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GLOBALSIGHT AND TRANSLATIONS.COM FORM STRATEGIC ALLIANCE

"Together, we can deliver a complete solution for faster globalization time, reduced translation costs and improved translation quality and consistency," said Martha Geller, vice president of globalization strategies for GlobalSight. GlobalSight's software enables companies to effectively manage their Web presence in the language and culture of worldwide markets. "Translations.com, which offers leading Internet globalization and multilingual e-business solutions, routinely works with complex subject matter, under tight deadlines," Geller continued. "Their expertise will enable our customers to continuously maintain a sophisticated global Web presence to compete in the global online marketplace."

"GlobalSight's superior linguistic technologies, infrastructure and globalization project management will help our customers expedite the implementation of their global e-business initiatives," said Liz Elting, co-chief executive officer of Translations.com. Translations.com provides e-business globalization solutions to enable companies to communicate and conduct e-commerce in international markets via the Internet and wireless networks. "GlobalSight is the ideal partner for us as we focus on the strategic needs of organizations seeking to communicate and conduct e-commerce in international markets."

About GlobalSight

GlobalSight is the leading provider of enterprise software for accelerating global business on the Web. The company's products provide the infrastructure, process and linguistic technologies required for companies to create and maintain a Web presence in the languages and cultures of worldwide markets. The company is funded by Draper Fisher Jurvetson, J.H. Whitney & Company, Hikari Tsushin Inc. and 3i Corporation. Customers include 3Com (NASDAQ: COMS), Palm Computing, Cisco Systems (NASDAQ: CSCO), G.E. Information Services (NYSE: GE), Samsung and PeopleSoft (NASDAQ: PSFT). Visit GlobalSight at www.globalsight.com, or e-mail info@globalsight.com

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.