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TRANSLATIONS.COM ACQUIRES GLOBALIZATION MANAGEMENT SYSTEM FROM CONVEY SOFTWARE

COMPATIBILITY WITH LEADING CMS SOFTWARE AND DATABASES PROVIDES COST EFFECTIVE MULTILINGUAL CONTENT MANAGEMENT

NEW YORK, New York, December 16, 2002 - Translations.com, inc., a leader in software localization, website globalization, enterprise language solutions, and educational publishing translation, announced today that the company has purchased a suite of globalization management applications from Convey Software (formerly eTranslate), headquartered in San Francisco, California. The transaction, which combines the industry leading localization services of Translations.com with next-generation software designed for multilingual content management, creates a compelling full service offering for companies with a significant multilingual Web presence.

The GMS applications, called GlobalLink and Ultra, integrate with leading content management systems, including Interwoven's TeamSite. By integrating with the leading CMS applications, GlobalLink and Ultra enable companies to accelerate multilingual business initiatives, streamline globalization processes and coordinate multilingual content development and review. According to John Doumani, Web Operations Manager for Interwoven, "Once our clients have installed TeamSite, GlobalLink allows them to extend the power of the TeamSite platform to their multilingual content and web applications. In fact, the combined benefits of TeamSite and GlobalLink are what prompted us to become GlobalLink customers ourselves."

Translations.com currently manages multilingual content though a GlobalLink integration with TeamSite for Avis Rent A Car. Paul Kremer, Senior Project Manager of Avis, had this to say about GlobalLink:

"GlobalLink makes it possible for us to manage our localized content with a minimum of additional resources through integration with TeamSite. I am particularly impressed with the service and the GlobalLink software, which provided an easy and automated process for the French translation of the Avis.com Website."

Translations.com was previously a service partner to Convey Software and most recently acted as a reseller of GlobalLink. "Our close relationship with Convey allowed us to become intimately familiar with the GlobalLink application suite before we acquired the software so we are completely comfortable with both the functionality of the software and the benefits it provides," said Phil Shawe, President and CEO of Translations.com. "Moreover, we have already contracted with one of our largest clients in the hospitality industry to include GlobalLink as part of their localization strategy," Shawe concluded.

About Translations.com

Translations.com is known worldwide for the quality of its software and website localization, as well as its enterprise language solutions for clients in virtually every major industry. Translations.com's business services meet the strategic needs of organizations seeking to communicate and conduct business in international markets. The company has an established global presence on three continents and continues to pioneer new techniques and technologies for the rapid development of multilingual business solutions.

Translations.com is part of the TransPerfect global group of companies. For more information, please visit www.translations.com, or email the company at info@translations.com.