Friday, March 4, 2011

Intune Networks Innovational Win...

The Irish Times and InterTradeIreland presented Intune Networks with the ‘Innovation of the Year' award in Dublin yesterday evening. Intune Networks has triumphed over 120 companies such as Celtic Catalysts, Dublin; Kingspawn Renewable Ltd., Armagh and Vennetics of Dublin, to secure themselves as the overall winner of the six category competition. They will receive a communications and advertising package from the Irish Times worth €200,000.


Intune Networks aims to revolutionise the telecoms industry by changing the opportunities for service providers. They are setting out to alter network architectures to cope with traffic demand for internet service providers. Intune Networks has developed a technology named Optical Packet Switch and Transport (OPST) that is hoped to alleviate bottlenecks across systems. The company has ambitious expansion plans and has received over €49 million in funding from investors to date.


Commenting on the awards, Liam Nellis, Chief Executive of InterTradeIreland and Chair of the Innovation awards final judging panel said: "These awards are designed to recognise the best innovations in businesses across the island of Ireland. Intune Networks is an excellent example of company that is at the pinnacle of innovation. For 30 years, laboratories have attempted to achieve what has been achieved by Intune Networks over the last 4 years. Intune Networks is an indigenous company that has developed a product with the potential to revolutionise the telecoms industry on a global scale."



Receiving the award, Intune CTO John Dunne commented: "We are delighted and amazed to be selected as the overall winner, as this is such a high-profile awards programme. It is a fantastic honour for all at Intune and a great recognition for our team of engineers in particular who have worked for over 4 years on a networking innovation that we believe will open up the network for application developers."

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Thursday, March 3, 2011

IT company wins Innovation of the Year award - Belfast Telegraph

A HIGH-tech Belfast company has won an award for innovation at an all-Ireland ceremony.

Intune Networks, which employs 45 people at its office in Belfast, is the overall 'Innovation of the Year' winner at the second annual Irish Times InterTradeIreland Innovation awards.

The company will receive a communications and advertising package from the Irish Times worth €200,000 (£170,000).

Headquartered in Dublin with offices in Weaver's Court in Belfast, the firm was established in 1999 by Tom Farrell and John Dunne, both graduates of UCD, and employs 120 people, including 45 in Belfast. It also has offices in the US and mainland UK.

The company has ambitious expansion plans and has received over €49m (£38m) from investors to date.

Intune Networks is developing networks to cope with unpredictable traffic demand for internet service providers, while controlling costs.

The advent of online video content and cloud computing has put a strain on networks that has resulted in greater demand and Intune Networks' breakthrough technology Optical Packet Switch and Transport (OPST) will help alleviate bottlenecks across systems.

Liam Nellis, chief executive of InterTradeIreland and chair of the Innovation Awards final judging panel hailed the firm, saying: "For 30 years, laboratories have attempted to achieve what has been achieved by Intune Networks over the last four years."

Intune Networks chief technical officer John Dunne said he was delighted to see the company lift the award.

"It is a fantastic honour for all at Intune and a great recognition for our team of engineers in particular, who have worked for over four years on a networking innovation that we believe will open up the network for application developers," he said.

Portadown-based Kingspan Renewables was named as the winner of the GreenTech category at the awards.

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Intune Networks wins innovation award for optical packet switch design - The Times

Intune Networks wins innovation award for optical packet switch design Winners of the overall Innovation of the Year Award, Intune Networks at the InterTradeIreland Irish Times Innovation Awards last night. Prof Tom Begley, UCD, presenter of award; John Dunne, Tom Farrell, Jim Shields and Tommy Mullane.Winners of the overall Innovation of the Year Award, Intune Networks at the InterTradeIreland Irish Times Innovation Awards last night. Prof Tom Begley, UCD, presenter of award; John Dunne, Tom Farrell, Jim Shields and Tommy Mullane.Photograph: Brenda Fitzsimons

TECHNOLOGY FIRM Intune Networks scooped the top award at The Irish Times/InterTradeIreland Innovation Awards last night.

Intune, which has its headquarters in Dublin, won the overall Innovation of the Year award at a ceremony in the Irish Museum of Modern Art in Kilmainham, Dublin.

The firm, which was established in 1999 by Tom Farrell and John Dunne and now employs 120 people, will receive a communications and advertising package worth €200,000 from The Irish Times .

“We sometimes get caught up in the finer points of policies and strategies at a national level without appreciating the people who are putting all the fine words into practice,” Liam Kavanagh, Irish Times managing director said. “That’s what this event tonight – and indeed our monthly Innovation magazine – is all about.”

Liam Nellis, InterTradeIreland chief executive and chairman of the final judging panel, described Intune Networks as an excellent example of a company that was at the pinnacle of innovation.

Intune chief technology officer John Dunne said it was a “fantastic honour” and a “a great recognition for our team of engineers in particular”.

Intune has developed breakthrough technology known as optical packet switch and transport which is designed to alleviate bottlenecks across networks. To date, the company has received more than €49 million in funding from investors.

Kingspan Renewables won the Green-Tech category award, while Celtic Catalysts came out on top in the Application of RD section.

Other category winners included Vennetics, Fitzgerald Nurseries, AMNCH (Tallaght Hospital) and Ammado.

More than 120 companies entered the competition. Twenty of these were shortlisted, before the final winners were selected.

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