MFG.com Selects Lionbridge as Localization Partner for Fast-Growing Online Marketplace
Lionbridge Freeway Platform Will Connect with MFG.com’s Dynamic, Real-Time Web Environment to Simplify Project Management and Streamline Localization Processes
WALTHAM, Mass. June 16, 2008 - Lionbridge (Nasdaq: LIOX) today announced that it has secured a relationship with MFG.com, the largest online marketplace serving the global manufacturing community. With the agreement, Lionbridge is localizing the MFG.com online marketplace into ten languages, enabling the rapidly growing marketplace to expand its global presence. Lionbridge will also support MFG.com’s future global expansion to include Japan, India and Brazil.
To manage the MFG.com localization process, MFG.com is using Freeway™, the Lionbridge web-based translation management platform. Using a simple Web Services connection, MFG.com will be able to automatically push its content directly from its content system to Lionbridge project managers for translation. Once translated, the content is automatically reinserted into the MFG.com environment. As a result the company will be able to speed its update cycles using a touch-free translation management process, and can focus on the core task of providing a global marketplace for the manufacturing community.
“By working with Lionbridge, we are able to achieve our mission to provide a central online environment for the global manufacturing community to come together and bring products to market faster, less expensively and more efficiently,” said Sherwin Krug, SVP Global Business Development, MFG.com. “We chose Lionbridge as our localization partner based on Lionbridge’s market-leading technology, knowledgeable program management team and ability to work with our dynamic, real-time web content environment. As a result, our team will be able to reduce the time and effort associated with localization while effectively servicing our customers worldwide with the highest levels of quality.”
MFG.com’s proprietary on-demand platform facilitates the complex process of sourcing and selling manufacturing services. The technology intelligently connects Buyers with Suppliers of manufacturing services while directing the collaboration, quoting, due diligence and analysis processes. The site serves as an online supplier relationship management tool that helps determine market pricing. The platform saves Buyers time by helping them source smarter by becoming more efficient at creating, delivering and tracking the RFQ process.
“We are excited to work with MFG.com to accelerate their global growth,” said Rory Cowan, CEO, Lionbridge. “The hosted model and web architecture of our Freeway platform gives MFG.com a simple way to manage their translation process and add value to their partners and subscribers without having to purchase, deploy and manage technology systems internally. This provides their teams with more flexibility while speeding global content delivery.”
About Lionbridge
Lionbridge Technologies, Inc. (NASDAQ: LIOX) is a leading provider of globalization, development 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.
About MFG.com
MFG.com is the largest global online marketplace for the manufacturing industry. MFG.com instantly and intelligently matches sourcing professionals and engineers with suppliers who have the right expertise and capacity to manufacture parts and tooling on demand in accordance with their engineering drawings and CAD files. MFG.com's on-demand service is consolidating the once- fragmented world of manufacturing into an efficient marketplace, enabling products to be sourced and built more easily, quickly, inexpensively, and at higher quality levels. For more information, please visit http://www.MFG.com.
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