The Press Release Resource

Zurich, August 19th 2011 – CLS Communication and the IFRS Foundation have signed an agreement that allows CLS to use IFRS terminology in 31 languages. This terminology has been officially approved by a committee of accounting experts. CLS will integrate the IFRS terminology into its IT-supported translation process, an essential step in ensuring high-quality translations. …

Zurmont Madison Private Equity L.P. (“Zurmont Madison”) has acquired a majority interest in the leading language services provider CLS Communication AG (“CLS”).