ULCCS Ltd, the Developer of this prestigious project, is a society which was incorporated in 1925 with an objective of uplifting the grass root level of the society by participating them in the Nation Building exercise. In pursuing the same, the society had been successfully employing 2000 people directly and supporting 5000 families indirectly. 

Recently, the society recognizes that there is a phenomenal shift in the category of job seekers from uneducated and unskilled to educated and skilled ones. To meet the objective of employment generation for such class of job seekers, who constitute the majority, the society realizes that an addendum to its operations of construction works to large scale skilled employment generating initiatives like IT Parks. Apart from this, the Government has firm conviction that the involvement of the society as a strategic developer of this prestigious venture would fasten the pace of development of the Malabar Region in several folds. 

The Ministry of Commerce, Govt of India has accorded the DEVELOPER status to ULCCS Ltd for this project. Subsequently on 23rd February 2010, the 25.11 acre project site has been notified as an IT - SPECIAL ECONOMIC ZONE.