GENBAND to Establish International Headquarters and Business Services Centre in Galway, Ireland

Galway, Minister for Social Protection, Éamon Ó Cuív, TD today (Wednesday, December 1st) announced that GENBAND, a leading developer of Internet Protocol (IP) infrastructure and service solutions, plans to establish its International Headquarters and Business Services Centre in Galway, which represents an €8 million investment by the company that will create more than 100 new jobs. GENBAND’s decision is supported by the Irish Government with the aid of IDA Ireland (Industrial Development Agency).

“We’re very pleased that the global leader in IP and next generation networking solutions has decided to locate its international headquarters here in Galway,” said Minister Ó Cuív. “On behalf of the Irish Government, we welcome GENBAND to Galway and appreciate that they recognize our region’s reputation as a leading technology hub. GENBAND’s role in transforming telecommunications networks through IP perfectly aligns with Ireland’s status as a Smart Economy. We look forward to supporting GENBAND as it develops its operations here.”

The Galway facility will create new employment positions in finance, supply chain management, customer support, software development, HR, legal and administrative activities.

“The establishment of our international headquarters operation in Ireland represents a critical component of GENBAND’s continued global strategy and growth,” said Charlie Vogt, President and CEO, GENBAND. “Ireland’s breadth of high-quality, skilled human resources made Galway an ideal setting for our expansion, particularly when combined with the region’s competitive cost structure and leadership as a telecommunications corridor. We look forward to being a part of the Galway community and would like to thank the Irish Government and IDA Ireland for their support, which enabled this expansion to come to fruition without delay.”

Barry O’Leary, IDA CEO said, “GENBAND’s investment is very significant for Galway and builds on the excellent telecommunications expertise available in the region. Ireland is experiencing strong growth in international IT services which is contributing significantly to Ireland’s impressive export performance. Of the 72 investments made by IDA, this is the 25th investment involving 100-plus jobs that has been made in 2010. IDA is delighted to welcome this telecommunications leader to Galway and looks forward to supporting their continued global expansion.”

Minister for Enterprise, Trade and Innovation, Batt O’Keeffe, TD also welcomed the announcement by GENBAND saying, “This investment shows that Ireland is very much open for business and that our enterprise economy remains vibrant. Ireland continues to meet the requirements of global corporations to run international operations.”

About GENBAND
GENBAND is a global leader of IP infrastructure and service solutions, helping fixed, mobile and cable service providers around the world evolve communications networks through IP innovation. The Company offers market-leading Switching, Networking and Service solutions, with products deployed in over 600 customer networks spanning more than 80 countries. GENBAND is headquartered in Frisco, Texas, and has operations in 50 countries. To learn more, visit us on the web at www.genband.com.

GENBAND, the GENBAND logo and icon are trademarks of GENBAND.

GENBAND contact:
Kim Lee
GENBAND
+1.972.265.3766
kim.lee@genband.com

IDA Ireland contacts:
Thomas McEvoy, Press and PR Manager, Tel: +353 (0) 1 603 4255, Mob: +353 (0) 87 742 6684
Jim Murren, Regional Manager, Mob: + 353 (0) 87 2517480

Department of Social Protection
Michelle Hoctor, Press Advisor to Minister Ó Cuív, Mob: +353 (0) 87 8563070