Media Contact:
Odessa Montgomery, Centennial Campus Partnership Office, 919/515-7036

Aug. 30, 2005

Ericsson IP Expansion Brings Jobs to NC State’s Centennial Campus

FOR IMMEDIATE RELEASE

Ericsson Internet Protocol Infrastructure (IPI), Inc., a division of Ericsson, will move its research and development operations to North Carolina State University’s Centennial Campus and hire 45 additional employees by 2006. The relocation will move Ericsson IPI’s divisional headquarters from Rockville, Md., to Raleigh.

With a current staff of 30, the consolidation will bring the total number of Ericsson IPI employees on Centennial Campus to 100 over the next few years.

“We are very pleased with Ericsson’s decision to move their IP Infrastructure divisional headquarters to Centennial Campus,” said City of Raleigh Mayor Charles Meeker. “This announcement clearly shows that Ericsson sees tremendous value in its ongoing relationship with NC State.”

Beginning its operations on Centennial Campus in 1999, Ericsson IPI provides innovative, high-performance Internet Protocol routing solutions for operators and service provider networks.

Ericsson IPI has been an active partner on Centennial Campus, hiring a large number of interns during the last several years. Students have been hired to work on both software and hardware development projects.

“Consolidation at Centennial Campus is important to secure our future as an important development center within Ericsson,” said John Moon, head of operations at Ericsson IPI. “Moving the operations to one site will improve communications and reduce overhead which will lower our cost per development hour. The relationship to the university and the availability of talent to meet our future staffing needs were key factors in our decision to move to the Raleigh area.”

The company is also a member of the Center for Advanced Computing and Communication (CACC), a membership-based industry/university cooperative research center co-located at NC State and Duke University. As a member of CACC, Ericsson collaborates with NC State researchers on projects, sponsors graduate students via co-ops and internships, and shares university research facilities.

“Ericsson IPI’s presence on Centennial Campus has been a tremendous asset to our faculty, students and staff,” said David Winwood, director of Centennial Campus. “We welcome their continued partnership and collaboration.”

Centennial Campus is North Carolina State University’s campus of the future, where university, corporate and government partners collaborate to produce innovative science and technology that will change the way we live and work. The 1,334-acre site, adjacent to NC State’s main campus, is home to more than 100 large and small companies, government agencies and NC State units.

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