AMERIA AUDIT CJSC CONDUCTING STATUTORY AUDIT OF SYNOPSYS ARMENIA CJSC

ARKA News Agency, Armenia
Oct 5 2006

YEREVAN, October 5. /ARKA/. The Ameria Audit CJSC is currently
conducting a statutory audit of the Synopsys Armenia CJSC.

"As one of the PwC partners Ameria Audit CJSC was appointed by PwC
Ireland as an engagement office for statutory audit of Synopsys
Armenia CJSC," says a press release provided to ARKA.

This year Ameria Audit CJSC has completed the audit of annual financial
statements of the Synopsys Armenia CJSC.

"Following contentment by both PwC partners and Synopsys shareholders
Ameria Audit cjsc will continue to meet client expectations for the
audit years 2006 and 2007,"the press release says.

In 2005 following a competitive selection process PwC was assigned to
replace KPMG as the lead engagement office for the audit of a number
of EMEA and ASIAPAC Synopsys entities for the 2005 – 2007 years.

The Synopsys Armenia CJSC is a subsidiary of Synopsys Ireland Limited
(SIRL), which is the holding company for many of the EMEA/Asia Pacific
subsidiaries.

Synopsys is a leading provider of electronic design automation (EDA)
software and services used to design complex integrated circuits
(ICs), field-programmable gate arrays (FPGAs) and systems-on-chips
(SoCs) for the global semiconductor and electronics industries.

Synopsys’ solutions include pre-designed and pre-verified blocks of
intellectual property (IP) that can be easily inserted into design
flows, as well as technology to address yield and manufacturing issues
early in the design process.

Ameria is a group of professional services companies registered in
Armenia with the objective to provide a comprehensive package of
professional advisory and assurance services. Ameria specializes
in four major areas of professional activities: management advisory
services; assurance and advisory services; legal advisory services;
investment banking. Established in 1998, the company has become
a leader in the Armenian market of advisory services bringing an
international reach and local touch to complex issues rising in more
than 30 industry sectors.