Town have confirmed that striker Ronan Murray has signed his new one-year deal with the Blues. As reported earlier, the Irish U21 international is set to rejoin Swindon on loan until the end of the season.
Manager Paul Jewell told the club site: "Ronan is going back to Swindon with a new contract and a clear mind. He's done well there. He's been in and around the first-team and scored a couple of goals.
"The loan's been good for him. It's given him a real lift and he's proved he can play at that level.
"He's going to a club that is chasing promotion and has got some big cup games to play and that will be great experience for him.
"Hopefully, he will score a bag full of goals there and then come back to us full of confidence in the summer, ready to stake his claim for a first team place."
The 20-year-old, who is now committed to the Blues until June 2013, says he's chuffed to be extending his time both at Portman Road and the County Ground: "I'm obviously delighted to have been given a new contract here.
"It means I know where my future is beyond the summer when my contract was going to finish, and I can come back here and push hard for a place in the side at the start of next season.
"I really enjoyed my time at Swindon and when the manager here said that they were happy for me to go back there on loan for the rest of the season, I jumped at the opportunity.
"It's been great to be involved down there week after week and that's what I need at this stage of my career.
"Swindon are in a good position in the league and hopefully I can play my part in taking the club up. There are also some big cup games coming up, in the FA Cup and in the Johnstone's Paint Trophy, so it's an exciting time."
Murray joined Town’s Academy at 15 from Erris United in County Mayo after being spotted by former Blues striker Robin Turner, who is now a referee in the west of Ireland.