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The World Economic Forum Announces Technology Pioneers 2008: Transclick Selected
[November 29, 2007]

The World Economic Forum Announces Technology Pioneers 2008: Transclick Selected


NEW YORK, Nov. 29 /PRNewswire/ -- The World Economic Forum today announced 39 visionary companies selected as Technology Pioneers 2008. Transclick has been selected as one of these Technology Pioneers. The Technology Pioneers 2008 were nominated by the world's leading technology experts, including venture capitalists, technology companies, academics and media. The final selection from 273 nominees was made by a panel of leading technology experts appointed by the World Economic Forum. Robert E. Levin, representing Transclick as a Technology Pioneer 2008 will participate in the World Economic Forum Annual Meeting 2008 that will be held in Davos, Switzerland, from 23-27 January and in the Annual Meeting of the New Champions that will be held in Tianjin, People's Republic of China from 25-27 September 2008.



One of this year's Technology Pioneers, Transclick enables global text messaging across the language barrier, leading innovative development of best- of-breed applications for real-time language translation of Email, Short Message Service (SMS), Instant Messaging, websites, blogs, search results and voice mail to and from English and 16 languages, at 400+ words per second. Transclick's patent offers mass customization of dictionaries containing over 10 million words with topic-specific connotations matched with their foreign language counterparts for higher accuracy and context sensitivity than free online translation. Slang, idiomatic expressions, industry glossaries and even acronyms can be added to the topical and customer-specific dictionaries and voice recognition and text to speech generation can be added to the user interface. You type or speak English, they read or hear Spanish, they type or speak Spanish, you read or hear English, in 16 languages, on your mobile phone! Transclick's Developer Program enables every web service to globalize by seamlessly embedding access to language technology in real-time. See: http://www.transclick.com/

Robert Levin, CEO of Transclick, said: "We are delighted to be recognized for the first time by the World Economic Forum. This strengthens our standing as a technology leader, and it is an honour to be recognized by a remarkable organization that brings together world leaders to foster innovation in global collaboration." Robert Levin added, "Transclick's universal translation API and platform can enable mobile web services and web-based applications to access and disseminate text messages, news, emergency messages and other time- sensitive content to be instantly understood in one's home language or sent in another language.


Initially funded by a grant for computerized speech translation on a mobile platform from the US Army Small Business Innovation Research Program, Transclick has won several awards for innovation and after years of successful R&D, is now gaining commercial traction and is poised for a break-out year with a series of major deals in the sales pipeline.

Transclick is a software service designed to translate instant messages, text messages and emails into any of 16 languages, in real time, via the internet or mobile phone networks. The technology has the potential to improve, and as millions adopt the technology, revolutionize business and personal communication globally and represents a powerful tool for collaboration within global companies. It also provides over 127 market- specific dictionaries, enabling messages to be translated within a specific professional context, such as finance, medical, legal and computer-related terminology among others.

Transclick also offers voice recognition and speech generation options for voice portals, while other developments include closer integration with online collaboration tools from Google, Microsoft, AOL, Yahoo and Skype. The service is available in English, Arabic, Chinese, Farsi, French, German, Hebrew, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Turkish and Ukrainian.

Why this company is a pioneer
Transclick offers a powerful, patented solution for immediate language translation via the internet or a mobile network, with customized linguistic terminology for higher accuracy than free online services, which promises to boost business and personal communications across major language groups globally.

Transclick also offers developers a license to this technology's API to globalize collaboration services by seamlessly integrating best-of-breed real- time multilingual communications technology with email, instant messaging and mobile SMS to break the language barrier. Transclick is available for Skype, Blackberry, i-Phone, Nokia, Motorola and other mobile platforms with Java user interfaces and soon, Microsoft Mobile 6.0, Symbian and BREW applications downloadable via the mobile browser.

Robert Levin, CEO of Transclick said today, "We are excited to add new language pairs from leading automatic translation vendors with context- sensitive glossaries and 100% accurate phrase books, in order to enhance the quality of real-time translation of instant messaging over mobile and web- based platforms. This will benefit a global, mobile marketplace that is ready and eager to collaborate across language barriers as a way to save time, money and lives." "One of our more ambitious goals is to create a commercial market for speech translation over mobile handsets to enable everyone to speak in several languages about a variety of topics."

About Transclick
Transclick has been recognized by IBM, Motorola and Nokia and has received important and 1st place awards from Skype, RIM, Orange, the CTIA Wireless Association, the New Jersey Technology Council and the Telecommunications Industry Association as the leader in mobile multilingual application technology. Transclick successfully completed Phase I and II of the US Army Research Laboratory's Small Business Innovation Research Program creating innovations in English to Arabic speech to speech translation on mobile handsets. A patent was issued to Transclick for real-time language translation in February 2006. See Transclick's flash demos at: http://home.transclick.com/products and press room at: http://home.transclick.com/press

Transclick plans to market translated instant messaging with context- sensitive dictionaries via portals and mobile devices to the military for collaboration between allies. It is also marketing to web-based communication applications for travel and hospitality industries, such as the concierge desk in major hotel chains, as well as in global education, and diplomacy. Transclick also intends to market its Developer API Program to open mobile platforms and social networking platforms as well as e-commerce platforms to enable global collaboration, cross-border e-commerce, cultural exchanges and friendship across the enormous language barriers in Asia, Latin America, Africa, Europe and the Middle East. Over 200 million non-English speaking people are going online every year. Transclick is targeting over 1 billion people on the mobile internet who do not speak any English yet need to communicate with English-speaking tourists, exporters, importers, educators, health care providers and NGOs. Transclick welcomes new partners and clients to contact: sales@transclick.com or call 1-212-751-5150.

About the World Economic Forum
The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas.

Incorporated as a foundation in 1971, and based in Geneva, Switzerland, the World Economic Forum is impartial and not-for-profit; it is tied to no political, partisan or national interests.

The entire list of Technology Pioneers and interviews with the CEOs of the selected companies can be found here: http://www.weforum.org/techpioneers/2008.

Transclick

CONTACT: Robert Levin, CEO of Transclick, Inc, +1-212-751-5150 Ext. 5,robert@transclick.com

Web site: http://www.transclick.com/http://www.weforum.org/

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