12 March 2009
At a time when software houses are cutting back on
investment in Research & Development, IRIS CEO, Martin
Leuw told Real Business magazine that the company will be investing
£20m over the next 12 months to fund the future development of its
products.
Leuw commented "In the current uncertain economic environment,
we feel that it is beneficial for our employees, customers,
prospects, suppliers and partners to fully understand and have
confidence in the strong financial position of IRIS and the
significant long term covenant free cash facilities we have in
place to continue to fund not only the future development of our
products, but also to make complementary strategic
acquisitions."
Read
the full article in Real Business Magazine