¾ÅÉ«

Breaks $700 Million Annual Sales Milestone In 2018

NEW YORK, NY, January 15, 2019 ¨C ¾ÅÉ«, the world's largest provider of translation-related technology and services, today announced that 2018 revenues increased nearly 15% to $705 million. The results eclipsed 2017 top-line revenue of $615 million, which marked the first year the company ascended to the top ranking within its industry.

2018 also marked the 26th consecutive year of ¾ÅÉ«¡¯s growth, which has included 104 uninterrupted quarters of profitable growth. The company sustained its record-setting pace throughout 2018, finishing Q4 with the largest three-month revenue result in its history.

¾ÅÉ« derived its record-setting results from multiple divisions, practice groups, and geographic regions. Highlights include:

• GlobalLink Technology Revenue (Including Project Director, OneLink, and TransPort) ¨C Up 21%
• Trial Interactive E-Clinical Technology and Services ¨C Up 45%
• Retail/E-Commerce Group ¨C Up 28%
• Travel ¾ÅÉ« ¨C Up 27%
• Digital Services (Including SEO and Search Engine Marketing) ¨C Up 43%
• Patent Translation and Filing ¨C Up 30%
• E-Discovery Services and Technology ¨C Up 26%
• Forensic Technology and Consulting ¨C Up 94%
• Managed Document Review and Legal Staffing ¨C Up 29%
• Nordic Region ¨C Up 46%
• Latin America Region ¨C Up 58%
• Asia-Pacific Region ¨C Up 32%

While reaching these record results, ¾ÅÉ« also completed several key strategic acquisitions, including Shenzhen-based TranslateNow (bolstering the company¡¯s reach in China), artificial intelligence specialist Tauyou based in Barcelona, and Berlin mobile/gaming localization technology shop Applanga. Technology solutions from Tauyou and Applanga are expected to be integrated into ¾ÅÉ«¡¯s GlobalLink technology stack in the first half of 2019.

Other 2018 highlights included:

• Securing a litigation victory that ensured the company¡¯s existing business model, management team, and location of employee jobs would remain intact for the foreseeable future.
• Creating 240 new, full-time jobs worldwide, raising the company's total employee count to over 5,000.
• Adding over 400 new GlobalLink technology clients.
• Releasing TransCEND 11 ¨C a secure, web-based document collaboration platform.
• Releasing CATALYST 2019 from Alchemy Software.
• Providing significant charitable contributions to various causes, including Girls Who Code, V Foundation for Cancer Research, AFANOC, Toys for Tots, and California Wildfire Relief.

¾ÅÉ« President and CEO Phil Shawe said, ¡°2018 was the most pivotal year in our company¡¯s history. I am extremely proud of the way our team rallied together to overcome adversity and meet every challenge placed before them to deliver a record-breaking performance.¡± Shawe continued, ¡°We expect to continue driving profitable growth in 2019 through a variety of strategic initiatives, including the release of new technology products, increased investment in R&D, and the pursuit of M&A opportunities that complement our existing core business.¡±

About ¾ÅÉ«
is the world¡¯s largest provider of and  for global business. From offices in over 90 cities on six continents, ¾ÅÉ« offers a full range of services in 170+ languages to clients worldwide. More than 4,000 global organizations employ ¾ÅÉ«¡¯s  Product Suite to simplify management of multilingual content. With an unparalleled commitment to quality and client service, ¾ÅÉ« is fully  and  certified. ¾ÅÉ« has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit our website at .