-effectively address all enterprise content without having to buy and maintain on-premise software.
Translation Workspace Receives Applause from Users
Lionbridge enjoys relationships with more than 10,000 individual translators and agencies. Several of these translators and agencies were beta testers of Translation Workspace and provided valuable feedback as Lionbridge finalized the capabilities of its new platform.
"I am really impressed with the mature capabilities and features provided by the Translation Workspace," said Vasily Tomilin, an experienced Russian localization expert. "The combination of a Software as a Service model and live translation assets will be transformative for the industry. It will allow both experienced and new translation suppliers more flexibility -- to grow their business, reach new customers and be more productive -- all at a lower cost than the competition."
Flexible Subscription Model Offers "Pay as you Go" Pricing and Scalability
Translation Workspace is available today through GeoWorkz.com, Lionbridge's ecommerce platform for all real-time translation applications.
Translation Workspace requires a basic online connection and a minimal monthly subscription that starts at 10 Euro per month and scales to support both translation agencies and enterprise customers. The platform's SaaS model allows users to engage with the Translation Workspace, upload and distribute translation assets and manage translation projects across global teams in a secure, on-demand Web environment. Advanced security features protect confidentiality and protect each user's proprietary content while offering full scalability and reliability. GeoWorkz.com provides comprehensive resources for all users to succeed with the Translation Workspace. All subscribers have access to a shared directory making it easy to find service providers and other subscribers. GeoWorkz.com also provides a foundation for Lionbridge to offer additional industry-scale technology, features and work activities to the global multilingual community.
Translation Workspace is based on Logoport, Lionbridge's advanced real-time translation memory technology, which has managed more than 2 billion words since its initial deployment in early 2005 and currently processes more than 60 million words each month for 19,000 users and 700 customers.
With today's release, translators, agencies and enterprises worldwide are now able to enjoy the benefits of Translation Workspace for their own use through a low-cost, easy-to-use online platform. As we expand GeoWorkz.com to include other real-time applications such as translation automation, we will further transform how organizations manage multilingual communications with customers, employees and partners worldwide," added Cowan.
About Lionbridge
Lionbridge Technologies, Inc. (NASDAQ:LIOX) is a provider of translation, development and testing solutions. Lionbridge combines global resources with proven program management methodologies to serve as an outsource partner throughout a client's product and content lifecycle - from development to translation, testing and maintenance. Global organizations rely on Lionbridge services to increase international market share, speed adoption of global products and content, and enhance their return on enterprise applications and IT system investments. Based in Waltham, Mass., Lionbridge maintains solution centers in 26 countries and provides services under the Lionbridge and VeriTest brands. To learn more, visit http://www.lionbridge.com/.
Lionbridge, Translation Workspace, GeoWorkz, Live Assets and Logoport are trademarks or registered trademarks of Lionbridge Technologies, Inc. in the US and throughout the world.
Contact:
Sara Buda
Lionbridge Technologies
(781) 434-6190
sara_buda@lionbridge.com
Forward-Looking Statements
This press release contains express or implied forward-looking statements, including statements relating to market, subscriber and translator acceptance and use of the Translation Workspace (TM), the expected benefits of use, the timing of availability of the Translation Workspace, the expected features and functionality of the Translation Workspace and the expected benefits of deployment, subscription and use. Lionbridge's actual experiences and results may differ materially from those discussed in the forward-looking statements. Factors that might cause such a difference include but are not limited to market acceptance; ability and willingness to subscribe to the Translation Workspace; timing of availability of the Translation Workspace and particular features and functionality; successful user deployment and utilization of existing and future services; errors, interruptions or delays in our service or our Web hosting; breaches of our security measures; competition; and various financial aspects of the subscription model utilized in connection with the Translation Workspace.
For a more detailed description of the risk factors associated with Lionbridge, please refer to Lionbridge's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 13, 2009.
Source: Lionbridge Technologies, Inc.
CONTACT: Sara Buda, Lionbridge Technologies, +1-781-434-6190,
sara_buda@lionbridge.com
Web Site: http://www.lionbridge.com/
Lionbridge Announces General Availability of Translation Workspace(TM), the First Global-Scale SaaS-Based Translation Productivity Platform
Opens the Industry's Most Advanced and Flexible Language Management Technology to Enterprises, Translators and Agencies Worldwide; Introduces GeoWorkz.com eCommerce Platform for Real-Time Translation Applications
WALTHAM, Mass., April 26 -- After a robust and comprehensive global beta program, Lionbridge is proud to release Translation Workspace, the first, market-proven, Software-as-a-Service (SaaS)-based translation productivity platform. Translation Workspace is now Generally Available for all translators, agencies and clients worldwide through GeoWorkz.com, Lionbridge's eCommerce platform for all real-time translation applications. Through a simple, low-cost subscription, users can now access Translation Workspace to translate, manage and sequence language assets in real-time, collaborate instantly with other translators, monitor project productivity, automate quality assurance and engage qualified resources on demand - all within their own secure, private work environment.
Managing multiple versions of expensive desktop translation memory software has been a challenge for translators, agencies and global enterprises for decades. Translation Workspace eliminates these challenges by providing a real-time, multi-tenant platform based on one instance of technology. This transforms static linguistic databases into real-time linguistic assets. Delivered via a flexible, subscription-based SaaS model, Translation Workspace is completely automated and eliminates the need for users to buy, install or maintain any software on their premises. This means translators, agencies and enterprises can dynamically align and scale their technology with their business needs while eliminating upgrade costs, version control issues and maintenance fees. Through its unique Live Assets(TM) feature, Translation Workspace allows users to quickly and economically manage, distribute and sequence translation memories and instantly engage a qualified pool of translators. They also gain on-demand visibility into the progress of every project and the delivery of every translation.
By offering this proven technology to individual translators and agencies through a flexible, subscription-based model, Lionbridge is providing on-demand access to the industry's most advanced language asset management tools without the cost and infrastructure of traditional on-premise translation systems.
"Traditional on-premise translation software has provided value for many organizations but it has reached its end of life," said Rory Cowan, Lionbridge CEO. "Organizations need a flexible solution that is designed and architected to take advantage of today's community-enabled Web platform. With our innovative SaaS-based technology and flexible subscription model, we are reducing the cost and complexity of translation productivity tools, eliminating the need for expensive, on-premise software and helping users increase the efficiency and productivity of their businesses."
Today's announcement follows Lionbridge's recent news that it has partnered with IBM to accelerate the development and commercialization of real-time translation automation for the enterprise. These announcements reflect the power of Lionbridge's proven, cloud-based translation memory platform that enables organizations to optimize language assets, reduce costs and cost-effectively address all enterprise content without having to buy and maintain on-premise software.
Translation Workspace Receives Applause from Users
Lionbridge enjoys relationships with more than 10,000 individual translators and agencies. Several of these translators and agencies were beta testers of Translation Workspace and provided valuable feedback as Lionbridge finalized the capabilities of its new platform.
"I am really impressed with the mature capabilities and features provided by the Translation Workspace," said Vasily Tomilin, an experienced Russian localization expert. "The combination of a Software as a Service model and live translation assets will be transformative for the industry. It will allow both experienced and new translation suppliers more flexibility -- to grow their business, reach new customers and be more productive -- all at a lower cost than the competition."
Flexible Subscription Model Offers "Pay as you Go" Pricing and Scalability
Translation Workspace is available today through GeoWorkz.com, Lionbridge's ecommerce platform for all real-time translation applications.
Translation Workspace requires a basic online connection and a minimal monthly subscription that starts at 10 Euro per month and scales to support both translation agencies and enterprise customers. The platform's SaaS model allows users to engage with the Translation Workspace, upload and distribute translation assets and manage translation projects across global teams in a secure, on-demand Web environment. Advanced security features protect confidentiality and protect each user's proprietary content while offering full scalability and reliability. GeoWorkz.com provides comprehensive resources for all users to succeed with the Translation Workspace. All subscribers have access to a shared directory making it easy to find service providers and other subscribers. GeoWorkz.com also provides a foundation for Lionbridge to offer additional industry-scale technology, features and work activities to the global multilingual community.
Translation Workspace is based on Logoport, Lionbridge's advanced real-time translation memory technology, which has managed more than 2 billion words since its initial deployment in early 2005 and currently processes more than 60 million words each month for 19,000 users and 700 customers.
With today's release, translators, agencies and enterprises worldwide are now able to enjoy the benefits of Translation Workspace for their own use through a low-cost, easy-to-use online platform. As we expand GeoWorkz.com to include other real-time applications such as translation automation, we will further transform how organizations manage multilingual communications with customers, employees and partners worldwide," added Cowan.
About Lionbridge
Lionbridge Technologies, Inc. (NASDAQ:LIOX) is a provider of translation, development and testing solutions. Lionbridge combines global resources with proven program management methodologies to serve as an outsource partner throughout a client's product and content lifecycle - from development to translation, testing and maintenance. Global organizations rely on Lionbridge services to increase international market share, speed adoption of global products and content, and enhance their return on enterprise applications and IT system investments. Based in Waltham, Mass., Lionbridge maintains solution centers in 26 countries and provides services under the Lionbridge and VeriTest brands. To learn more, visit http://www.lionbridge.com/.
Lionbridge, Translation Workspace, GeoWorkz, Live Assets and Logoport are trademarks or registered trademarks of Lionbridge Technologies, Inc. in the US and throughout the world.
Contact:
Sara Buda
Lionbridge Technologies
(781) 434-6190
sara_buda@lionbridge.com
Forward-Looking Statements
This press release contains express or implied forward-looking statements, including statements relating to market, subscriber and translator acceptance and use of the Translation Workspace (TM), the expected benefits of use, the timing of availability of the Translation Workspace, the expected features and functionality of the Translation Workspace and the expected benefits of deployment, subscription and use. Lionbridge's actual experiences and results may differ materially from those discussed in the forward-looking statements. Factors that might cause such a difference include but are not limited to market acceptance; ability and willingness to subscribe to the Translation Workspace; timing of availability of the Translation Workspace and particular features and functionality; successful user deployment and utilization of existing and future services; errors, interruptions or delays in our service or our Web hosting; breaches of our security measures; competition; and various financial aspects of the subscription model utilized in connection with the Translation Workspace.
For a more detailed description of the risk factors associated with Lionbridge, please refer to Lionbridge's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 13, 2009.
Source: Lionbridge Technologies, Inc.
CONTACT: Sara Buda, Lionbridge Technologies, +1-781-434-6190,
sara_buda@lionbridge.com
Web Site: http://www.lionbridge.com/