Lough Shore Investments announces partnership with leading property analytics firm at inaugural ‘Ireland Day’ at NYSE
Lough Shore Investments principal Danny Moore has this morning announced a strategic investment in Northern Irish software firm, Geopii.
The announcement comes at the start of the first ‘Ireland Day’ summit at the New York Stock Exchange (NYSE), at which Danny Moore will be amongst the day’s keynote speakers. Geopii is a Coleraine-based software firm offering a solution designed to assist with the manage-ment, assessment, evaluation and viability of land portfolios. In particular, Geopii focuses on land and property in distressed market conditions.
Speaking from New York, Mr Moore said: “We’re delighted to announce this investment at today’s summit. Geopii is one of the most innovative software firms in Northern Ireland and The New York Stock Exchange is home to some of the biggest corporates in the world, it’s the ideal location to showcase Northern Irish talent.
“The key focus of today’s summit is to rebuild the island of Ireland’s reputation abroad and assist Irish businesses in leveraging US markets. It’s about communicating to the 350 Fortune 500 execu-tives here today that Northern Irish firms can compete at a global level and are open for business. It’s the very reason we established Lough Shore Investments.
“From our perspective, Geopii is unique in that it is an established Northern Irish firm offering next generation technology. In a time when the ‘credit crunch’ has highlighted huge problems in the way loan books are valued, Geopii offers a truly unique platform for evaluation and risk management of property portfolios. We expect you’ll be hearing a lot more from Geopii in the months and years ahead.”
Ashley Moore, Geopii Managing Director also commented: “We’re delighted to announce this partnership with Lough Shore Investments, at this important summit, in what is arguably the epi-center of global financial services.
“This setting speaks to Geopii’s next steps. Our core technology is capable of providing the Fi-nancial Services Industry with comprehensive portfolio analysis. We have successfully launched the first GIS-based property analysis toolset for the global public-sector taxation market. Our client portfolio now has a net worth of over $100 Billion of property assets and the spatialest valuation product currently generates billions of dollars in taxable revenue annually.
Simply put, Geopii’s offering will help banks to start lending again with confidence, reversing current lending trends. We believe that the US Financial Markets are ready for Geopii.”
Notes to Editors:
For further background and comment on the Geopii investment please visit www.loughshore.co , www.geopii.com or http://loughshore.co
For further background and information on ‘Ireland Day’ at NYSE please visit www.ireland-day.com
For media enquiries please contact the Lough Shore Investments office on +44 (0) 28 9043 6651 or alternatively on email@example.com
Contact: Kieran O’Connor Lough Shore Investments LLP Tel: 44 (0) 28 9043 6651 Email: firstname.lastname@example.org