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TransPerfect Strengthens AI Capabilities with Acquisition of Language Technology Company Tauyou

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Tauyou Founder to Lead TransPerfect's Development of Neural Machine
Translation (NMT) Solutions

TransPerfect, the world's largest provider of language and technology
solutions for global business, today announced it has completed the
acquisition of Barcelona-based language technology company Tauyou.
Tauyou Founder Diego Bartolome will join TransPerfect's senior
technology leadership team as Director of Artificial Intelligence.
Financial terms were not disclosed.

Bartolome, a former board member of the Globalization and Localization
Association (GALA), combines a passion for languages with deep technical
knowledge in AI and has dedicated his career to expanding the usage of
machine translation within the translation industry as well as the
application of AI and machine learning to speech and image solutions.
Bartolome has most recently worked in an extended collaboration with
TransPerfect, where his leadership and technical acumen has played a
significant role in directing the company's research and development of
AI solutions and applications of this rapidly advancing technology. This
includes, among other solutions, TransPerfect's secure AI portal for
text and documents, industry-specialized MT applications, natural
language generation, and predictive typing for translation and content
creation.

"TransPerfect has consistently shown a commitment to investing in the
development of industry-leading technology to support our clients'
businesses as they seek to enter new markets as quickly and as
effectively as possible," said Bartolome. "I believe that TransPerfect
is the best platform to ensure that Tauyou technology can benefit the
industry and our clients, and it is the best place for me and my team to
apply our skills to solve business problems through innovative
applications of this ground-breaking technology."

TransPerfect President and CEO Phil Shawe remarked, "Through our
collaboration with Diego and the Tauyou team, we've witnessed firsthand
the power and effectiveness of their technology. We're very fortunate to
be merging Tauyou into TransPerfect's technology stack. The future holds
great potential for Diego, the Tauyou team, and for our clients looking
to drive efficiencies using AI-based tools and solutions."

About Tauyou

Tauyou is one of the leading companies in artificial intelligence for
translation, with a service offering including rule-based, statistical,
and neural MT engines. Thanks to a skilled and experienced technical
team, its machine translation solutions help companies reduce costs and
delivery times, as well as enter new markets with efficient solutions.

About TransPerfect

TransPerfect is
the world's largest provider of language
services 
and technology
solutions
for global business. From offices in over 90 cities
on six continents, TransPerfect offers a full range of services in 170+
languages to clients worldwide. More than 4,000 global organizations
employ TransPerfect's GlobalLink® Product
Suite to simplify management of multilingual content. With an
unparalleled commitment to quality and client service, TransPerfect is
fully ISO
9001
 and ISO
17100
 certified. TransPerfect has global headquarters in New York,
with regional headquarters in London and Hong Kong. For more
information, please visit our website at www.transperfect.com.

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