Market-Leading BT Click for Business to Feature Lernout & Hauspie's Internet Translation Services.Business/Technology Editors BURLINGTON, Mass.--(BUSINESS WIRE)--Aug. 10, 2000 Translation Offering via ignite Application Services's Leading Small Business Web Site Dramatically Expands Exposure, Accessibility for L&H's Services; Agreement Moves L&H Further In Internet Translation Strategy Lernout & Hauspie (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : LHSP LHSP List Hosting Service Provider LHSP Left Handed Starting Pitcher ) (EASDAQ See European Association of Securities Dealers Automated Quotation. : LHSP) (L&H), today announced that ignite Application Services's market-leading BT Click for Business small business portal (www.btclickforbusiness.com), part of the BT Click for Business portfolio of services designed to get small businesses on the Internet, will feature L&H(TM) iTranslator(TM), Internet translation services. The agreement with ignite Application Services See ASP and Web services. , one of the new business units formed by the reorganization of BT, brings the L&H translation services to BT Click for Business's 70,000 small business customers. This will dramatically increase user access to L&H's machine and human translation offerings in the UK, moving L&H further towards its goal of employing the Internet as a primary delivery mechanism for its real-time translation services. L&H also recently announced availability of its translation services via Microsoft(R) Office Update Web page. BT Click for Business users can submit text and documents to L&H for translation by clicking on the link located on the Web site. L&H will immediately provide free machine or "gist" translations for documents up to one page in length. Documents that are greater than one page in length, those requiring human translation only or machine translation supplemented by human translation may be submitted to L&H for an immediate price quote. Users may opt to have documents translated to and from several different languages, including US English, French, Italian, Spanish, German, Japanese and Portuguese. Other language offerings are under development and will be made available upon completion. "According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Allied Business Intelligence Analyst Amy Basta, `between 2000 and 2005, the number of worldwide Internet subscriptions is expected to grow by almost 23% per year.' As the number of worldwide Internet users increases, so does the need for fast, easily accessible Internet-based translation services", said Florita Mendez, President L&H's Globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation and Internet Translation. "Our agreement with ignite Application Services underscores this ever increasing need and, most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , helps us deliver our full range of translation tools quickly and conveniently to this growing number of international users. Grant Broster, head of Internet for Business, ignite Application Services, said: "In a global marketplace the traditional barriers of geography are increasingly transcended by electronic methods of doing business. The BT Click for Business customer base includes users who receive or need to access information in a language other than their native tongue." He added: "L&H's online translation services will help our customers to compete more effectively by giving them the tools to quickly and easily translate business materials to and from their native language, quickly and cost-effectively." L&H's Globalization and Internet Translation L&H's Globalization and Internet Translation business group will also have access to the BT Click for Business users. This division of L&H provides document creation, human and machine translation and localization Customizing software and documentation for a particular country. It includes the translation of menus and messages into the native spoken language as well as changes in the user interface to accommodate different alphabets and culture. See internationalization and l10n. services in almost any language. In addition to Internet and intranet translation, it offers linguistic tools and services that help global companies create and adapt products, technical information and corporate messages to international markets. The division applies L&H's advanced translation and linguistic technologies to provide multilingual solutions to corporate customers competing in international markets in a more cost-effective manner. L&H iTranslator on ignite Application Services. About Lernout & Hauspie Lernout & Hauspie (L&H) is a global leader in advanced speech and language solutions for vertical markets, computers, automobiles, telecommunications, embedded products, consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and and the Internet. The company is making the speech user interface (SUI Sui (swā), dynasty of China that ruled from 581 to 618. This short-lived dynasty reunified China in 589 after 400 years of division and laid the foundation for further consolidation under the T'ang dynasty. ) the keystone of simple, convenient interaction between humans and technology, and is using advanced translation technology to break down language barriers. The company provides a wide range of offerings, including: customized solutions for corporations; core speech technologies marketed to OEMs; end user and retail applications for continuous speech products in horizontal and vertical markets; and document creation, human and machine translation services, Internet translation offerings, and linguistic tools. L&H's products and services originate in Verb 1. originate in - come from stem - grow out of, have roots in, originate in; "The increase in the national debt stems from the last war" four basic areas: automatic speech recognition (ASR (Automatic Speech Recognition) Using voice recognition to replace keypad entry for telephone voice menus. Typically used to speak the digits 0 through 9 insted of keying them, ASR systems may be able to recognize a limited vocabulary. See voice recognition and AVSR. ), text-to-speech (TTS (1) See text-to-speech. (2) (Transaction Tracking System) Software that monitors a transaction until completion. In the event of a hardware or software failure, it ensures that the database is brought back to its former state before the attempt to ), digital speech and music compression (SMC SMC Saint Mary's College SMC Santa Monica College SMC Solaris Management Console SMC Smooth Muscle Cell SMC Small Magellanic Cloud (also see LMC) SMC Safety Management Certificate (maritime shipping) ) and text-to-text (translation). For more information, please visit Lernout & Hauspie on the World Wide Web at www.lhsl.com. This News Release contains forward-looking information that involves risks and uncertainties, including statements about the company's plans, objectives, expectations and intentions. Such statements include, without limitation, discussions concerning the company's strategic direction, new product introductions and developments, and the expected developments of targeted markets. Readers are cautioned that such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. involve known and unknown risks and uncertainties that may cause actual results to differ materially than those set forth in the forward looking statements. The risks and uncertainties include, without limitation, the company's reliance on sales by its customers and strategic partners to generate recurring revenues, the early stage of the speech technology market, the management of growth, the successful integration of the company's recent acquisitions, the ability of the company and its customers and strategic partners to develop and successfully market new products, the ability of the company to enter into advantageous strategic alliances, rapid technological change and competition. The forward-looking statements contained herein speak only as of the date of this News Release. The company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in the company's expectations or any change in events, conditions or circumstance on which any such statement is based. All product names and trademarks mentioned herein are trademarks of L&H or their respective owners. About Ignite Application Services Ignite is BT's new international broadband IP business focused on corporate and wholesale markets in the UK and Continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas. , and through AT&T and Concert, worldwide. It has the largest broadband network in Europe and plans to invest around (pound)4 billion over the next three years to expand its backbone network A backbone network provides a path for the exchange of information between different LANs or subnetworks.[1] A backbone can tie together diverse networks in the same building, in different buildings in a campus environment, or over wide areas. and web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. and application service provider (ASP) capabilities. This investment also supports its strategy to provide city fibre rings, xDSL and wireless local loop broadband access See broadband and wireless broadband. across Europe. Ignite also includes BT's international solutions businesses, Syntegra and Syncordia Solutions. In the year to March 2000, total turnover was (pound)3.2 billion (this is illustrative, business reporting will be implemented March 31, 2001). Ignite businesses include both wholly owned operations and joint venture partnerships: Inmarsat; Eutelsat; Intelsat; Impsat; New Skies; Esat / Ocean; Mahindra BT; Albacom; BT Telecomunicaciones; AT&T Holdings Canada; Sunrise; Telenordia; BT Belgium; Clear; CommerceOne; VerticalNet; I.NET; Al Saudia; Vio ; Bharti-BT; The Fantastic Corporation. For further information on ignite Application Services portfolio of business solutions, visit: www.bt.com/ebusiness or call 0800 515 885 |
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