Lloyd International Translations Half Year Update

Half year ended June 2010

The significant growth which Lloyd International Translations (LIT) experienced in 2009 has continued through to 2010. Here are some of LIT’s key performance highlights from the first half of 2010:

Translated over 28 million words in the first 6 months of 2010

Increased translation project sales by 21.3% in the first half of 2010 compared with the first half of 2009

Achieved significant growth in a number of industry sectors: heavy plant and materials processing, inspection and safety equipment, electrical engineering

Successfully achieved ISO 9001:2008 re-certification

Passed 3-yearly Investors in People audit

Appointed new Operations Director, Liz Athey, who presented at the “Languages Futures” event held for languages students at the University of Salford in February

Recruited 6 new employees for LIT’s Operations Team, all supporting LIT clients with a significant number of new staff members being native German speakers

Through the company’s student work placement programme, employed a number of under and postgraduate language students this summer

Launched online access to the glossary management system for many LIT clients using SDL MultiTerm™ Server

Mike Lloyd, LIT Chairman and CEO, comments “It still remains a challenging economic environment as many clients are still struggling with the economic downturn. Overall, LIT has achieved sustained growth by continuing to deliver high quality technical translation services to our existing clients as well as gaining new clients.” Mike continues “We are really pleased to have so many new talented people join the LIT team. As the business grows, our teams must grow too. I fully support our student programme where under and postgraduate language students can gain vocational experience by working at LIT, ultimately benefiting their studies and careers. I am pleased with our performance in 2010 so far. Our ongoing priority remains continuous improvement in quality and service and continued profitable growth.”