New R&D Centre Will Generate $1.7M Annually To Local Economy, Leverage High Tech Skills and Provide Strong Foothold to Support Intelliden’s European Customers
Belfast, Northern Ireland, 30 November 2005 – Intelliden Incorporated, a leading provider of open, automated networking solutions, and Invest Northern Ireland, Northern Ireland’s main economic development organisation, today announced the creation of Intelliden’s new $5.5 million (£3.23 m) European research and development centre in Belfast. The new R&D centre will create local jobs, injecting more than $1.7m (£1m) annually into the local economy, drive innovation, increase technology-led skills, as well as providing Intelliden with a strong foothold for serving and supporting its customer base across Europe.
$4.25 million (£2.5m) of the total investment for the new R&D centre will come from Intelliden. Invest Northern Ireland is investing $1.15 million (£680K) to support the facilities, training and skills expertise of local staff, as well as product development. The joint partnership reflects Belfast’s growing international role as an advantageous European base for technology and manufacturing companies.
Alan Black, President and CEO of Intelliden said: “Northern Ireland provides us with the critical elements to support Intelliden’s ongoing growth and commercial momentum. The city has a highly skilled technical workforce, which makes it an ideal fit for our research and development centre. And from a geographic perspective, Belfast provides us with an ideal base for serving our European customers. Furthermore, Invest NI’s strategic initiatives are driving world-class innovation, making Northern Ireland an exceptional place for us to do business. We’re looking forward to a mutually beneficial partnership.”
Leslie Morrison, Chief Executive, of Invest Northern Ireland, commented, “Helping to accelerate the growth of businesses is one of our fundamental objectives. Intelliden is not only a market leader on the global stage, but its requirements for a highly skilled technical workforce, coupled with a growing European customer base, also fit perfectly with Northern Ireland’s commercial profile. We are delighted to be supporting this joint venture, which will mutually benefit our local economy, as well as Intelliden’s international business operations and European customers.”
Based in central Belfast, Intelliden’s research and development centre is actively recruiting software developers, test engineers, and network specialists. As a recognised industry market leader in the global network configuration market, and a major player in the wider network provisioning and services market, Intelliden is experiencing unprecedented demand for its automated networking solutions.
The Intelliden R-Series software suite is founded on a unique, model-driven and policy-based networking approach that links an organisation's strategic priorities with its network resources by automating mission critical network configuration and service provisioning functions. Intelliden’s software enables customers to accelerate the launch of IP services while increasing operational efficiency, improving security and reducing costs.
Intelliden’s award-winning networking solutions continue to be adopted by the world's leading communications service providers, enterprises and government organisations who are seeking to automate their largely manual and costly network configuration and service provisioning areas.
About Invest Northern Ireland
Invest Northern Ireland works with individuals, companies and organisations in manufacturing and tradable services which show the ambition and commitment to grow by being more innovative, more entrepreneurial and more internationally focused.
Its resources are predominantly focused on winning inward investment whilst assisting clients to increase productivity, increase their share of international markets and develop higher value added products and services.
About Intelliden Inc.
Intelliden is a leading provider of automated, model-driven networking solutions. With the Intelliden R-Series® software suite, networks become more intelligent and efficient by dynamically responding to strategic priorities, which allows businesses and organizations to automate network configuration, reduce costs, increase network security and accelerate service activation. For more information, visit www.intelliden.com.
For further information, please contact:
Tel: +44 (0) 870 242 7469
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