Business News

TTTech Continues Strong Growth Strategy

2008-07-13 19:00:00

VIENNA, Austria–(EMWNews)–TTTech, the leading supplier of solutions in the field of

time-triggered computer systems, is proud to announce the 10-year

anniversary of its founding. The companys

solutions considerably improve the safety and dependability of networked

computer systems in the transportation industries. TTTech Group

currently has more than 200 employees and will hire new personnel in the

next months. With at least 30 positions to be filled, the company will

continue to pursue its growth strategy in the future.

TTTech originally emerged as a spin-off from the Vienna

University of Technology in 1998. Headquartered in Vienna, TTTech

now maintains business locations in Germany, Italy, Romania, the United

States, Japan, and Korea and has successfully sustained its performance

over the last years.

We are proud of what we have achieved so far.

We will further strive to extend the use of our products substantially

and establish long-term customer relationships,

states Stefan Poledna, founding member and CEO of TTTech. As

the company keeps growing, we will expand our team and look for new

employees in the fields of technology, sales & marketing and company

services.

In 2007 TTTech Group hired 54 new employees and will further increase

its staff this year. Investing in personnel development will ensure a

permanent flow of innovation.

“With regard to our first 10 years in business, we are grateful to our

customers, investors and employees for their support and contribution

over the last years, states Georg Kopetz,

founding member and managing director of TTTech. TTTech

products have won a considerable share of the international market and

we will continue to pursue our market-oriented growth policy in the

transportation and automation industries.

Worldwide market leaders are using the companys

time-triggered products in commercial production programs for the

automotive, aerospace and off-highway industries. Amongst others, TTTech

solutions are deployed in applications in the Airbus A380, the Boeing

787 Dreamliner and the next generation of the Audi A8.

In the recent past, TTTechs minority

shareholders Aeris Capital AG, AUDI AG, and ATHENA Wien Beteiligungen AG

(Wiener Wachstumsfonds)

strengthened TTTechs position for further

international expansion. The company will continue its investments in

research and development programs and establish go-to-market alliances.

The product offering in all business segments should be extended,

including product development for industrial automation and medical

engineering.

TTTech Computertechnik AG
Petra Platzer, +43-1-585-34-34-899
pr@tttech.com

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