Kilgray Translation Technologies, a developer of translation productivity tools, has recently launched MemoQ, an integrated localisation environment created by a team of industry professionals and language technologists.
Aimed at both translators and project managers, MemoQ offers a single application comprising of a single translation-oriented word processor for all file formats, a translation memory, a term base, an unmatched aligner and provides full support for collaboration through its enhanced client-server architecture.
MemoQ also has a freeware version, MemoQ4Free, for newcomers to translation environments.
For more info - http://www.kilgray.com/kilgray/products/memoq