Lionbridge is Added to the Russell 3000(R) Index

* Reuters is not responsible for the content in this press release.

Mon Jun 29, 2009 10:44am EDT

WALTHAM, Mass., June 29 /PRNewswire-FirstCall/ -- Lionbridge Technologies,
Inc. (Nasdaq: LIOX), today announced that its stock has been added to the
Russell 3000(R) Index effective following Russell Investments' annual
reconstitution of its comprehensive set of U.S. and global equity indexes on
Friday, June 26th. 

Membership in the Russell 3000, which remains in place for one year, means
automatic inclusion in the small-cap Russell 2000 Index as well as the
appropriate growth and value style indexes. Russell determines membership for
its equity indexes primarily by objective, market-capitalization rankings and
style attributes. 

"Lionbridge's return to the prestigious Russell 3000 Index is yet another
example of the continued momentum of the Company," said Rory Cowan, CEO,
Lionbridge. "Our revenue seems to be strengthening after a challenging start
to the year.  We are reducing our overhead costs to enhance profitability. 
And our technology platform is leading to new market opportunities across our
businesses. As a result, we are well positioned to deliver solid financial
performance while maximizing value for customers, shareholders and employees."

The Russell 3000 also serves as the U.S. component to the Russell Global
Index, which Russell launched in 2007. Russell indexes are widely used by
investment managers and institutional investors for index funds and as
benchmarks for investment strategies. An industry-leading $4 trillion in
assets currently are benchmarked to them. Total returns data for the Russell
3000 and other Russell Indexes is available at
http://www.russell.com/Indexes/performance/default.asp.

About Lionbridge
Lionbridge Technologies, Inc. (Nasdaq: LIOX) is a provider of translation,
development and testing services. Lionbridge combines global resources with
proven program management methodologies to serve as an outsource partner
throughout a client's product and content lifecycle - from development to
translation, testing and maintenance.  Global organizations rely on Lionbridge
services to increase international market share, speed adoption of global
products and content, and enhance their return on enterprise applications and
IT system investments.  Based in Waltham, Mass., Lionbridge maintains solution
centers in 26 countries and provides services under the Lionbridge and
VeriTest brands. To learn more, visit http://www.lionbridge.com.

Forward-Looking Statements   
This press release contains forward-looking statements that involve risks and
uncertainties, including expected financial performance, market opportunities,
customer demand and growth, and revenue and earnings growth of Lionbridge
during FY 2009.  Lionbridge's actual experiences, actions, financial and
operating results may differ materially from those discussed in the
forward-looking statements.  Factors that might cause such a difference
include the loss of a major client or customer; the termination of customer
contracts or engagements prior to the end of their term; the size, timing and
recognition of revenue from clients; the ability of Lionbridge to realize the
expected benefits of its technology initiatives and the timing of the
realization of such benefits; continued uncertainty, volatility or
deterioration in global economic conditions  that could negatively affect
demand for the Company's services;  continued fluctuations in political,
economic and business conditions, and additional downturns in worldwide
economic conditions generally, and in the information technology and software
industries specifically; Lionbridge's ability to forecast revenue,
profitability, technology adoption, customer demand and operating results; the
Company's dependence on clients' product releases, production schedules and
procurement strategies to generate revenues; the timing and speed of customer
and user acceptance of Lionbridge's language technology; the ability of
Lionbridge to respond to fluctuations in the complexity, timing and mix of
services required by customers; costs associated with restructuring of certain
operations, the timing of any anticipated benefits and the ability to realize
such benefits. For a more detailed description of the risk factors associated
with Lionbridge, please refer to the Company's Annual Report on Form 10-K and
subsequent filings with the SEC (copies of which may be accessed through the
SEC's website at http://www.sec.gov). 

    Contact:
    Sara Buda
    Lionbridge
    (781) 434-6190
    sara.buda@lionbridge.com


SOURCE  Lionbridge Technologies, Inc.

Sara Buda of Lionbridge, +1-781-434-6190, sara.buda@lionbridge.com
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