Sysnet is to create 60 new jobs in expansion programme

November 3, 2009 in News by Stephen Hewitt

synset-logoA Dublin based information security consultancy and services company called Sysnet is to invest in a major expansion programme worth €1.27m which will create 60 new jobs over the next four years.

The expansion, which is being supported by Enterprise Ireland will see the company target markets in countries such as Russia, the Ukraine, Africa and the Middle East.

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.

Gabriel Moynagh, the company’s general manager stated that:

“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.”

Enterprise Ireland’s head of Internationally Traded Services, Kevin Sherry also stated that:

“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,”

With clients in over 30 countries worldwide, the move will be a welcome boost for Ireland.