Pismo Technoglogy International Limited is part of a group of companies that develops and sells computer network equipment. The aim of this project is to create the R & D & I centre of a successful foreign capital technology company in Lithuania and to create sustainable research jobs in it and to ensure the growth of global business with the new R & D & I centre in Lithuania. In order to allow the company’s further growth in the establishment of the company (new company), this new product development project will be initiated. The main objective of the project is to increase the company’s innovation potential and competitiveness after the project by introducing innovative and new products to the market. Successful implementation of the project will contribute to the growth of the company’s revenue and competitiveness in global markets.