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Press Release

eTRANSLATE RELEASES LATEST VERSION OF ENTERPRISE-LEVEL APPLICATION TH
AT DELIVERS POWERFUL TOOLS FOR MANAGING INTERNATIONAL WEB CONTENT
eTranslate GlobalLinkTM 2.0 Delivers Dynamic Localization Management Technology To Fortune 1000 Companies Seeking An Advantage In International Markets

San Francisco, California -- May 21, 2001 -- eTranslate, Inc. today launched a more powerful version of its software application, eTranslate GlobalLink 2.0TM, significantly improving the localization management process for companies that are profiting from growing international markets by employing globalized Web sites.

GlobalLink is a localization management system that provides companies with the technology necessary to effectively administer an international Web site. By streamlining the localization process, GlobalLink can boost return on investment by reducing the amount of time, and resources, needed to launch local content, streamline project management and eliminate costly errors while not disturbing existing production systems.

Key new features include:

Flexibility and Scalability. GlobalLink works with many platforms and configurations, and supports most major file formats. GlobalLink accesses content from file systems, databases, and content management systems. Leverage Existing Technology. By integrating with leading content management systems and proprietary systems, GlobalLink allows companies to leverage existing technology investments and digital content. Automate Critical Business Processes. GlobalLink's workflow system offers significant operational value by automatically executing critical business processes. The enhanced workflow system assists the content owner in ensuring the message or branding is correct.

"Web globalization is one of the top priorities for the Fortune 1000 as they look for new ways to increase their revenues during the economic unrest the U.S. is facing," said Janet Heppner, President and CEO of eTranslate. "GlobalLink is an integral piece of our enterprise-level solution that can be deployed as a powerful stand-alone technology to assist companies that have already implemented international sites."

"The ability to update and change numerous multilingual sites simultaneously using technology that doesn't deplete resources from our Web department while allowing us to move quicker into additional international markets is a significant advantage," said Terry Waters, COO of ScreamingMedia. "As we continue to expand our service offerings and develop our international Web site, GlobalLink has the flexibility and strength to grow with our business."

According to IDC, by 2005 Internet Commerce will reach $3 trillion outside the U.S. and overall spending will reach $5 trillion. Of that $5 trillion being spent, over $4 trillion will be spent on B2B Internet commerce. Currently the Internet is growing faster outside the U.S. and will continue to do so through 2005. Western Europe and Asia Pacific will demonstrate the highest percentages of growth in Internet users and commerce over the next 4 years.

GlobalLink facilitates the localization services component of eTranslate GlobalWebSM, eTranslate's total solution approach to addressing a company's Web globalization needs. GlobalWeb combines the expertise of eTranslate's Globalization Consulting group, GlobalLink software, and eTranslate's extensive localization resources. This enterprise-level solution enables eTranslate to serve as the single point of contact for a company's Web globalization needs.

The implementation of GlobalLink is simplified by the development of the Administration Tool. Once administrators are guided through the five-step installation process, global applications are configured, saving valuable resources.

About eTranslate eTranslate is an enterprise-level services provider that helps companies build international Web sites through globalization consulting, localization management software, and in-country localization specialists. By offering a complete solution, eTranslate works in partnership with companies to systematize their Internet business models to compete in global e-markets. The industry's only integrated solution for Web globalization is supported by GlobalLink, eTranslate's localization management technology. eTranslate works with industry-leading companies including eBay, GE, and Microsoft. eTranslate, Inc. is headquartered in San Francisco and has offices in Berlin, London, New York, Paris, Santiago, Sao Paolo, and Tokyo. More information can be found at www.eTranslate.com.

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