UP to 30 hi-tech jobs are to be created in Limerick city following the decision of start-up company iTRAC Global to establish it headquarters at the Nexus Innovation Centre at the University of Limerick
iTRAC is a global import/export compliance and supply chain specialist which uses cloud computing technology to provide a system with unlimited scalability and access to its clients.
The company currently employs three software developers based at UL and this figure is set to increase to around 30 over the next 12 months.
iTRAC Founder, Tony Leto, who is based Silicon Valley explained why he decided to establish the company’s headquarters in Limerick.
“All signs pointed to Limerick and UL. We were looking for innovative and creative software developers and designers. We found that UL had an abundance of top-notch talent in the computer and design sciences. We even decided to headquarter in Limerick,” he said.
Dr Mary Shire, vice president of research at UL said the decision of Tony Leto and iTRACK to establish its headquarters in Limerick is very significant.
“iTRAC global is a very innovative and dynamic company with very exciting growth potential,” she said.
A full version of this story has been published in the Limerick Leader, print edition, dated March 34, 2012