This paper describes the overall picture of #DmDialog. #DmDialog is a real-time Japanese-English speech-to-speech dialog translation system that accepts speaker- independent continuous speech inputs. The scientific focus of the project is to model the cognitive process of simultaneous interpreters. As a result, the architecture of the system is very different from machine translation systems. Our model assumes hybridized parallelism as a basic computation mechanism, and the process of translation is highly interactive due to the dynamic participation of knowledge from morphophonetic-level to discourse-level. An almost concurrent parsing and generation scheme provides a simultaneous interpretation capability which is essential to interpreting telephony. #DmDialog has been publicly demonstrated at the Center for Machine Translation at Carnegie Mellon University.