Lyric Labs Scouting for Strategic Partners to Launch Low Cost Translation Service in South-East Asia

Singapore, Singapore, May 27, 2007 --(PR.com)-- Lyric Labs, a leading linguistic services company in the world has plans to enter the South East Asian markets with Singapore as its hub. The company is known for its low cost translation services through its worldwide network and access to more than 7000 native translators. The company has a substantial presence in the UK and in the UK markets, catering to some of the major companies in the aerospace, biotech, healthcare, banking and IT.

Lyric Labs, has its support centers in the US, Germany and INDIA. With more than 120 people in 40 locations, the company translates more than 100 million words per annum.

According to Mr. V. R Sasidar, Managing Director, The company’s global presence and access to native translators through e-business collaborations makes them competitive with rates that are 50-60% lower than the current prevalent rates. He also confirmed that the EU is among the fast growing markets for Lyric Labs and the demand for low cost translation is raising day by day as the local service providers couldn’t match the speedy services combined with low cost.

Lyric Labs, is interested to talk to a company in Singapore who is been in the business of translation services to partner and provide the market with low cost translation, this partnership will benefit both the companies to increase the profits and bring in more customers and also introduce a speedy, accurate localization process to customers. Mr. V R Sasidar also comments that the partnership will bring the local partner the leverage to present uniform pricing across all languages and do multi pair translation within the give deadline, which is currently scarce in the industry.

More details about Lyric Labs, you can visit www.lyriclabs.com or write to Mr. Sasidar at sdr@Lyriclabs.com

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