The strategic decision to change into a private shareholding company is accompanied with a raise in the ESKADENIA Software registered working capital.
The adjustment in brand and legal status is an anticipated outcome from the very natural and steady growth that ESKADENIA Software has been undergoing since its establishment in Jordan in year 2000.
As the direction of the company for the past seven years has been towards building a line-up of advanced Telecom, Enterprise, and Internet software 'products' and Intellectual Property (IP), the company's brand name and logo have been updated to reflect this solid and strategic product orientation. The re-branding better positions the company as an innovator of its own technologically advanced registered software products, rather than a provider of merely bespoke software 'solutions'.
"We look forward to introducing a share option program for senior employees in the company and to strengthen the organisation's brand, products, and human resources much further. We have also recently finished the IP registration of the ESKADENIA Software distinctive brand in several countries through Abu-Ghazaleh Intellectual Property (AGIP) including the Middle East, India and China in preparation for further expansion in operations,"
said Doha Abdelkhaleq, Executive Director at ESKADENIA Software.
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Posted by Anne-Birte Stensgaard, Senior News Editor
