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Translations.com and Adams Globalization Announce Merger

StreetInsider.com - October 3, 2007

Translations.com, a leading provider of technology-enabled language solutions, today announced that it has completed a merger with Adams Globalization, a localization service provider with over 25 years' experience. Financial terms of the deal were not disclosed.

Austin-based Adams Globalization will become a division of Translations.com and will continue to be led by current President Bernd Cafulli, a veteran of the localization industry. Cafulli will join the senior management team of the combined companies and report to Translations.com Vice President Hans Fenstermacher. Fenstermacher joined Translations.com as the result of a successful merger transaction in May of 2006. Allan Adams, Founder and Chairman of Adams Globalization, will be retiring from the business.

According to Fenstermacher, "The most important factors in our decision to merge with Adams Globalization were their localization expertise in serving technology companies, their proficiency in software testing, and their track record of success that has spanned over two and a half decades. This transaction enhances our core competencies and expands our ability to respond to the increasing needs of our customers."

"Strategically and culturally, Translations.com is a perfect fit for Adams Globalization," said Cafulli. "Operating with no outside investors, Translations.com's management had the flexibility necessary to craft a deal which is highly motivating for the Adams team. Further, the company's history of successfully integrating entrepreneurial companies facilitated our decision. Lastly, through the merger process, our respective staff members have had the opportunity to get to know and understand each other well, and we look forward to working together."

Adams's localization services team will remain in place and continue to serve their clients going forward. "Having joined the Translations.com management team through a merger myself," Fenstermacher added, "I look forward to supporting Adams as the organization enters this new chapter."

About Adams Globalization
Adams Globalization is a leading provider of software localization and internationalization, software language and functional testing, technical document translation, web site globalization, locale-specific desktop publishing, content management, and XLIFF (XML Localization Interchange File Format) migration services. For more information, visit www.adamsglobalization.com.

About Translations.com
Translations.com is a leading provider of software, website, and enterprise-wide localization services, as well as localization-related technology products. Translations.com solutions allow customers to conduct business more effectively in international markets. The company has a global presence on four continents and services a variety of clients with dedicated practice groups for every major industry. Translations.com is part of the TransPerfect family of companies. For more information, please visit www.translations.com and www.transperfect.com.

 
 
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