Lasalletech continues global growth with help from MTEC SmartZone

When the father-and-son team of Jim and Jacob Northey started Lasalletech in 2006, they likely didn’t realize their company was going to make the jump it has in just five short years.

The company, which opened its first office in the MTECH SmartZone Jutila Center Campus, has found success through the development phase of their software productivity suite, as well as in product launch and, now, in sales.

Lasalletech has resellers, partners and clients in the financial trading industry around the globe. Shortly after their initial product launch in late 2010, they started partnering with resellers in the United Kingdom, Europe, Australia, South East Asia, Hong Kong, Middle East, North America--and now Brazil. The company, it seems, won’t be satisfied until it’s reaching all corners of the globe.

The new partnership with EXTOL of Sao Paulo, Brazil, was recently announced by the MTEC SmartZone, noting the success of one of the companies started with its help.

"Lasalletech is a great success story for us," says SmartZone CEO Carlton Crothers. "Last year we worked with Lasalletech and Keweenaw Economic Development Alliance (KEDA) to provide a loan that allowed them to launch their new product line. Lasalletech is exactly the type of success we are seeing from these loan programs."

As a resource for all MTEC SmartZone companies, and to facilitate communication between Lasalletech and their new global partner, MTEC SmartZone invested in two Polycom high-definition video conferencing systems at both the Jutila Center and the flagship, 17,000-square-foot, Lakeshore location.

"Lasalletech has found the HD video conferencing system invaluable for regular communications with their customer in Brazil," Crothers states.

Lasalletech’s key product is a software productivity suite that includes next-generation software tools that support systems to improve productivity and communication in the global financial trading industry. Their FIX Productivity Suite is a series of highly integrated tools that help reduce costs and result in quicker trades to market.

Writer: Sam Eggleston
Source: Carlton Crothers, MTEC SmartZone
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