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FOR IMMEDIATE RELEASE

Alan Fogg, Director of Communications
afogg@fceda.org, 703-790-0600

Israeli, Korean and Canadian firms Move or Expand Operations in Fairfax County

New jobs in January total 1,023

Fairfax County, Virginia, February 24, 2000 — Eight corporations including an Israeli telecommunications firm that will move its North American headquarters from Florida, a Korean software manufacturer that moved from Silicon Valley, and a large Canadian telecommunications firm announced in January that they would expand in or relocate operations to Fairfax County.

The companies will add 1,023 jobs to the economy, according to the Fairfax County Economic Development Authority (FCEDA).  Typically, every new job added spins off two to three jobs in the secondary economy.

Of the eight companies making announcements in January, five are international: two from Israel and one each from Korea, Japan and Canada. About 150 foreign companies have operations in the county. "The number of international firms moving or expanding here shows that Fairfax County is the new melting pot for the technology economy," said Gerald L. Gordon, president of the FCEDA.

Some of the largest relocations and expansions in January were:

Company Location New  Jobs  Type

Cavalier Communications

Herndon

50  

New to county

ECI Telecom*

Herndon

190  

Expansion

Gilat Satellite Networks*

McLean

250  

Expansion

NEC America*

Chantilly

100  

Expansion

Prosperity Technical Services, Inc.

Fairfax

25  

Expansion

Siebel Systems

Reston

145  

New to county

Teleglobe (I)*

Reston

130  

Expansion

Teleglobe (II)*

Reston

130  

Expansion

Uriel Systems, Inc.*

Tysons Corner

3  

New to county

* Foreign firm.

ECI Telecom, an Israeli telecommunications equipment provider, is moving its North American headquarters from Fort Lauderdale, Fla. Gilat Satellite Networks, another Israeli company, is adding to its U.S. headquarters operation.

Uriel Systems Inc., a Korean developer of e-commerce software, moved from Palo Alto, Calif. NEC America, the Japanese-based electronics firm, is adding to its telecommunications service operation. Teleglobe, a Canadian telecommunications company, is expanding operations at its U.S. headquarters.

For technology companies, Fairfax County offers a state-of-the-art telecommunications infrastructure, access to domestic and international markets through Washington Dulles International Airport, a well-educated workforce and an excellent quality of life.

The Fairfax County Economic Development Authority assists businesses by identifying possible sites and facilities, and is a source for up-to-date demographic and economic statistics.  Visit the FCEDA's Web page at www.FairfaxCountyEDA.org.

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