RIVER FALLS, Wis., Oct. 17, 2011 (GLOBE NEWSWIRE) -- Sajan, Inc. (OTCBB:SAJA), one of the 50 largest global providers of language services and translation management software in the world, today announced the completion of an acquisition of the New-Global Group of companies. This strategic acquisition gives Sajan a more formal presence in Canada and expanded capabilities in Europe, two of the largest translation markets in the world. Included in the acquisition will be a number of advanced technology assets from New-Global's U.S. operations. The acquisition also gives Sajan a strategic entry point and leading technology platform in the rapidly growing, high margin phone interpreting market.
New-Global is a provider of multilingual communication services and technologies - serving clients in the United States, Canada and Europe through offices in Montreal, Canada and Madrid, Spain. The organization achieved approximately $1.6 million in revenue in 2010.
"We are very excited to grow Sajan through the acquisition of the New-Global Group," states Shannon Zimmerman, CEO of Sajan. "We will work to continue to nurture and expand the client relationships that New-Global has developed over the years. I am confident that these clients will find added value in the benefits that the combined companies can provide to them."
"Sajan is a great fit for New-Global's clients, who are accustomed to a high level of personalized service and quality," says Greg Tapper, president and CEO of New-Global. "Our clients are excited about the additional service offerings and global capabilities that Sajan will provide to them in the years ahead. Also, by acquiring New-Global's leading crowdsourced translation technologies and phone interpreting platform, Sajan is positioned for exciting growth opportunities in the mass market."
Sajan will work quickly to integrate the two organizations – ensuring that New-Global clients continue to receive the high level of service they have come to expect.
Through the transaction, Sajan, Inc. acquired three separate entities, New-Global Corporation Canada, Inc.; New-Global Europe, S.L.; and certain assets of New-Global LLC in the U.S.
About Sajan
Sajan is a leading provider of global language translation and localization services, helping clients around the world expand seamlessly into any global market. The foundation of our solution is our industry leading language translation management system technology – GCMSTM – which provides process automation and innovative multilingual content reuse to provide schedule predictability, higher quality and cost efficiencies to our clients. By working closely with our clients, Sajan's experienced team of localization professionals develop tailored solutions which provide flexibility to any large or small business who truly desires to "think globally, but act locally." Based out of the United States, we also have offices in Ireland, Spain and India. Sajan is publicly traded under the symbol SAJA.OB. Learn more about Sajan at www.sajan.com.
About New-Global
New-Global is a rapidly growing company that provides multilingual communication solutions to Fortune 1,000 companies worldwide, and has offices in the U.S., Canada, Europe, Asia and Latin America. Through its industry leading translation services and advanced technology systems, and multilingual call center services, New-Global helps the world's leading global companies and organizations communicate and manage information in the new global business environment. Its market leading services range from multilingual communications to document translation, phone interpreter services, multilingual call center services, and other leading global communication solutions. For more information, visit www.new-global.com.