NEWS
FROM:
Location:Switzerland+
633 Third
Avenue
New York,
NY 10017-6706
212
599-5700 Ext. 1064
NEW YORK,
February 7 -- Advanced Digital Information Corporation (NASDAQ: ADIC), a
recognized leader in data storage for the open systems market, has established
a shared services center in Switzerland, reports Mario Brossi of the Swiss
foreign investment agency Location: Switzerland. Near-term staffing at
ADIC AG in Zurich is expected to reach 30 or more professionals in finance,
sales operations, service sales and service logistics, Mr. Brossi said.
The company is hiring locally as well as transferring from other EMEA locations
and elsewhere in the world.
According
to ADIC Vice President Linda Breard, the company selected Switzerland after
considering new or expanded locations in Ireland, the Netherlands, France, and
Germany. "ADIC has locations in France and Germany so that would be
expansion of our existing infrastructure and presence," she said.
"But a number of factors specific to ADIC led us to Switzerland. On the
labor front, for example, costs are in line with average global costs, but
there are no compulsory payments. Moreover, there is a strong work ethic,
and the workforce is well trained and multilingual, which are important
considerations for a company such as ours.
"Other
factors included an excellent transportation infrastructure, lower travel
costs, and proximity to our EMEA markets," Ms. Breard said. "In the
Zurich area we found both a business-friendly environment and one
friendly to expatriates. There is an established global business community,
competitive real estate costs, logistics support and excellent manufacturing
capabilities. Switzerland offers us the flexibility to meet future
business needs including, should the need arise, an easy exit
strategy." (www.adic.com)
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Contacts:
ADIC: Linda Breard, VP linda.breard@adic.com
Location:Switzerland
John Williamson johnhwilliamson@earthlink.net