Norkom Group plc ‘Norkom’ or the ‘Company’

Norkom today announced a €4million research and development grant from Enterprise Ireland (the Irish Government’s development agency) to support the company’s growth strategy as it seeks to become a global market leader. I

In line with its business plan, Norkom intends to invest €11.4 million in qualifying research and development from 2008 to 2010. Enterprise Ireland will support this with a €4 million grant paid at agreed milestones over three years. Overall, the investment will fund expansion plans in Norkom which will enable the company to significantly scale up its growth.

For further information please contact:

Liam Davis Company Secretary
Norkom Technologies
+353 1 873 9600

David Kearney
Goodbody Corporate Finance
+353 1 886 0420

<< Back To Corporate Announcements