TranslateMedia attracts US investors and launches New York office
Released on: April 9, 2008, 3:45 am
Press Release Author: Patrick Eve
Industry: Advertising
Press Release Summary: TranslateMedia - an award winning translation and localization company with offices in London, Paris and Brussels- officially launched its office in New York this week. TranslateMedia also secured a strategic investment from the US venture capital fund NHI II LLC.
Press Release Body: Managing Director Patrick Eve says "We are delighted to have NHI II on board as strategic partners in TranslateMedia as we launch our operations in the single most important market in translation and localization in the world. Their team brings a huge amount of local know-how and experience to the table and they have really helped us to hit the ground running."
Dave Hadani, NHI II's CEO remarked "We have been studying this space for some time and have been keen to get involved in an important and fast growing part of international trade. We were immediately impressed by TranslateMedia's management and approach to this industry and felt that their innovative workflow tools and strong approach to translation as a service industry gives then a significant competitive edge. Clients seem increasingly motivated by quality, speed, price, service and confidentiality when choosing a supplier and TranslateMedia seem to address these issues better than other companies that we examined."
In 2007, TranslateMedia became one of a shortlist of agencies to be awarded the European Standard in BS EN 15038: 2006, the first standard to define quality assurance guidelines for translation service providers. "The company's unique web-based technology platform optimizes the delivery fast, accurate and cost effective translations services and I am confident that we will respond to the high demands of the US market in this respect".
"Our research found that existing translation providers often neglected important areas of business such as client confidentiality, IT security, round the clock helpdesk facilities, and were generally not in touch with their clients' requirements and working methods", says Hamish Wood, TranslateMedia's US country manager. "TranslateMedia has addressed these issues and further enhanced by TranslateMedia's integration to translation memory supplier MemoQ We therefore positioned TranslateMedia to satisfy the requirements of business in the 21st century".
According to Operations Manager, Matt Train, "Our technology has been developed for use by everyone in the translation process to facilitate a quick and efficient service. Our platform is like a Command and Control centre, enabling our client to receive real time information on their jobs, and delivering top quality service at a surprising speed. Achieving, and in many cases surpassing, the requirements of the British Standard reflects the outstanding competence of our internal processes, as well as our commitment to providing a quality service."
Notes to the editor TranslateMedia is a fast growing and innovative digital document translation company focused on servicing the most demanding customers. TranslateMedia has become the fourth UK-based agency to be awarded British Standard BS EN 15038: 2006, the first European standard to define quality assurance guidelines for translation service providers.
TranslateMedia was founded in response to a growing market demand for a modern "service orientated" translations agency. The company is managed by both business professionals with years of experience on the client side of the industry as well as the language services professionals with extensive translation experience.
For further information please contact Jose Gutierrez , TranslateMedia's Marketing & PR manager on +33 1 75 43 92 55 or jose@translatemedia.com
A flash presentation about TranslateMedia's corporate workflow platform is available at: http://www.translatemedia.com/Clients/Tech_corporate.aspx
Web Site: http://www.translatemedia.com
Contact Details: For further information please contact Jose Gutierrez , TranslateMedia's Marketing & PR manager on +33 1 75 43 92 55 or jose@translatemedia.com 23 rue Feydeau Paris 75002 France