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Sajan, Inc. (SAJA) Recording Strong Financial Growth in Booming Language Services Industry

Sajan is a leading provider of global language translation services, supplying clients around the world with the means to seamlessly expand into any global market. Using the company’s proprietary language translation management system technology, Transplicity, clients gain access to a cloud-based tool designed to simplify the translation workflow process through the use of an industry-leading combination of top-notch performance, versatility, scalability and cost savings. In April, Sajan improved upon the marketability of Transplicity by adding a groundbreaking terminology management feature, which is specially designed to allow users in all locales to preserve brand identities and messaging through the creation of product-specific glossaries of terms, ensuring consistent use of branding across all marketing efforts.

“This terminology management feature is our latest enhancement to Transplicity, the most personalized and flexible translations management system on the market,” Stephen Homes, vice president of technology at Sajan, stated in a news release. “We’ve already received very positive feedback from our clients, and it paves the way toward even more features we’re adding down the road.”

As an established player in the language services industry, Sajan is in a strong position to promote sustainable growth in the years to come. According to a report by Common Sense Advisory, an independent market research institute, the worldwide language services market accounted for approximately $23.5 billion in revenue in 2009, and by 2013, that figure had grown to just short of $34.8 billion. This rapid growth is expected to continue in the future, with the market forecast to reach $43 billion in 2016.

In recent months, Sajan has capitalized on the performance of the market by posting strong financial results. In the first quarter of 2015, the company recorded $7,481,000 in revenues, realizing a 22 percent year-over-year improvement. These results marked the ninth consecutive quarter that the company has achieved a double-digit increase in overall revenue.

“I am extremely pleased with our continued revenue growth and improved profitability,” stated Shannon Zimmerman, chief executive officer of Sajan. “The spirit of the company remains very high, and we are aggressively fixated on our objectives. I could not be happier with the great work our global staff is delivering.”

In June, Sajan built on its recent performance when it announced the formation of a long-term partnership with Stanley Black & Decker (SWK) to provide global language translation services. This arrangement is expected to encompass website content, user manuals, packaging, eLearning and other vital, brand-specific translations in over 20 different language pairs.

For prospective investors, Sajan’s recent growth, as well as the near limitless expansion potential offered by the global language services market, makes it an intriguing investment opportunity in the coming months. Look for the company to continue refining and improving its proven technology, providing a platform upon which to build sustainable shareholder value moving forward.

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