Waterford Technologies Announces €500K investment in Product Development Programme with TSSG

Waterford Investment

Waterford Technologies is the market leader in email and file archiving solutions and today has announced a joint development programme between Telecommunications Software & Systems Group (TSSG) & Waterford Technologies.

This builds on the leading edge ICT research that is being conducted by TSSG and combines it with Waterford Technologies existing product set to deliver world class enterprise scale data management software. Lorcan Kennedy, CTO advised “the deliverables of the project will drive the Waterford Technologies product set over the next three to five years helping to solidify Waterford Technologies already significant market and will enable the Company to pursue new sales and product opportunities both at home and abroad”. John Brennan, CEO of Waterford Technologies advised “Waterford Technologies are very excited to be working with TSSG on this programme and we are confident it will ensure Waterford Technologies continues to meet the ever changing needs and requirements of our customers”.  Throughout the fourteen years Waterford Technologies has been in business it has continued to invest in the development of its products, today we are announcing another milestone in our ongoing commitment to the development of our products to ensure we can drive our position forward in the market place.  This leading edge research and development programme is supported by Enterprise Ireland.  We have been working with Enterprise Ireland from the commencement and have been assisted previously in marketing and promotional programmes successfully.

About Waterford Technologies

Waterford Technologies has fifty employees operating from four locations; Waterford (Ireland), Liverpool (England), Nashville (Tennessee) and Irvine, (California).  Waterford Technologies is the market leader of email and file archiving solutions for organisations worldwide.  With over 2,000 plus product installations globally, Waterford Technologies provides a full range of email and data management and reporting products for archiving, compliance, legal discovery and storage management. Waterford’s flagship product – MailMeter, provides safe and secure archiving to reduce the cost of email management, reduce the cost of legal investigations related to email, and meet regulatory requirements. For more information, visit www.waterfordtechnologies.com or call Waterford Technologies at +353 51 334967.

About Telecommunications Software & Systems Group (TSSG):

TSSG is an internationally recognised centre of excellence for ICT research and innovation. They carry out a wide spectrum of industry-informed research in Information and Communications Technologies (ICT), particularly technologies enabling communications and information services.

Their four key prioritised technical Research areas include Mobile Platforms and Services, Security Privacy and Identity, Data Analytics and Social computing, Adaptive Networks and services. They create economic impact by translating their knowledge base and innovation into leading edge products and services.

Over the past five years, TSSG has delivered innovative solutions to over 110 Irish companies, and has created 11 spinout companies in the South East including the award winning FeedHenry, a groundbreaking mobile cloud platform company, and ZolkC, a leading provider of mobile technology for international visitor attractions.