25/03/2005

Belfast software firm to invest £1.5m and create 25 jobs

A Belfast-based software development company is to invest £1.5 million over the next two years to develop software services for its US based parent company.

Liberty Information Technology (LIT) said the expansion, which will create 25 new jobs for experienced software engineers, would benefit various operations at its parent company, Liberty Mutual Group.

LIT managing director Gordon Bell said: “The overall aim of this project is to extend the range of expert services that we provide to Liberty Mutual Group’s various operations and to strengthen further our competitiveness in terms of costs and quality.

“While we have been successful in winning new business from Liberty Mutual Group subsidiaries, such as Liberty International Underwriters and Regional Agency Markets over the past year, it is vitally important that we continue to enhance competitiveness and cost-efficiency by investing in our capability.”

In May 2004, the company announced a £2.9 million expansion that led to the creation of 26 new jobs.

Both ventures have attracted support from Invest NI.

(MB/SP)

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