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The opening of Accreon Inc in Charlottetown will add 20 jobs to the expanding group of Information Technology (IT) companies calling Prince Edward Island their home, says Innovation and Advanced Learning Minister Allan Campbell.

“Accreon is a growing company with a spirit for innovation and entrepreneurship,” said Minister Campbell. The IT industry has grown significantly in the past number of years and I am happy to announce that this expansion will create many new positions for skilled IT workers in Prince Edward Island.”

Accreon provides software development, maintenance, customization and implementation for large organizations. The company is presently working with a number of businesses regarding e-health development. Its expansion to Prince Edward Island will produce 20 new developer positions with an average salary of $60,000.

“We invest in Prince Edward Island due to our continued commitment to job and wealth creation in PEI,” says Michael Lavigne, Vice President of Business Development at Accreon. “We are continually impressed by the highly talented labour pool being produced in this market by Holland College and UPEI. Recruiting and retaining skilled and knowledgeable workers in Prince Edward Island provides us with a competitive advantage as we pursue opportunities in foreign markets.”

Accreon took part in the labour rebate program delivered by the Department of Innovation and Advanced Learning and Innovation PEI. Under the terms of the program, the company will receive funding based on the number of employees hired over the next two years. The provincial government contribution to the expansion is approximately $500,000.

Accreon is a technology and management services company based out of Fredericton, New Brunswick with locations in Manchester, New Hampshire and most recently Charlottetown, Prince Edward Island. For more information, please visit www.accreon.com.