Invest NI Chief Executive Announces £1.5m Export Success for DisplayNote Technologies
Alastair Hamilton, Invest Northern Ireland Chief Executive, has announced that DisplayNote Technologies, the Belfast-based software developer, has secured export business worth over £1.5 million from global markets in just over a year.
DisplayNote Technologies has developed highly innovative software which enables collaboration and content sharing between a presenter and participants using tablet computers and smartphones.
Invest NI has provided a range of support to the company including R&D support to develop its software, which is part funded by the European Regional Development Fund, support towards the set up of the business and assistance to take part in major international exhibitions.
Mr Hamilton welcomed the company’s success, which includes contracts with high profile clients, such as NEC in Japan, saying: “Securing significant business with international manufacturers in little over a year of being in business is immensely encouraging and demonstrates the innovation underpinning DisplayNote’s impressive technology. Their strategic focus, determination and exploitation of their unique selling points have also been an important part of the success.
“We are working closely with the company to support R&D activities and support marketing activities in target areas such as the US, Japan and Europe, including attendance at international events such as the Mobile World Congress in Barcelona.
“Their success also demonstrates the value of investment in R&D which has ensured that DisplayNote has the most advanced software to meet customer needs,” added Mr Hamilton.
Paul Brown, DisplayNote’s Managing Director, commented: “With Invest NI support, we’ve made tremendous progress over the past year and have won business with major equipment manufacturers in Japan, the UK and other parts of Europe. As a result of these contracts we are positioned for faster growth in key markets and with potential customers we’ve targeted.
“Mobile technology is now driving developments across a range of areas such as education, training and corporate settings. What our software does is to enable users everywhere to communicate, annotate and collaborate, particularly on presentations.
“Invest NI’s support in developing and marketing the software is extremely important and is enabling us to move ahead faster than would be possible if we had to depend on our own resources,” he added.
The company currently employs seven people at the Innovation Centre in the Northern Ireland Science Park, Belfast.