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Strategies & Market Trends : HOT STOCKS 100% 200% 300% profits possible short term

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To: shawn a. becker who wrote ()2/16/2000 9:35:00 AM
From: loafy loaf  Read Replies (1) of 2038
 
Wednesday February 16, 6:59 am Eastern Time
Company Press Release

SOURCE: Lionbridge Technologies, Inc.

Lionbridge Joins Forces With Akamai to Provide Superior Global e-Business Solutions

-- Strategic Partnership Enables Businesses to Deliver Multilingual Content with Unmatched Speed and Performance --

WALTHAM, Mass., Feb. 16 /PRNewswire/ -- Lionbridge Technologies, Inc. (Nasdaq: LIOX - news), a leading provider of multilingual Internet services to global technology businesses, today announced that it has entered into a strategic alliance with Akamai Technologies (Nasdaq: AKAM - news), the foremost provider of Internet content, streaming media, and applications delivery services, to cooperatively market global eBusiness solutions to clients worldwide. Through this partnership, Lionbridge and Akamai will offer clients a comprehensive globalization solution, enabling them to deliver multilingual content in a high-performance, reliable environment.

``Successful companies realize that in order to take full advantage of the Internet's global reach, they need to provide Web-based products and services in local languages and cultural formats,' said Rory Cowan, CEO of Lionbridge. ``Our focus on multilingual eCommerce, eSupport, eLearning and eRelease services, and our expertise in workflow technology, combined with Akamai's powerful FreeFlow(SM) content delivery services, enable us to offer customized global eBusiness solutions.'

Lionbridge integrates its worldwide network of engineers, linguists and project managers with proprietary workflow technology to provide a complete solution for creating and maintaining local language products and knowledge bases. Forrester Research predicts that by 2003, businesses will place orders totaling $3.2 trillion worldwide via the Internet. Akamai provides businesses with dependable, high-performance delivery of rich Web content, streaming media, and Internet applications. Through this partnership, which includes co-operative marketing, customer referrals and exchanges, and joint solutions, clients can now take advantage of the unmatched Web performance offered by Akamai as they work with Lionbridge to meet their globalization objectives.

``At Akamai, we are proud to partner with the most innovative and successful companies in the industry, and Lionbridge is a natural fit,' said Chris Turner, director of channel sales and programs at Akamai Technologies. ``Both companies are focused on servicing clients in a global business environment, and our complementary competencies make this a very synergistic partnership, benefiting our mutual clients.'

About Akamai

Akamai Technologies Inc., www.akamai.com, is headquartered in Cambridge, Massachusetts, and has offices in Cupertino and San Mateo, California; and Munich, Paris and London. Akamai provides global Internet content, streaming media, and applications delivery services for hundreds of customers, improving Web site speed and reliability and enabling richer, more engaging Web site content. Currently, Akamai has deployed 2,000 media servers in 40 countries across 100 different telecommunications networks. Akamai (pronounced AH kuh my) is Hawaiian for intelligent, clever and cool.

About Lionbridge

Lionbridge Technologies provides testing, localization, internationalization and other globalization and multilingual Internet services to the world's leading technology companies, including Cisco, IBM, Microsoft, Motorola, Novell, Oracle, and Sun Microsystems. Lionbridge's multilingual eRelease, eSupport, eLearning and eCommerce services are based on its Rapid Globalization Methodology(TM). The Rapid Globalization Methodology(TM) integrates engineering, linguistics, testing, and project management with automated workflow management to enable simultaneous worldwide release, via the Internet, of products as well as related customer support, training, and marketing materials. Based in Waltham, Massachusetts, Lionbridge maintains facilities in Ireland, The Netherlands, France, China, South Korea, Japan and the United States. To learn more, visit lionbridge.com.

SOURCE: Lionbridge Technologies, Inc.

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and News: Akamai Technologies Inc (NasdaqNM:AKAM - news)
Lionbridge Technologies Inc (NasdaqNM:LIOX - news)

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