Lionbridge Launches Program to Accelerate Localization of Microsoft Dynamics AX and Microsoft Dynamics NAV Solutions to Global Markets
WALTHAM, Mass., April 9, 2008 - Lionbridge Technologies, Inc. (Nasdaq: LIOX) announced a new program that will assist Microsoft in accelerating the release of Microsoft Dynamics AX and NAV solutions to global markets. Under the three-year agreement, Lionbridge will provide the Microsoft Business Solutions team with translation support for Microsoft Dynamics AX and Microsoft Dynamics NAV products. Lionbridge will also create a Microsoft Dynamics Center of Excellence (COE) in Beijing, China, that will provide centralized translation project management and translation engineering. In addition, Lionbridge will continue to provide testing, technical authoring and certification programs for these two products.
Lionbridge is delivering these services using Logoport™, its web-architected translation memory platform to access Microsoft's comprehensive library of language assets anytime, anywhere in the world in a secure, web-hosted environment.
"Through this agreement, we will be able to quickly and cost-effectively deliver more translated versions of Microsoft Dynamics AX and NAV to customers around the world," said Neal Singh, General Manager Global Development, Microsoft Business Solutions (MBS). "We are also extending these benefits to our partners who can take advantage of Lionbridge's expertise and economies of scale to increase their global footprint and sell their innovative solutions to new local markets."
Benefits of Lionbridge's services include:
Time and cost savings: Lionbridge's Logoport technology delivers faster, more consistent translation at a lower cost.
Partner resource: Microsoft Dynamics partners can choose to use Lionbridge to expand their global presence. Using its experience from previously translated Microsoft Dynamics content, Lionbridge can reduce the time, cost and complexity of delivering quality products that meet the needs of local markets.
"Lionbridge has a long history of helping companies of all sizes rapidly globalize by efficiently entering new markets and quickly growing revenue. In addition to our relationship with Microsoft Business Solutions, we are now extending our offerings to their partners worldwide," said Rory Cowan, CEO, Lionbridge. "By combining Microsoft Dynamics' content with Lionbridge's deep ERP domain expertise, geographic presence and technology platform we are making it easier for Microsoft and its partners to enter new markets, satisfy customers and broaden their global opportunity."
About Lionbridge
Lionbridge Technologies, Inc. (Nasdaq: LIOX) is a leading provider of globalization and testing services. Lionbridge combines global onshore, near shore and offshore resources with proven program management methodologies to serve as an outsource partner throughout a client's product and content lifecycle -- from development to globalization, testing and maintenance. Global organizations in all industries 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.
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Lionbridge, the Lionbridge logo and Logoport are trademarks or registered trademarks of Lionbridge Technologies, Inc. in the US and throughout the world. All other trademarks are the property of their respective owners.
Forward-Looking Statements
This press release contains express or implied forward-looking statements, including statements relating to the expected or anticipated benefits of use of Logoport (including cost efficiencies, accelerated time to market, quality improvements, and productivity efficiencies) to Lionbridge and its customers. 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 complexity in customer source material and technologies; changing content of customer source material; the ability of Logoport to keep pace with technological changes or changing customer needs; risks of economic downturns generally, and in the information technology and software industries specifically; and risks associated with competition in general and competing technologies specifically. 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 14, 2008.