Alchemy Software announces partnership with Language Technology Centre

Alchemy Software to offer LTC Organiser at significantly reduced rates to its customer base

LONDON– June 19, 2001–Alchemy Software Development Limited, a leading translation tools provider, announced a partnership with the Language Technology Centre Ltd, a developer of project management applications for the localization industry. Alchemy's customers will get a ninety day, fully functional trial version of LTC Organiser™ and qualify for a 25% discount from the purchase of their first LTC Organiser™ license.

Alchemy CATALYST 3.1 is a globalization environment designed to boost the efficiency and quality of globalizing software products and is used by over 270 software development and globalization companies worldwide. Over 7,000 professionals worldwide ranging from translators, software engineers, quality assurance specialists and project managers use Alchemy CATALYST.

The Language Technology Centre developed their LTC Organiser to support their project managers in the highly complex and challenging task of delivering multiple languages of software products and web sites to their international markets. It provides a complete project management environment to structure, plan and deliver multilingual projects smoothly and efficiently.

“When compared to other Project Management applications in the highly specialized field of localization”, said Tony O'Dowd, CEO of Alchemy Software Development, “LTC Organiser™ is clearly a leader. It provides not only scheduling functionality but also automatic invoicing, payment tracking, and reporting facilities. It's because of this multiple functionality that we selected it and bundled it with Alchemy CATALYST 3.1. Now our customers will receive even more value when they select an Alchemy product for their localization solutions.”

“We're delighted to offer Alchemy's customers this unique opportunity to avail of our technology at a discounted price”, said Adriane Rinsche, CEO of The Language Technology Centre, “it offers them the opportunity to test our technology and determine it's unique value proposition in assisting project managers and enhancing their productivity.”

Alchemy Software Development Ltd. has its headquarters in Dublin, Ireland at Harcourt Business Centre, Harcourt Street, Dublin 2.

The Language Technology Centre Ltd. is based in Surrey, England

About Alchemy Software Development Ltd.
Alchemy Software Development is a company formed by the original developers and designers of Corel CATALYST™, an integrated translation environment and a pioneer in visual translation and engineering solutions. The founders of the company have established a company dedicated to the support and ongoing development of this technology leader.

Alchemy's technology is designed to boost the efficiency and quality of globalizing software products and is used by over 270 software development and globalization companies worldwide. With an established user base of over 4,000 users, Alchemy CATALYST is used by translators, software engineers, quality assurance specialists and project managers and is referred to as the Gold Standard in Localisation.

Corel Corporation Limited holds a 24.9% stake in Alchemy Software Development Ltd.

For more information on the company and its products, please refer to www.AlchemySoftware.ie.

About The Language Technology Centre Ltd.
LTC is a limited company based in the United Kingdom. Dr. Rinsche established it in 1992 to provide language technology solutions for customers emerging into international markets. LTC provides language services for multilingual documentation, websites and software localisation as well as localization consultancy.

The LTC Organiser™ was developed to meet the complex demands of managing multi-lingual localization projects and was released into the market in 1999.

For more information on the company and its services, please refer to www.langtech.co.uk.