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TRADOS Dev Ganesan, President & CFO 113 S. Columbus Street, Alexandria, Phone: (703) 683-6900 x12 Email: dev@trados.com
VA 22314 Fax: (703) 683-9457 Web Address: www.trados.com
Management: CEO: Jochen Hummel President & CFO: Dev Ganesan CO0: Henri Broekmate CTO: Marc Christen EVP & Internet Product Mgr. : Matthias Heyn President ofTranslationZone.com: Iko Knyphasuen Industry:. Internet software Number of Employees: # 85 Advisory Board: Compaq, SAP, Microsoft, European commission, University of Cologne Auditor: PricewaterhouseCoopers Law Firm: Hale & Dorr Amount ofFinancingSought: $5m Current Investors: Microsoft Corp. $5m for 20% stake in September97 Use of Funds:. Internet Strategy, Product development, marketingsales, distribution, etc..,
Business Description: TRADOS develops & produces branddominant suite of software tools for translation industry. The products are extensively utilized by the software industry to create foreignlanguage localized software and by internet-enabled e-commerce companies. The company is currently leveraging its core technology to Internet applications. Customers include Berlitz, Bowne, Yahoo, Siemens, SAP. Compaq, IMF, NATO, Intel, Deutsche Bank, BASF etc. Technology: TRADOS' product uses Translation Memory (TM) and fuzzy matching principle. It works like a giant memory machine, recording a translator's work and reusing it later. While the translator is working away, our product is busy building a linguistic database in the background. Whenever the same or similar pharse recurs, our product automatically suggests the memorized translation as a possible match. The suggested text can be adopted, rejected or edited by the user. As a result, similar sentences never have to be translated twice. Products/Benefits:. Trados products are open-ended and;translate all European languages as well as Russian, Japanese, __Chinese and Korean. Our products support everything from basic desktop applications to extremely complex systems used to generate high volumes of documentation. Benefits: Our industry-leading linguistic technology products automate recurrent translation work and support: enterprise-wide standardization of corporate terminology. TRADOS thus enables an efficient, productive, and profitable translation environment. Our solutions cut costs, save time, and free translators to focus on the quality, clarity and precision of more challenging and strategic documents. The European Union is the biggest translation "department" in the world, with over 2,500 translators. EU translation officials state that for certain specific types of documents, productivity increased by 100% after implementation of translation memory software.
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Internet Strategy: Leveraging its existing technology and customer base, TRdDOS is in the process of developing TranslationZone.com, an electronic marketplace for translation services on the Internet. This portal will combine TRADOS' brand-dominant software tools--that store, match, and recycle previously translated works in any language and, thereby, avoid duplicative and costly translation processes--with state-of-the-art database technology on a "reverse-auction" platform, to capture burgeoning translation exchange worldwide--currently a $10 billion to $30 billion market. TranslationZone.com will facilitate the efficient localization of products, services, and Worm Wide Web content, and manage multi-lingual communication in markets as varied as manufacturing, government, and electronic commerce. Outlook: Translation has become a mission-critical task in many areas. As trade becomes more complex and more international, the amount of documentation that has to be translated is growing exponentially. Market drivers are: e-commerce multilingual communication, product localization, globalization and, faster time-to-market. Financial Projections (Unaudited) Revenue: EBIT: : 2000 16.2 -4.3 $ in millions 2001 36.6 -13.5
2002 79.1 -6.3
2003 104.9 12.2
2004 227.3 55.4