Company Details
- We develop devices for the language market
- Our technology combines IoT (Internet of Things), AI (artificial intelligence) for translation, cloud storage, machine language for data analysis, block chain for data integrity, and more.
- Our products are wireless wearable devices with WIFI/Bluetooth for connectivity to an app.
- Our markets are consumer technology, health, law, education, travel, and other areas that require translation.
What We Do
Lingolet develops and markets technological advanced language solutions for consumers and businesses. Built on artificial intelligence, machine learning, cloud computing, voice transcription, and block-chain technologies, Lingolet platform offers advanced machine interpretation and connects dedicated human interpretation with secure, simple, and reliable language services, helping to maximize human potentials by innovating world-class, easy-accessed language solutions with a focus on sustainable partnerships. With Lingolet you can communicate in any language at any time.
History of the Lingolet ONE
The original device and app, named One Mini, was developed by IOL/Transn in China. Lingolet acquired all rights, including intellectual property (IP) and distribution.
Lingolet is an American company, incorporated in the US and based in Silicon Valley in California.
Lingolet did further development and launched the new device as Lingolet ONE for global distribution.
Lingolet granted a license to IOL/Transn to sell and distribute the One Mini under licensed in the Greater China area. The One Mini is customized for China and works in Chinese.
Our Mission at Lingolet
We know languages are important. We speak more than ten languages at Lingolet. We want to build language solutions that help people in their personal and professional life.
What Does Lingolet Mean?
Our name has two meanings:
- Lingo = language. Let = A small thing, such as a booklet. Lingolet is a small thing for language.
- Lingo = language. Let = Easy in Danish. LingoLet makes languages easy to use.
Our Technology
We use a combination of technologies, including AI, apps, cloud services, consumer technology, travel, wearables, wireless devices, and other.
The Opportunity
We are developing new types of products and services for the language market. Many of these have no existing equivalent. We will roll these out in 2020.
According to the NIMDZI industry study in March 2019, the language services market was $54 billion in 2019 and will grow to $70 billion per year by 2023. Interpretation was $8.3 billion in 2019 and will grow to $11 billion in 2023. Professional language services cost on average $5.90 dollars per minute (Common Sense Advisory report, The Language Services Market).
Milestones
- July 2019: Form the core team, incorporation, and funding
- August 2019: Acquisition of IP (the intellectual property)
- September 2019: Final beta version of the device
- October 2019: Begin development of the next device
- January 2020: Launch at CES 2020
- January 2020: Begin sales of Lingolet ONE
- March 2020: Begin second phase of Lingolet
Office Location
Our headquarters is in the center of Silicon Valley, California.
Lingolet, Inc.
4633 Old Ironsides Drive, #230
Santa Clara, CA 95054 US
Tel. +1.650.343.5588
Lingolet.com