Empire State Development today announced the opening of LBi Software’s new 25,000 square foot facility in Melville, Long Island. LBi Software Inc., a software development firm creating cutting-edge computing solutions for Major League Baseball and the National Basketball Association, will create 16 new jobs with their expansion.
"LBi's decision to expand on Long Island is further proof that Governor Cuomo's approach to job creation is the right one," said Lieutenant Governor Kathy Hochul, who attended today's ribbon cutting. "With strategic investments in companies that complement the local workforce and help build regional industry clusters, we are laying the foundation for long-term, sustained economic growth."
“LBi Software is homegrown in New York State and continues to innovate in this evolving industry,” said ESD President, CEO, and Commissioner Howard Zemsky. “The opening of this newest facility on Long Island is a hallmark of LBi’s success and we are proud to support the growth and the creation of new jobs in this community.”
“We are proud to call New York home and grow our software firm right here on Long Island. The access to talent from local universities is second to none. We thank the New York State and Suffolk County for their support," said Rich Teed, President of LBi Software.
LBi Software, Inc. develops enterprise software solutions. Its products include web-enabled Human Resources help desk solutions and sports management software. The company recently launched LBi Dynasty, a custom sports analytics solution, and now has clients in Major League Baseball, the National Football League and the National Basketball Association.
To encourage LBi’s growth in New York State, ESD offered the company up to $300,000 in performance-based tax credits through the Excelsior Jobs Program. LBi Software will create 16 new jobs and invest $6 million to build out their new 25,235 square foot building operations facility located at 999 Walt Whitman Road in Melville, New York. LBi will also retain 47 existing jobs in New York.
“Low-cost power from Governor Cuomo’s ReCharge NY program helps businesses, like LBI Software, and not-for-profits expand and thrive,” said Gil Quiniones, NYPA CEO and President. “ReChargeNY has been so impactful for enterprises all across the state and we at NYPA are pleased to continue to work to ensure that more and more businesses can take advantage of the program.”
About LBi Software Inc.
LBi Software provides precisely engineered, customer-focused software solutions and analytics developed from more than 30 years of experience in HR technology and Sports Information Management. Their flagship solution, LBi HR HelpDesk, is an innovative HR case management and call-tracking workflow solution that creates a rich and powerful knowledge base on the fly, with a unique tiered pricing structure that appeals to organizations of any size. LBi Software’s custom sports analytics solution,LBi Dynasty, helps creates better sports teams through precise, customized data succinctly delivered to club decision-makers in any format, on any device. For more information, please visit www.LBiSoftware.com and www.LBiDynasty.com.
About Empire State Development
Empire State Development (ESD) is New York’s chief economic development agency (www.esd.ny.gov). The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing Governor Cuomo’s Regional Economic Development Councils and the marketing of “I Love NY,” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, please visitwww.regionalcouncils.ny.gov and www.esd.ny.gov.
Contact:
Amy Varghese (ESD) | [email protected] | (212) 803-3740
ESD Press Office | [email protected] | (800) 260-7313