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Conversis Achieves Record Revenues for Three Consecutive Months


Tuesday, 25 July, 2006

OXFORD, England

Conversis, one of the world's leading providers of globalization, internationalization, localization and translation services, reports that following a record month in June, the company expects to have reached record revenues for the third quarter 2006.

Since the company's inception in 2003, Conversis has swiftly launched into new markets and has served over 100 clients in a variety of industries including pharmaceutical, IT, medical, transportation and aviation, among others from around the world. In this current quarter, Conversis' revenue growth will mark a 60 percent increase from last year at this time.

"Aggressive, yet strategic growth has been key to our success," said Gary Muddyman, CEO and managing director. "We are constantly exploring new opportunities to better our services to attract new clients. In addition, we have historically maintained and grown our existing client-base, so our future growth also rests on continuing to provide excellent service and results."

Over time, Conversis has created several programs which have helped contribute to the company's success. With programs such as The Conversis Marketing Voice, Cultural Commentaries, Internationalization and Localization testing software, Access CEE, Procurement Services and the newly announced Public Sector Division, clients have been offered a variety of ways to localize and translate materials which tailor to their individual needs.

In addition, the Preferred Referred Programme, which was created earlier this year and built on Conversis' success through referrals from both existing and prospective clients, allows contacts to refer a new client to Conversis, thus awarding a 10 percent discount on all project fees in return.

Muddyman attributes the success of the business solely on his team. "All businesses, particularly those in a service sector are dependent on the performance of the individuals in the team. My recipe for success has always been to recruit the best in the industry and provide them with the right tools to do the job. Once that is accomplished, increased profits and revenues tend to happen on there own. I am fortunate to lead a team, which I consider to be one of the best in our industry."

"As we continue to develop the company and our profile in the industry, it becomes increasingly important to not only bring in new business but also cultivate relationships with our existing clients," said Gary Muddyman, CEO and managing director. "I believe as we continue to provide a superior level of service to our clients, we will continue to increase our revenues and bring Conversis to a level which sets it apart from the rest of the industry," said Muddyman.

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