Business Services Industry

Language Weaver CEO Bryce Benjamin Named Ernst & Young Entrepreneur Of The Year® 2006 Award Finalist in Greater Los Angeles

Business Wire, May 22, 2006

LOS ANGELES -- Language Weaver, a leading software company developing enterprise software for the automated translation of human languages, today announced that its chief executive officer, Bryce Benjamin, is a finalist for the Ernst & Young Entrepreneur Of The Year(R) 2006 Award in the Greater Los Angeles region. According to Ernst & Young, the awards program was designed to recognize outstanding entrepreneurs on a regional, national and global level who are building and leading dynamic and growing businesses. Benjamin was selected as a finalist by a panel of independent judges. Award winners for five categories will be announced at a special 20th anniversary gala dinner event on June 27, 2006 at The Beverly Hilton Hotel.

According to Benjamin, the key to building credibility for a business is to always do what the company promises and to create a culture and reputation of reliability and quality. "At Language Weaver, our vision is to develop a company that aids in breaking down language barriers between people on a massive scale, helping Web content to become accessible in everyone's native languages, creating bilingual speech-to-speech opportunities and, essentially, allowing anyone to communicate any content in any language at any time," he said. "I am honored that Ernst & Young has recognized our accomplishments and endeavors."

The Ernst & Young Entrepreneur Of The Year awards program celebrates its 20th anniversary this year. Awards are given to entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities.

Regional award winners are eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2006 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 18, 2006. The overall national Entrepreneur Of The Year award recipient is then considered for the world event held in Monte Carlo.

About Language Weaver, Inc.

Language Weaver was founded in 2002 to commercialize a unique approach to automatic language translation using proprietary statistical translation algorithms that resulted from 20 person-years of invention and development at the University of Southern California's Information Sciences Institute (USC/ISI). Its resulting product, statistical machine translation software (SMTS), provides the highest quality output to date in automated translation, using the best of traditional and new translation technologies. Language Weaver's translation systems produce fluent, natural sounding translations and save customers money and time through automation of the translation process. The company has more than 50 patents pending on its SMTS technology worldwide. Language Weaver licenses a server version of its software, currently available for 18 language offerings. See the Website for specific offerings: www.languageweaver.com.

About the Ernst & Young Entrepreneur Of The Year Awards

The Entrepreneur Of The Year(R) awards program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, the Ernst & Young Entrepreneur Of The Year award recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program honors entrepreneurs through regional, national and global award programs in over 100 cities and 35 countries.

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