Lingotek Introduces World's First Translation Marketplace

LEHI, UT--(Marketwire - Jun 26, 2012) -  Lingotek | The Translation Network and leader in collaborative translation solutions, today announced the launch of the Lingotek Translation Marketplace, the first complete, in-platform professional translation staffing and workflow system of its kind.

The Translation Marketplace gives Lingotek customers the ability to find translation freelancers that provide a variety of services, including desktop publishing, interpretation, post-editing, project management, review, software and website localization, subtitling, transcription, vendor management and voice-over work from around the world, on demand, send and receive projects, and compensate them, all from within a single content management system (CMS) or social business platform, be it Oracle WebCenter, Jive, Drupal or Microsoft SharePoint. With The Translation Marketplace automating what has historically been a time-consuming and labor-intensive process of finding, vetting and assigning projects to professional translators, Lingotek customers can now experience the multitude of benefits associated with full-service professional translation within their own CMS and workflow. 

"Professional translation is the core piece of our business, and we want to ensure that our enterprise customers receive the most optimal experience possible," said Rob Vandenberg, president and CEO, Lingotek. "Designed with this in mind, The Translation Marketplace serves as a benchmark of Lingotek's unwavering dedication and commitment to the translation community and is a reflection of the natural evolution taking place in the global translation market. We are excited to be on the cutting edge of a movement, one that empowers enterprises to access a distributed workforce of translation professionals from directly within their software platform."

When Lingotek customers submit professional translation projects, Lingotek will automatically post them to the ProZ.com network of 550,000 plus professional freelance translators, the world's largest database of professional translators. From within Lingotek, enterprise customers can select a translator with the desired language skills, reputation and industry expertise to successfully complete their project in a cost-efficient manner. Also, customers can either choose to manage the workflow internally or outsource those communications to Lingotek.

Upon completion of a translation project, Lingotek returns it to customers within their own CMS or social business interface. The net result is an unparalleled time- and energy-efficient professional translation system in the industry.

"ProZ.com is dedicated to providing translators and translation companies with opportunities to expand their businesses," said ProZ.com President, Henry Dotterer. "The new Lingotek system represents an additional channel for our members to meet new clients, while enabling enterprises with translation needs to access the services of a large number of specialized professionals in a very efficient manner."

For more information on the Lingotek Translation Marketplace, please visit (http://www.lingotek.com/translation_marketplace) or visit Lingotek (www.lingotek.com) on Twitter and Facebook. For logos, executive pictures, screenshots, presentations, demos and other media, visit Lingotek's media kit.

ABOUT LINGOTEK

Lingotek | The Translation Network gives enterprise business customers new ways to engage their global communities by providing trusted, rapid translations to expand and grow business in a cost effective way. Its exclusive web-based Collaborative Translation Platform™ represents the next step in the evolution of translation through technology and community involvement. Today, global organizations, intelligence agencies and government entities use the platform, saving time and resources on projects ranging from a few pages to several volumes. Lingotek also offers professional translation services for companies. The company is based in Draper, Utah and is funded by Signal Peak Ventures, In-Q-Tel, and Flywheel Ventures.

ABOUT PROZ.COM

ProZ.com is home to the world's largest translator network. With over 550,000 professional translators and translation companies -- and no fees or commissions for clients -- ProZ.com offers the largest directory of professional translation services. Freelance translators work in Spanish, German, Italian, Chinese, Arabic, Japanese and other languages, and specialize in legal, medical, technical and other fields. As the translation industry's leading workplace, ProZ.com is the leading source of translation jobs and translation work for freelancers.