31/05/2013

Vello Systems Create 71 New Jobs

Enterprise Minister Arlene Foster has announced that US software company Vello Systems, Inc. is to create 71 new jobs in Belfast with support from Invest Northern Ireland.

Vello Systems, Inc. which is based in Menlo Park, California, develops highly innovative technology which is used, primarily by the Large Enterprise sector, to provide solutions for data centre networking.

Making the announcement, Arlene Foster said: "Vello is a newly established, highly dynamic company which is working at the cutting edge of networking technology. Once all the jobs are in place, they will generate over £2.4 million annually in salaries which is yet another important and welcome boost to the local economy.

"Vello was identified as a potential source of new investment by Invest Northern Ireland over a year ago and I am pleased to say that the team was able to work closely with senior management to secure this investment, despite strong competition from other European locations."

Of the 71 new jobs, over half will be software engineers working on R&D activities. The remainder will carry out a range of marketing, customer service and business development activities. Invest NI has offered Vello £710,000 of support.

(CD)

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