NRC-IRAP Makes Contribution To Vineyard Networks

Monday, 08 June 2009 16:31

Vineyard Networks is very pleased to announce that it has entered into a Contribution Agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) for the continued development and commercialization of Vineyard Networks’ NetCore and NetControl Network Traffic Management Technologies.

Under the terms of the agreement, NRC-IRAP will contribute up to $500,000 over the next 12 months. It will also provide the company with a range of both technical and business oriented advisory services. The NRC-IRAP contribution will allow Vineyard Networks to hire several additional subject matter experts and to accelerate the development and release of our solutions to the general market.

“We are very pleased to announce this agreement with NRC-IRAP” says Jason Richards, CEO of Vineyard Networks. “This is a solid testament to the commitment of the Canadian Federal Government to growing the technology industry in Canada. This program will be a key factor in our continued success and ability to grow our team with top industry talent.”

For further information, please contact:

Jason Richards
Vineyard Networks
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