Revenues for the first six months of 2005 reached $34 million (up 11% from the same period in 2004) and generated profits of $3.1 million (almost double the amount for the same period in 2004). The company ended the period with close to $13 million in cash on hand, indicating that SDL has found the path to growth with operational efficiency.

Marc Lancaster, CEO, highlights the following achievements:

• Significant revenue and operating profits growth during flat market
  
• Over 20 new installations of SDL Translation Management System, including Hasbro, Le Meridien, Linde, Philips DAP, Plantronics, Qualcomm, Regus, Sony, and Texas Instruments
  
• Selection of the SDL Knowledge-based Translation System (KbTS) by Tweddle Litho and successful deployment for DaimlerChrysler and Best Western International
  
• Acquisition of Lingua Franca gives it a presence in the Middle East
  

Noteworthy is SDL's effort to introduce a new acronym -- "GIM" or Global Information Management is how SDL refers to what its suite of tools and services supports inside multinational companies. GILT (globalization, localization, internationalization, and translation) never caught on beyond the vendors, and we think the client jury will be out on GIM until actual support goes beyond global content management to deal with more of the content types, functions like business intelligence, and back-office operations about which most information and IT architects fret.