Minister Killeen Welcomes Multi-Million Euro Investment And Jobs Boost For Ennis Company

Async Technologies announced today that it is also set to invest EUR2.4million with support from Government through Enterprise Ireland and the AIBSCF.

The company, which is located in the Information Age Park, produces a tyre management technology solution, ‘Tyre–Check’ that extends tyre life by up to thirty percent.

According to Minister Killeen, "This investment will enhance the company’s Research and Development and international sales capabilities. Async’s products are currently being used by tyre manufacturers, tyre dealers and transport fleets in seventeen different countries, which is a testament to the company’s ability and vision to expand its operations."

He added that Async Technologies was a prime example of the ability of innovative Irish firms to develop market-leading technologies for sale internationally.

Meanwhile, Minister of State Killeen has warmly welcomed the announcement by University of Limerick-based company Avvio that it is to create 30 new high skilled roles in the company over the next two years.

As part of their strategy to increase international sales, Avvio will also invest over EUR1.6m in Research and Development and innovation. Avvio, based at the National Technological Park in Limerick, is a leading provider of reservations software and online marketing for the hospitality industry, and is on track to quadruple its revenue by 2010, to over EUR6million.

"Like Async Technologies, Avvio continue to expand their operations on a worldwide scale which is indicative of the entrepreneurial spirit that exists among companies in the Mid West Region", he stated.

Avvio is the leading provider of online reservation and marketing software for hotels and serviced accommodation providers, working with over 700 hotel clients worldwide. In Ireland alone, the firm delivers online results for well-known hotels, including Ashford Castle, Dromoland Castle, The Merrion Hotel, The K Club, The Dylan and Moran Hotels.

Tánaiste and Minister for Enterprise, Trade and Employment, Mary Coughlan T.D made today’s jobs announcement.

Enterprise Ireland currently supports over 200 Mid West companies who employ over 15,400 people full time.

-ENDS-

Notes to Editor:
- For further information please contact Mark Dunphy of Dunphy Public Relations on 00353868534900 or media@dunphypr.com
- High-resolution images of Minister Killeen are available

Mark Dunphy
Dunphy Public Relations
www.dunphypr.com
media@dunphypr.com
00353-868534900