Dublin information security consultancy and services company Sysnet is to invest €1.27m in a major expansion programme which will create 60 new jobs over the next four years.
The expansion is being supported by Enterprise Ireland and will see the company target markets in the Ukraine, Russia, the Middle East and Africa. It already has clients in over 30 countries worldwide.
Sysnet was established in 1989 and has since diversified into the payment card data security market. It has developed an online payment product called Securus which is used by banks and other organisations handling payment card data.
'This latest investment demonstrates our commitment to our international expansion goals, it will enable Sysnet to fully exploit the many opportunities identified in both new and high-growth markets,' commented Gabriel Moynagh, the company's general manager.
'Sysnet's track record of investment in innovation and product development positions the company for its next wave of growth and Enterprise Ireland is delighted to support its expansion and drive for further growth,' said Enterprise Ireland's head of Internationally Traded Services Kevin Sherry.
