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Multi-Billion Dollar Biotech Firm Chooses Lionbridge as Exclusive Translation Provider with Three-Year Master Services Agreement
Date:12/14/2009

WALTHAM, Mass., Dec. 14 /PRNewswire-FirstCall/ -- Lionbridge (Nasdaq: LIOX) today announced that it has signed a new, three-year master services agreement with a multi-billion dollar biotech company with products and services that serve patients in approximately 100 countries. With the agreement Lionbridge will become the sole provider for translation of the company's online content, which includes regulatory, marketing, training, human resources, legal, and corporate communications information. Lionbridge expects this new program to generate approximately $6 million over the term of the contract.

Lionbridge is providing the biotech company an integrated worldwide program for translation and linguistic validation across more than 40 languages. To facilitate an efficient translation process that adheres to strict regulatory compliance requirements, the client's users will access Lionbridge's Freeway® portal technology to streamline project submission, project tracking, collaboration, in-country reviews and reporting. The program will also rely on Logoport®, Lionbridge's Web-architected translation memory technology to facilitate real-time collaboration among all project participants and to assure quality. Because Freeway and Logoport are Web-based, the biotech company can take advantage of the benefits of technology without having to buy, deploy or maintain translation software.

"This new contract is indicative of strengthening demand for Lionbridge services and reflects the value we bring to multinational corporations that need to harmonize processes and manage complex requirements while serving customers worldwide," said Rory Cowan, CEO, Lionbridge. "By integrating our market leading products and services across the enterprise, Lionbridge offers a complete managed service model for multilingual con
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SOURCE Lionbridge Technologies, Inc.
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