SDL Sdl Plc

RNS Number:5722Y
SDL PLC
19 June 2007

19 June 2007



                                    SDL plc



              Acquisition of Passolo for Euro2 million (#1.36million)

       Strengthening of product set with software translation technology



Maidenhead, UK - 19 June, 2007.  SDL International, one of the leading providers
of Global Information Management (GIM) solutions, announced today that it has
acquired PASS Process Automation Software Systems Engineering GmbH ("Passolo"),
a provider of sophisticated software translation products.



Under the terms of the agreement, SDL will pay Euro2 million (#1.36 million)*, for
Passolo, of which Euro1 million will be in cash and the balance represented by the
issue of up to 160,728 shares in SDL plc. 32,146 shares are being issued at
closing with the balance of the share consideration (the "deferred shares") to
be issued in amounts of 32,146, 48,218 and 48,218 respectively on the first
three anniversaries of the acquisition date.  The release of these deferred
shares will be subject to the two Passolo shareholders remaining in the
employment of the SDL group.



SDL's acquisition of Passolo will further strengthen SDL's Global Information
Management offering by adding a leading software localisation product to the SDL
solutions portfolio.  Passolo's technology allows for the easy translation of
the user interface of software products based on Microsoft .NET, which many
companies use to deliver web-based applications to their customers.  The
integration of the Passolo product set into SDL's Translation Management System
will allow customers to access existing Translation Memories and corporate
Terminology



Mark Lancaster, Chairman and Chief Executive of SDL, said,

"Over the years, SDL has built significant expertise in helping its clients
localise their products and services and the localization of software presents
its own unique challenges.  By integrating Passolo into the SDL TMS and the SDL
Trados desktop solutions, our customers will improve their localization
efficiency by being able to use a complete solution of translation memory,
terminology management and software editing.  The integration of software
localization within our TMS solution removes a complex problem and means that
our customers will now have one system to manage both software and documentation
content.  Additionally, Language Service Providers (LSPs) will now benefit from
being able to accept virtually any client project, ensuring high-quality and
consistency of deliverables."





* exchange rate: Euro1.47: #1

                                     -ends-



For further information please contact:


SDL plc                                                    Tel: 01628 410 127
Mark Lancaster, Chief Executive

Financial Dynamics                                         Tel: 020 7831 3113
Edward Bridges/Juliet Clarke / Haya Chelhot



About SDL International

SDL International (London Stock Exchange: 'SDL') is one of the leaders in Global
Information Management (GIM) solutions that empower organisations to accelerate
the delivery of high-quality multilingual content to global markets. Its
enterprise software and services integrate with existing business systems to
manage global information from authoring to publication and throughout the
distributed localisation supply chain.



Global industry leaders rely on SDL to provide enterprise software or hosted
services for their GIM processes, including Audi, Bayer, Best Western, Bosch,
Canon, Deutsche Bank, Kodak, Microsoft, Morgan Stanley, Reuters and SAP. SDL has
implemented more than 150 enterprise GIM solutions, has deployed over 140,000
software licenses across the GIM ecosystem and provides access to on-demand
translation portals for 10 million customers per month. Over 1,000 service
professionals deliver consulting, implementation and language services through
its global infrastructure of more than 50 offices in 30 countries. For more
information, visit www.sdl.com.



About PASS Engineering

The company with headquarters in Bonn, Germany, was founded in 1990 by Achim
Herrmann and Florian Sachse. Initially PASS Engineering developed software
solutions for medical systems; since the customers in this sector operate on a
global scale, procedures were developed to enable professional software
localization: PASSOLO was born. The newest version, PASSOLO 6.0, was released in
May 2006 and was voted the most popular software localization tool in an
international online survey.



PASSOLO can process a wide range of software file formats, including executable
program files as well as resource files and XML. And since PASSOLO does not
impact the program source code, localization can begin during the programming
process. Thanks to the integrated translation memory technology, PASSOLO can
make use of previous translations even if they were created using other software
products. PASSOLO is compatible with all available Microsoft .NET development
frameworks and is multi-user capable.



All trademarks are the property of their respective owners.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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