VIENNA, Austria--(Business Wire)--
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 company's 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 company's 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, TTTech's minority shareholders Aeris Capital
AG, AUDI AG, and ATHENA Wien Beteiligungen AG ("Wiener
Wachstumsfonds") strengthened TTTech's 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
Copyright Business Wire 2008
