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Another Company Joins Costa Rica

Company Agreement One more company decides to join the multinational service group operating in the country. This time is a Canadian company, called Elastic Path Software, consulting services and developer of software for online trading.

The company's initial investment in this new development center is of about $152,000, ir order to get equipment to begin operations, which is estimated for June this year.

The decision to install a new development center in Costa Rica, responds to attractions such as the skilled workforce in the engineering and software development, geographical location and similarity time with Vancouver, host city for the company. This facilitates the coordination of teams in both countries as well as service to their customers.

Costa Ricans that will be hired are going to participate in the processes of design, development, test and deliver new applications and improvements of services and products for the company.

Costa Ricans have the readiness and capacity to participate in every part of the process from design through test and delivery, with the same quality and knowledge of our teams in Canada, said Harry Chemko, CEO and cofounder of Elastic Path Software.

As for the location of the business, has not yet chosen the site. Therefore is looking at several buildings in the Greater Metropolitan Area that have the infrastructure required for software development.

The arrival of this company is an example of how Costa Rica is increasingly positioning itself as the venue for such entertainment and media operations, through the talents of our human resources.

Elastic Path Software is the first company in the field of high technology services announces its installation this year. We know that other companies in this sector also took this decision to come to the country in 2010, but have not yet made the official announcement.

By signing the service sector reaches 114 companies, which have proven to be major generators of employment. Proof of this is that the 18 who decided to settle in 2010, together with those who already had operations, generated just over 3 thousand new jobs last year.
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