TransPerfect Named Fifth Fastest-Growing Women-led Company in America by the Women Presidents' Organization and American Express
NEW YORK, April 29, 2010 – TransPerfect, the world’s largest privately held provider of translation services and technology, today announced that it has been ranked #5 on the WPO’s annual list of the “Top 50 Fastest Growing Women-Led Companies” in the US, which is sponsored by American Express OPEN.
TransPerfect is a Women-Owned Business certified by the Women’s Business Enterprise National Council. Founded in 1992, the company continues to be led by co-founder Liz Elting, who manages day-to-day operations of the firm. Having generated over $220 million in revenues for 2009, TransPerfect was one of the top two companies on the WPO’s ranking in terms of revenue. Elting stated, “I am extremely honored to be listed among this incredible group of female entrepreneurs and business owners. It’s clear that women-led businesses are thriving and will continue to contribute significantly to innovation, job growth, and our overall economic recovery.”
The WPO compiled its third-annual ranking using a formula that combines percentage revenue growth and absolute growth. To qualify for this ranking, businesses are required to be privately held, woman-owned/led companies in the U.S. or Canada and have reached revenue of at least $500,000 by the first week of 2005 and $2 million in 2009. Roughly 400 companies applied to be included on this year's list.
With revenue of over $220 million, TransPerfect is the largest privately held language services provider in the world. From 58 offices on 4 continents, TransPerfect offers a full range of services in over 100 languages to multinationals worldwide. With a global network of over 4,000 linguists and subject-area specialists, TransPerfect is the largest translation company to be fully ISO 9001:2008 and EN 15038:2006 certified. TransPerfect is headquartered in New York and has regional headquarters in London and Hong Kong. For more information, please visit our website at www.transperfect.com.
About the Women Presidents’ Organization
The Women Presidents’ Organization (WPO) is the premier peer advisory organization which internationally connects top women entrepreneurs at the multimillion-dollar level ($2 million in gross annual sales or $1 million for service-based business) for greater professional success. In monthly meetings across four continents, chapters composed of 20 accomplished women presidents from diverse industries and backgrounds invest time and energy in themselves and their businesses to drive their corporations to the next level. For more information, call 212-688-4114 or visit www.womenpresidentsorg.com.
About American Express OPEN
American Express OPEN is the leading payment card issuer for small businesses in the United States and supports business owners with products and services to help them run and grow their businesses. This includes business charge and credit cards that deliver purchasing power, flexibility, rewards, savings on business services from an expanded lineup of partners and online tools and services designed to help improve profitability. Learn more at www.OPEN.com and connect with us at openforum.com and http://twitter.com/openforum.
American Express (NYSE:AXP) is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at www.americanexpress.com and connect with us on www.facebook.com/americanexpress, www.twitter.com/americanexpress and www.youtube.com/americanexpress.