TransPerfect vice president to host M&A panel
Michael Sank Will Lead Session at the Association of Language Companies (ALC) Annual Conference
NEW YORK, NY (April 28, 2008) – TransPerfect, the largest privately-owned language services company in the world, today announced that Michael Sank, the company’s Vice President of Corporate Strategy, will moderate a panel of former and current translation business owners entitled Diversifying Risk and Creating Opportunities for You and Your Staff – Why Business Owners Choose to Sell their Company at the 2008 Annual Conference of The Association of Language Companies (ALC). The event will be held May 14-17 at the Hotel Nikko in San Francisco.
The ALC is a unique national trade organization representing businesses that provide translation, interpretation, localization, and language training services. A dynamic group of entrepreneurs founded the association in 2002 for the purpose of delivering timely information that generates more sales, increases profits for its members, and raises awareness of the industry.
Sank brings over 10 years of experience in the localization industry, as well as an extensive M&A track record, to the panel. As Vice President of Corporate Strategy for TransPerfect, Sank has successfully negotiated merger transactions with Crimson, ArchiText, and iSP. Working with incoming management, Sank has also contributed to the integration, retention of staff, growth, and overall success of these merger partners within the TransPerfect framework. He currently serves on the Board of Directors of the Globalization and Localization Association (GALA), and has previously spoken on M&A and international expansion at such events as Localization World and the GALA Annual Meeting.
TransPerfect Co-Founder and CEO Liz Elting noted, “As a newer member of the ALC, we’re pleased to contribute in any way we can to the success of the organization’s annual conference. The ALC should be commended for their role in raising translation industry awareness and for providing an annual forum at which industry participants can meet and exchange knowledge and ideas.”
About The Association of Language Companies (ALC)
The ALC is recognized worldwide as a trade organization representing the interests of language services companies in the United States. Its member companies translate manuals, packaging, and other materials relating to products sold in countries where English is not the primary language, and government documents, including military and intelligence materials; deliver simultaneous and telephonic interpretation in hospitals and courtrooms and at conferences; localize websites and other marketing materials; and offer foreign language instruction.
TransPerfect is a family of companies including TransPerfect Translations, Translations.com, and Deal Interactive, as well as specialized Staffing, Deposition Services, Document Management, Transcriptions, and Multicultural Marketing divisions. With 2007 annual revenue of $156 million and more than 800 full-time employees, TransPerfect is the largest privately held language service provider in the world. From over 50 offices on 4 continents, TransPerfect offers a full range of services in over 100 languages to multinationals worldwide. These services include translation, interpretation, transcription, multilingual typesetting/graphic services, staffing solutions, website globalization, software localization, subtitling/voice-overs, multicultural marketing, document management, and litigation support. With a network of over 4,000 linguists and subject-area specialists worldwide, TransPerfect is the largest translation company to be fully ISO 9001:2000 certified. TransPerfect is headquartered in New York and has regional headquarters in London and Hong Kong. For more information, please visit our websites at www.transperfect.com and www.translations.com.