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Technology Stocks : LIOX - Globalization for the Internet
LIOX 5.7500.0%Mar 1 4:00 PM EST

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From: JakeStraw4/21/2010 10:01:32 AM
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Lionbridge Awarded Contract by Department of Homeland Security for Over the Phone Interpretation Services; Expects Contract to Generate Approximately $7 Million
finance.yahoo.com

WALTHAM, Mass., March 8 /PRNewswire-FirstCall/ -- Lionbridge (Nasdaq:LIOX), today announced that the United States Department of Homeland Security (DHS), US Citizenship and Immigration Services has selected Lionbridge as its provider for over-the-phone interpretation services. The contract includes one base year with four option years.

Working with Lionbridge will enable the US Department of Homeland Security to continue to effectively and efficiently communicate with individuals across a wide array of nationalities. Lionbridge secured the new contract based on its history of providing excellent service for DHS and its range of language expertise, including the ability to support many rare languages. DHS also relies on Lionbridge to provide qualified interpreters who have the necessary security clearances and language skills which is critical to the success of the DHS program.
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