02/06/2005

IT firm announce £6m Belfast expansion plan

One of the UK and Ireland’s leading IT services companies is to expand its Belfast operation with a projected £6 million investment over the next five years.

Newell & Budge, which recently acquired Celare, a Northern Ireland information security specialist company, is expected to create 30 new jobs as part of the expansion plan with the facility becoming a centre of excellence, specialising in Oracle and Microsoft technologies in particular.

Commenting on their plans, Ann Budge, Chief Executive Officer of Newell & Budge, said: “This is an immensely important investment that is designed to enable us to maximise the business opportunities we have pinpointed in the Republic of Ireland, our first export market, as well as opportunities in Northern Ireland and the rest of the UK.

“To enable us to achieve our aggressive growth plans, we looked at a number of potential locations, including Dublin, and decided to establish our second UK development centre in Belfast. Northern Ireland offered us a tremendously attractive package based on a pool of quality and IT literate people; high-spec and cost-efficient facilities; and a range of financial and other support from Invest NI, an organisation which clearly understands the needs of ambitious IT companies.”

Newell and Budge has been offered selective financial assistance of £240,000 by Invest NI towards the costs of the investment.

(MB/SP)

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