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Fishers a Video Software development company to add 49 new jobs

Fishers a Video Software development company to add 49 new jobs

Fishers-based Exacq Technologies Inc. Will invest $1.1 million to grow its Exit 5 Parkway headquarters, making as much as 49 new roles by 2013.The Indiana Business Development Corp. Articulated the firm's plans early Tues.8 year old Exacq, which develops software systems that arrange video security and surveillance for local and global consumers, plans to start hiring this month. It already employs thirty, up from seventeen in 2007.

Exacq was one of fifty companies identified as Indiana Corporations to look at by the Indiana Commercial Development Company . And its small enterprise Development Center network. The respect recognizes up and coming companies that employ up to 150 and have at least $750,000 in annual income or working funds.

The IEDC offered the organization as much as $650,000 in performance-based tax subsidies and up to $7,500 in training grants. The city of Fishers will consider further property tax decrease.

"Indiana is an excellent spot to grow and operate a technology business, " company President Dave Underwood announced in a prepared statement. "particularly, our walking distance to faculties like Rose-Hulman, Purdue, Indiana, and IUPUI provides us with a rich pool of young talent to pick from. "

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