The InterContinental Translation & Printing Services (ITS), Beijing is one of the world's leading translation companies, with subsidiaries in Hongkong, London, New York and Tokyo, encompassing operations in translation/interpretation, voice-over/subtitling, printing and localization. Our commitment to the translation service innovation has seen us leading the industry in continually redefining the experience of translation over the decades. As we enter the new year, our mission is to expand ITS's reputation as a high quality translation agency on a global scale. New alliances with partners from around the world are making this mission a reality.

Our long-term vision is to become a global group of translation-related businesses. We have made a good start. ITS continues to seek equity participation in other translation agencies, form long-term strategic alliances with like-minded partners, and develop profitable subsidiaries in a variety of businesses ranging from written translations to software localization.

Our establishing of Shanghai and Kunming subsidiaries in the new year will further strengthen our network in China. We now
offer our customers the opportunity to reach our service further and more conveniently than ever before. With China's entry to
the WTO, there are the challenges of tougher competition, globalization and rising customer expectations. Through on-
going self-renewal and strategic alliances with other partners, we will continue to set new benchmarks in the translation
industry.

ITS will remain true to its core values of quality, innovation and superiour customer service. We will continue to put customers first.

We take pride in our achievements in the past years and avail ourselves of this opportunity to extend our sincere thanks and
best wishes to all our customers and readers.

Have a Happy, Healthful and Prosperous New Year!
President, ITS Beijing, China