Cloud-Based Engagement Software targets multilingual experts.

Press Release Summary:



With GeoWorkz(TM), multilingual professionals can access job postings from hundreds of Lionbridge program managers across 35 offices in over 26 countries that are managing translation, localization, and other programs for Global 1000 clients. Subscribers also gain access to Translation Workspace SaaS-based translation productivity platform, which enables subscribers to manage translation memories and other language assets in secure, private workspace.



Original Press Release:



Lionbridge Announces Cloud-Based Engagement Platform for Multilingual Experts Worldwide



GeoWorkz.com Offers New Opportunities for Global Professionals to Access Projects from Hundreds of Program Managers across 26 Countries and Next Generation Productivity Technology

WALTHAM, Mass., -- Lionbridge Technologies, Inc. (Nasdaq: LIOX) today announced GeoWorkz.com as a comprehensive, cloud-based engagement platform for multilingual professionals. A Lionbridge survey showed that translators and agencies spend one out of every five working days looking for new project opportunities. GeoWorkz(TM) allows multilingual professionals to easily access job postings from hundreds of Lionbridge program managers across 35 offices in over 26 countries that are managing translation, localization and other programs for the Company's portfolio of Global 1000 clients. GeoWorkz subscribers also gain access to Translation Workspace(TM), Lionbridge's Software-as-a-Service (SaaS)-based translation productivity platform. As a real-time community engagement platform, GeoWorkz provides new, flexible freelance employment opportunities for multilingual professionals who work online and the most advanced translation productivity tools.

"Through GeoWorkz we will provide subscribers with unmatched advantages -- access to new projects daily and the industry's most advanced live asset translation productivity platform," said Rory Cowan, Lionbridge CEO. "As subscribers, multilingual experts have the potential to increase their earnings up to 20% by accessing a steady stream of new opportunities and eliminating costly on-premise software fees, all for 10 Euros a month. This release of GeoWorkz is an initial step in our strategy to empower translators, agencies and all multilingual professionals through a worldwide community platform."

Through GeoWorkz, subscribers gain access to multiple opportunities and features, allowing them to:

-- View and access a wide variety of localization projects from all Lionbridge offices around the world, 24 hours a day, 7 days a week.

-- Search and sort all of the jobs of interest, according to language, activity, scope and date

-- Sign up for GeoWorkz Alerts to get instant notifications of new job postings that match their interest and skills.

-- Access a wealth of information, training materials, product tours, free trials and other resources to help subscribers improve productivity and business results.

In addition to job postings on GeoWorkz, subscribers gain access to Translation Workspace, Lionbridge's world-class, SaaS-based translation productivity platform. Translation Workspace enables subscribers to manage their translation memories and other language assets in their own secure, private workspace. As a SaaS-based platform, Translation Workspace allows translators and agencies to eliminate traditional, on-premise software license fees, infrastructure and maintenance. Through the platform's patent-pending asset aliasing(TM) feature, subscribers can also use Translation Workspace to scale the number of concurrent users at any time, while ensuring security and privacy controls. Translation Workspace's cloud architecture enables subscribers to collaborate in real-time with all project participants across geographically dispersed teams and provides frequent automatic updates. Because all project members are working collaboratively within a secure, private tenancy, translators, agencies and enterprises are able to increase quality and speed of translation.

With 2,400 subscribers in more than 80 countries, Translation Workspace is quickly becoming the preferred platform for real time live asset management and translation productivity. The platform has processed over one billion words since launch in April, 2010. The most recent updates and new features include:

-- Enhanced Asset Aliasing to streamline tracking and workflow of aliased assets.

-- Expanded and extensible file support using the markup language assistant for INI, TXT, C and .NET text files, and Java properties files, in addition to the existing ability to create custom parsing configuration for a variety of text formats.

-- New quality assurance (QA) features and improved functionality within the platform's XLIFF editor to increase the speed and quality of interactive translation.

-- Improved source and target preview in the online review client. This increases productivity by streamlining the translation review process and enhancing quality output.

Access to GeoWorkz Job Postings is free for subscribers of Translation Workspace. The Job Postings feature on GeoWorkz will be extended throughout all Lionbridge offices in the coming weeks. This will provide a single destination for multilingual professionals to find new projects for translation, desktop publishing, localization engineering and more, while accessing the industry's most widely used cloud-based translation productivity tools.

Translators and agencies can access Job Postings and Translation Workspace through GeoWorkz.com. Monthly subscriptions start at 10 Euro per month and scale to support both translation agencies and enterprise customers.

"With GeoWorkz and Translation Workspace, subscribers are successfully accelerating speed of work, reducing language management costs, lowering expenses and providing unparalleled productivity for their internal and external teams," continued Cowan.

About GeoWorkz

Lionbridge GeoWorkz is an online platform for multilingual talent worldwide. GeoWorkz is dedicated to providing flexible employment options for professionals who work online. As a cloud-based platform, GeoWorkz empowers the translation community by providing access to new projects and the most advanced technology solutions for the translation industry. Community subscribers can also access comprehensive resources to help members get the most from their Translation Workspace subscription including training materials, product tours, free trials, support and more. In addition, subscribers can manage their account and track usage. All subscribers can access the GeoWorkz Directory, making it easy to promote services and collaborate with other subscribers.

About Translation Workspace

Translation Workspace is the first, market-proven, Software-as-a-Service (SaaS)-based translation productivity platform. Through a simple, low-cost subscription, users can 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. 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. Translation Workspace is based on Logoport, Lionbridge's advanced real-time translation memory technology, which has managed more than 10 billion words since its initial deployment in early 2005, making it the single largest repository of commercial translation memory content in the world.

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 www.lionbridge.com.

Lionbridge, Translation Workspace and GeoWorkz, are trademarks or registered trademarks of Lionbridge Technologies, Inc. in the US and throughout the world.

CONTACT: Sara Buda, Lionbridge, +1-781-434-6190, sara.buda@lionbridge.com

Web Site: www.lionbridge.com

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