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Infosel Financiero Installs Globalink's Intranet Translator To Speed Translations Of Real Time Financial News For U.S. Corporate Customers.


FAIRFAX, Va.--(BUSINESS WIRE)--Sept. 16, 1998--Globalink, Inc. (AMEX AMEX

See: American Stock Exchange
: GNK GNK Gekka No Kenshi (anime) ), the world's leading provider of language translation solutions, announced today that Infosel Financiero, a Mexico-based online provider of real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example.  Mexican and international financial news, has licensed Globalink's Intranet Translator(TM) in order to gain competitive advantage by translating from Spanish to English real-time Mexican and Latin American news The American News is a newspaper in Aberdeen, South Dakota, published by Schurz Communications of South Bend, Indiana.

Schurz bought The American News from The McClatchy Company in June 2006 after McClatchy acquired Knight Ridder, the
 for U.S.-based clients.

Infosel Financiero provides online information services See Information Systems. , generating and collecting up-to-the minute economic, financial, corporate and political news from a vast network of Mexican and Latin American news sources. After installation of Globalink's Intranet Translator, Guillermo E. Cisneros, Infosel's Head of International Relations international relations, study of the relations among states and other political and economic units in the international system. Particular areas of study within the field of international relations include diplomacy and diplomatic history, international law,  said, "In our trial usage of Intranet Translator, we have found a way to provide our international customers with Mexican and Latin American news in their own language. We can now translate and deliver real-time Spanish-language news in English within 45 seconds of broadcast. Globalink has enabled us to truly streamline the translation process and consequently deliver a better service to our customers in the U.S."

David Riddick, Vice President of Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies.  for Globalink commented, "The growing number of online information subscribers and the proliferation proliferation /pro·lif·er·a·tion/ (pro-lif?er-a´shun) the reproduction or multiplication of similar forms, especially of cells.prolif´erativeprolif´erous

pro·lif·er·a·tion
n.
 of e-commerce between Latin America, the U.S. and Europe provides a constant stream of potential business for our translation software solutions. This new relationship with Infosel is an example of how we can help value added Value Added

The enhancement a company gives its product or service before offering the product to customers.

Notes:
This can either increase the products price or value.
 information services enhance their offering to international markets."

Infosel Financiero joins a growing community of corporate users of Globalink's Barcelona(TM) based machine translation technology, and is the second online wire service to install the Globalink Intranet Translator(TM) for translation from Spanish or Portuguese into English of real time international financial news. Gazeta Mercantil of Brazil installed the product in November of 1997 to accelerate their existing translation process, and since that time has experienced over 100% increase in Portuguese to English news translations generated and sold as a direct result of using Globalink's software.

Globalink Inc. (http://www.globalink.com) is the world's leading provider of computer-based language translation solutions. Globalink products and services help customers translate email, Internet/Web content, chat, and documents between English and Spanish, Portuguese, French, German, Italian, and soon into Japanese, Chinese and Russian. Products and services are available worldwide

through Globalink and a network of corporate and retail partners. In Mexico, Globalink's principal partners are Grupo Spersa (http://www.spersamexico.com.mx) for corporate solutions and Funny Life (http://www.funnylife.com.mx) for retail products.

For more information, please contact Globalink at 1-800-255-5660 (outside the U.S. call 703-273-5600 or visit http://www.globalink.com. For more information on Infosel Financiero call 525-726-0070 or visit http://www.infosel.com.mx.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 16, 1998
Words:448
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