Sponsored by OPEN: The Small Business NetworkSM
from American Express
May 24, 2004 - Rieva Lesonsky, senior VP/editorial director of Entrepreneur announced today that Liz Elting, President and CEO of TransPerfect Translations Inc. is Entrepreneur's 2004 Woman of the Year sponsored by OPEN: The Small Business Network from American Express.
Reviewing entries from all over the country, Elting was chosen by the magazine as the entrepreneur who best exemplifies competitiveness, compassion and clarity of vision. Starting in 1992 out of her dorm room at New York University (NYU) with $5,000 in start-up funding from credit cards, Elting expects her company's gross sales to hit $35 million for 2004.
Elting's company, TransPerfect Translations Inc. is one of the five largest language service companies in the world today, specializing in translation, interpreting, typesetting and multicultural marketing to multinational companies worldwide. "As she described her goal-setting and employee-friendly corporate culture, as well as her charity and community service record, we at Entrepreneur realized we had found a unquestionably unique business owner whose company's reach is truly global," said Entrepreneur's Lesonsky.
"Liz Elting represents the best of business owners, and, in particular entrepreneurial women," said Stefanie Katz-Rothman, vice president, American Express. "The OPEN Network is proud to support business owners who are doing big things, and we congratulate Liz on her impressive business accomplishments."
Ms. Elting, The Woman of the Year, is featured in the June issue of Entrepreneur, on sale May 25. As the winner she will be honored at an invitation-only luncheon at FRESCO's by Scotto in New York City, on Wednesday, June 2, 2004.
About Entrepreneur Media Inc.
Entrepreneur Media Inc. is an organization of people dedicated to empowering entrepreneurs worldwide to start and grow successful companies. To provide entrepreneurs with the relevant information they need to make informed decisions, Entrepreneur Media Inc. offers a full range of products and services. Products include: Magazines - Entrepreneur, Entrepreneur's Be Your Own Boss, Entrepreneur China, Entrepreneur Mexico and Entrepreneur Philippines; Web sites - Entrepreneur.com, SoyEntrepreneur.com, EntrepreneurPress.com and Freebks.com; Book Publishing - Entrepreneur Press, The Oasis Press, Entrepreneur's eBooks and Business Start-Up Guides; also - Conferences, Custom Publishing and Card Decks.
About OPEN: The Small Business Network from American Express
OPEN: The Small Business Network provides small business owners a wide range of tools, services, savings and rewards designed to meet their evolving needs, including charge and credit cards, convenient access to working capital and credit information, enhanced online account management capabilities and savings on business services from an enhanced lineup of partners. To obtain more information about the OPEN Network, visit OPEN.americanexpress.com or call 1-800-NOW-OPEN to apply for a card or loan.
American Express Company is a diversified worldwide travel, financial and network services company founded in 1850. It is a world leader in charge and credit cards, Travelers Cheques, travel, financial planning, business services, insurance and international banking.
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.