Increased Demand for Translation Services from Automotive, Hi-Tech, Life Sciences, and Manufacturing Clients Spurs Growth

Yahoo! Finance - June 13, 2005

TransPerfect Translations, the world's leading provider of translation services, today announced the opening of its latest office in Stockholm, Sweden. The Stockholm office will attend to existing TransPerfect clients, while also serving as the primary office for new clients in the Nordic region.

"While our European operations already service a growing roster of Scandinavian clients, such as Saab and Ericsson, we are excited about the opportunity this office will allow us to liaise with our clients more effectively." said Angela O'Sullivan, Vice President of International Sales at TransPerfect.

Liz Elting, President & CEO, added, "Beyond the ability to provide enhanced services to our existing clientele, the Stockholm expansion represents exciting growth prospects for the firm. For example, Life Sciences is one of TransPerfect's strongest vertical practice groups, and Sweden boasts over 180 companies operating in Biotech alone. Furthermore, Stockholm is a hub for innovation and Sweden globally ranks among the leaders for high-tech patents. Finally, due to the increase in worldwide demand for translation and localization into the Scandinavian languages, we are proud to reinforce our commitment to servicing the local market and the Nordic region with a presence in Scandinavia."

Stockholm Office Information:

TransPerfect Translations AB
Vasagatan 11, 1tr
SE-111 20 Stockholm
Sweden
Tel: +46 (0)8 411 8300
Fax: +46 (0)8 411 8370
Email: stockholm@transperfect.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.