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25/05/2007
Software company expansion promises jobs
A £6.6 million investment in a Belfast-based software development company could create 175 jobs.
The Invest Northern Ireland backed expansion of American owned Liberty Information Technology (LIT), will help the company develop new IT products and services.
Announcing the investment, Economy Minister, Nigel Dodds said: “The £6.6 million project is a further endorsement of the skills that Northern Ireland has to offer the international financial and IT sectors. We have a talented pool of graduate and experienced software professionals whose abilities are increasingly attracting and retaining investment from around the world.
Liberty is an internationally respected firm whose growing presence here will consolidate Northern Ireland’s position as a key location for inward investment. Today’s announcement will significantly benefit the economy by generating an expected additional £6.7 million a year in salaries by 2010. This is the fourth investment made by Liberty Mutual since 1997, and is testimony to the strength of the Northern Ireland product.”
Liberty Information Technology is owned by US insurance company Liberty Mutual Group. LIT provides software application development and maintenance services to the parent company.
(JM/SP)
The Invest Northern Ireland backed expansion of American owned Liberty Information Technology (LIT), will help the company develop new IT products and services.
Announcing the investment, Economy Minister, Nigel Dodds said: “The £6.6 million project is a further endorsement of the skills that Northern Ireland has to offer the international financial and IT sectors. We have a talented pool of graduate and experienced software professionals whose abilities are increasingly attracting and retaining investment from around the world.
Liberty is an internationally respected firm whose growing presence here will consolidate Northern Ireland’s position as a key location for inward investment. Today’s announcement will significantly benefit the economy by generating an expected additional £6.7 million a year in salaries by 2010. This is the fourth investment made by Liberty Mutual since 1997, and is testimony to the strength of the Northern Ireland product.”
Liberty Information Technology is owned by US insurance company Liberty Mutual Group. LIT provides software application development and maintenance services to the parent company.
(JM/SP)
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