SYSTRAN

SYSTRAN's management and principal shareholders enter into exclusive negotiations with CSLI for the acquisition of 35.79% of SYSTRAN's share capital. - Seite 2

SYSTRAN is headquartered in Paris, France with a North American office located in San Diego, California, USA.

SYSTRAN (Code ISIN FR0004109197, Bloomberg: SYST NM, Reuters: SYTN.LN) is listed on EuroNext Paris, Compartiment C.

For more information, visit www.systransoft.com

About CSLI
Established in February 1995, CSLI is a leading provider of language translation software and services. CSLI has a dominant market position in the Korean translation market and it offers translation solutions and services, including document translation and automatic web translation to various corporations, government agencies and individuals.

CSLI's proven technology and accumulated language resources allow the company to better serve its customers. Specifically, CSLI's high-quality translation engines offer a real-time, bidirectional translation for many languages including Korean, Japanese, Chinese and English.

CSLI is dedicated to developing various language translation solutions to make the world more connected and it plans to further expand its market presence in the global language translation market.

CSLI is headquartered in Seoul, Republic of Korea with presence in USA, China, France, etc.

For more information, please visit www.csli.co.kr

Contact
Dimitris SABATAKAKIS, Chairman & CEO
Telephone: [phone]   Fax: [phone]  
Email: [e-mail]

The annual and 4^th quarter 2013 results will be published on 14 February 2014.

This Press Release is available for download at: 
http://www.systransoft.com/systran/investors/press-releases

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[1]        This includes all of their existing shares, representing 35.79% of the SYSTRAN's share capital, plus the shares to be issued as a result of the exercise of their stock-options (i.e. a total of 37.88% of SYSTRAN's share capital on a fully diluted basis).  

[2]        Dimitris Sabatakakis is the Chief Executive Officer and President of the Board of Directors of SYSTRAN.

[3]        Guillaume Naigeon, Denis Gachot, Jean Senellart and Charles-Eric Boscals de Réals are members of the Board of Directors of SYSTRAN.

[4]        Equity value, excluding treasury shares but taking into account existing stock-options which are not exercised at date.

SYSTRAN PR 2013 12 19

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SYSTRAN via Globenewswire

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