Investment and 10 New Jobs For ICO Technologies

Jean-Denis Girard (Delegate Minister of Small and Medium Industries, of deregulation, of economic and regional development, and minister responsible for the Mauricie region), along with Pierre Giguère (Member for Saint-Maurice) made the announcement.

The financial assistance has been granted through the Centre-du-Québec region’s Fonds de diversification économique. The cost of this plan is currently estimated at $668,800. It will allow the company to maximize its revenues from sales of existing products, and to continue to expand outside of Quebec. The company is expected to create 10 jobs and to consolidate its 30 jobs.

"We are proud to be associated with a competitive and innovative company that distinguishes itself in the Quebec marketplace. It is by making best use of the possibilities offered by outside-Quebec markets that our small and medium-sized businesses will expand their consumer bases and secure their long-term prosperity. It is clearly a priority for this government to support these companies, so that they reach their full potential," said Minister Girard.

Established in 2001, ICO Technologies designs and develops a wide range of software packages for use in various areas of activity. Based in Shawinigan, it is the only company in Quebec providing a comprehensive range of fully-integrated solutions relevant to the emergency market (i.e. management of operations in environments such as 9-1-1 /emergency operation centres, civil security organizations and police/fire departments). The BeeON range of products (formerly TARGET 9-1-1) has been highly successful ever since it was created.