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11.11.2004

PROMT Announces Opening of PROMT GmbH, German Subsidiary Company

For immediate release

Press contacts:
Alexander Andreev
Tel: +7 (812) 331-7540
Email: Alexander.Andreev@e -promt.com

PROMT is expanding and has opened a subsidiary company in Hamburg, Germany .

Hamburg, Germany - Nov . 11, 2004 - PROMT, the leading provider of machine translation technologies, today announced the opening of its German subsidiary PROMT GmbH www.promt.de, headquartered in Hamburg.

Since 1996, PROMT operations have served Germany through distributors and resellers. Establishing the subsidiary in Germany enables PROMT to promote local sales network that will focus on retail sales. By having a direct presence in DACH markets, PROMT leverages the ability to support the needs of German, Austrian and Swiss sales channels and thus to increase the sales in the region. The new subsidiary will also take over the support of all customers in the region.

PROMT customers will also significantly benefit from a presence of local company. The subsidiary in Hamburg will develop its own support, training and consulting organizations in order to provide the necessary technical, pre-sales and after-sales support to the customers.

The new German subsidiary of PROMT will promote new translation software product line: @promt 2004 Family. @promt 2004 translation software consists of a wide range of sophisticated software products and solutions to meet different translation needs. All @promt 2004 products have direct integration into MS Office 2000/XP/2003 and provide accurate translation of documents, e-mail and Web-sites. @promt 2004 fully functional desktop translation systems offer advanced customization options and intellectual self-training capabilities.

“PROMT is a globally-focused company, and so we are delighted to announce the formation of our German subsidiary company. This step is a further demonstration of our commitment to be the international company with a local presence. PROMT is expanding, and we are keen to ensure that our customers in DACH countries enjoy our superior translation services and relevant technical support,” said Mikhael Kanichev, Director of Worldwide Sales and Marketing.

Mr. Igor Jourist, Director of PROMT GmbH, states that many exciting opportunities now exist for both PROMT and its German customers. “The opening of PROMT GmbH not only allows us to provide our German customers with superior translation solutions, but also to gain more influence on DACH markets and to secure our future successful operations in the whole Europe."

PROMT expects to execute multiple contracts on DACH markets in the very near future and position itself as the premier provider of translation services and software solutions.

 

About PROMT

PROMT is a world leading provider of translation technologies. Combining the innovation and technological perfection, PROMT developed the revolutionary machine translation (MT) technology and became the technological leader in MT industry. Nowadays PROMT provides the full range of translation solutions: machine translation systems and services, dictionaries, translation memory system, data mining system for all kinds of business, professionals and Internet/Intranet.


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