Lionbridge Technologies, Inc. (Nasdaq: LIOX) announced that it has signed a definitive agreement to acquire Bowne Global Solutions, a division of Bowne & Co., Inc.(NYSE: BNE), for at least $180 million (excluding cash received), in a combination of cash and common stock. The transaction is expected to close in the third quarter of 2005 and is expected to be accretive to Lionbridge earnings within the first full quarter of combined operations, excluding restructuring and related expenses. Both Lionbridge and Bowne Global Solutions (BGS) provide globalization services that enable organizations to release products and content that meet the linguistic, technical and cultural requirements of customers, partners and employees worldwide. BGS’ worldwide presence, language expertise and diversified customer base will complement Lionbridge’s language technology and offshore development and testing outsourcing services. Bowne will hold one director seat on the Lionbridge Board of Directors. The closing of the acquisition is subject to customary conditions and approvals. The approval of the stockholders of Lionbridge and Bowne will not be required to consummate the proposed acquisition. Lionbridge has obtained a bank commitment to finance approximately $100 million of the purchase price. http://www.lionbridge.com, http://www.bowne.com