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Market for Outsourced Translation and Interpreting Services and Technology to Su rpass US$33.

5 Billion in 2012 Common Sense Advisory releases its annual ranking of the top 100 global language services providers and regional rankings of the largest providers in nine major regions of the world. Boston, MA The global market for outsourced language services and technology will reach US$33.523 billion in 2012, according to a study by independent market rese arch firm Common Sense Advisory. In its annual industry research report, "Langua ge Services Market 2012," the firm details the findings of its comprehensive stu dy, identifying 26,104 unique suppliers of translation and interpreting services across 154 countries. The firm, which has published market size estimates and global rankings for the past seven years, found that the demand for language services continues, and is growing at an annual rate of 12.17%. Global trade, international business, and c ontent growth are three critical drivers for the language services industry. Thi s year, the research firm expands its list of top language services providers to 100 global companies. As part of the study, the firm surveyed more than 1,000 language service provide rs to collect actual reported revenue for 2010, 2011, and expected revenue for 2 012.

Language service providers in most regions of the world reported steady growth duri ng fiscal year 2011, and their projected growth rates for 2012 are even stronger , explained Nataly Kelly, Common Sense Advisory s Chief Research Officer. The widespr vailability of online machine translation has not decreased the demand for highquality human translation. If anything, translation technologies appear to be ac ting as a catalyst to generate more demand. The ten highest-ranked companies on the list of the Top 100 language services co mpanies, listed according to 2011 revenues, are Mission Essential Personnel ($72 5.50 million), Lionbridge Technologies ($427.86 million), Hewlett-Packard's Appl ication and Content Globalization group (US$418.00 million), SDL ($282.85 millio n), STAR Group ($149.00 million), euroscript International ($133.71 million), Ma npower Group ($113.00 million), RWS Holdings (US$105.06 million), and Welocalize (US$82.20 million). Included within the report are: * Current market size estimates for the language services industry and projected growth rates through 2015. * Rankings of the Top 100 global market leaders. * Twelve pages of critical benchmarks for language service provider financial pe rformance, including average revenue per employee, average revenue per salespers on, and average revenue per project manager, including differences by company si ze and geography. * Regional rankings of the largest translation and interpreting companies in Afr ica, Asia, Eastern Europe, Latin America, North America, Northern Europe, Southe rn Europe, Western Europe, and Oceania. Information on how to purchase the full report is available at http://www.common senseadvisory.com. About Common Sense Advisory Common Sense Advisory is an independent market research company helping companie

s profitably grow their international businesses and gain access to new markets and new customers. Its focus is on assisting its clients to operationalize, benc hmark, optimize, and innovate industry best practices in translation, localizati on, interpreting, globalization, and internationalization. For more information, visit: http://www.commonsenseadvisory.com or www.twitter.com/CSA_Research. Contact: Melissa Gillespie Common Sense Advisory Boston, MA +1 760-522-4362 melissa@commonsenseadvisory.com http://www.commonsenseadvisory.com

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