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31/08/2005
US firm to establish £1.8m Belfast base
A leading US provider of network technology solutions has set up its European centre of operations in Belfast as part of a £1.8 million investment programme.
The move, which is being supported by Invest NI, will see Swan Labs Ltd focus on the "design, development, and implementation of solutions aimed at making business applications, including email, Oracle and Siebel work more efficiently". At least 40 highly skilled jobs will be in place by 2007 as a result of the move.
Kevin Donaghy, CEO of parent company Swan Labs Ltd said: “The high calibre of software engineers in Northern Ireland will allow us to rapidly develop key software products that will enable customers to shape their applications and optimise network performance.
“Support provided by Invest NI combined with the easy access to Europe provided by the Belfast location, were key factors in our decision to locate in Northern Ireland."
Invest NI Chief Executive, Leslie Morrison said: “The Swan Labs investment highlights the growing level of international confidence in the local economy and its high-growth ICT sector.
“I am confident that this investment will facilitate the successful entry of Swan Labs Ltd and the Swan product portfolio into the key European, Middle East and African markets."
Invest NI is supporting the investment with an offer of almost £500,000, which incorporates a £250,000 product development grant offered under the Invest NI Compete programme.
(MB/SP)
The move, which is being supported by Invest NI, will see Swan Labs Ltd focus on the "design, development, and implementation of solutions aimed at making business applications, including email, Oracle and Siebel work more efficiently". At least 40 highly skilled jobs will be in place by 2007 as a result of the move.
Kevin Donaghy, CEO of parent company Swan Labs Ltd said: “The high calibre of software engineers in Northern Ireland will allow us to rapidly develop key software products that will enable customers to shape their applications and optimise network performance.
“Support provided by Invest NI combined with the easy access to Europe provided by the Belfast location, were key factors in our decision to locate in Northern Ireland."
Invest NI Chief Executive, Leslie Morrison said: “The Swan Labs investment highlights the growing level of international confidence in the local economy and its high-growth ICT sector.
“I am confident that this investment will facilitate the successful entry of Swan Labs Ltd and the Swan product portfolio into the key European, Middle East and African markets."
Invest NI is supporting the investment with an offer of almost £500,000, which incorporates a £250,000 product development grant offered under the Invest NI Compete programme.
(MB/SP)
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