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Follow on Google News | Translation Company Lands Million Dollar DealLingo24, the Boston and New York-based translation agency, has just announced a million-dollar contract with one of America’s major technology suppliers.
By: Lingo24 Ltd. “The initial phase, worth $1million, will take six months to complete. It is a highly complex project involving translation into three European languages and subsequent phases will be worth up to $6million. “More and more US companies now understand the value of foreign language internet marketing, and the potential to take advantage of growth in emerging markets. This company is no exception.” Mr Arno originally made contact with the company through a chance meeting at the South-by-South- Lingo24 set up American operations in 2008 with five employees. This has now grown to 25, and its sales grew by 75% in 2011. As one of the fastest growing translations agencies in the world, Lingo24 made The Times Fast Track 100 in the UK last year. Lingo24 provides high quality translation 24/7 in all major business sectors, with clients including MTV, American Express, Orange and World Bank. Mr Arno, an Oxford University graduate, originally launched the company in 2001 from his parents’ spare bedroom in Aberdeen, Scotland. It now operates across four continents with overseas offices in Europe, Asia, Australasia, and North America. Turnover in 2011 was $9.4 million; projected turnover for 2012 is $13 million. For more information, see http://www.lingo24us.com. End
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