SYRACUSE - ShoreGroup, Inc., an IT systems management provider, will retain and expand its software development and managed services operations in Onondaga County, anticipating the creation of 200 new high-wage jobs through 2016.

“The expansion of ShoreGroup is another example of an industry-leading, home-grown company choosing to strengthen and grow its roots in New York,” Governor Andrew Cuomo said. “By forging public-private partnerships such as this, we can leverage state resources to generate significant investment and create the jobs we need to grow the Upstate economy.”

Utilizing $3 million in Excelsior tax credits from Empire State Development, the company expects to invest $2.14 million to move from its existing 7,600 square feet leased offices in Syracuse to 15,000 square feet, and expects to require 23,000 square feet within the next five year period. In addition to the creation of 200 new, high-wage jobs, the expansion allows the company to retain all of its current 113 Upstate software development and managed services employees, including 98 at-risk jobs which would have been lost if this project was implemented out-of-state.

“New York has been our home for over a decade and the Syracuse area is fertile with software development talent, especially in the areas surrounding Syracuse University,” said ShoreGroup CFO Alan Bendes. “Our CaseSentry network and application management platform was born in Syracuse and continues to blossom here.