12 Aug 2011

Jade software eyes US despite turmoil

8:04 am on 12 August 2011

Christchurch-based software company Jade Software is pushing ahead with its plans to break into the US market despite the current market turmoil and fears of an economic slowdown there.

The firm recently opened an office in San Francisco and has just signed a deal with the Silicon Valley cryogenics company, MMR Technology, which will use Jade's software to control and measure the gases used in its cryogenic coolers.

Jade's chief executive, Craig Richardson, says the contract with MMR is Jade's first in the US, and while he won't divulge the cost of the deal, he says its modest.

But Mr Richardson hopes the relationship will be the first of many with technology companies working the lucrative US market and he says there are particular opportunities in software to translate business systems to the mobile market.