Armenia Fund USA, Inc.
152 Madison Ave, S-803
New York, NY 10016, U.S.A.
T/1-212-689-5307
F/1-212-689-5317
www.armen iafundusa.org
info@armeniafundusa.org

Armenia Fund USA to Host Nagorno-Karabakh President
Arkady Ghoukassian in New York

NEW YORK, New York – Armenia Fund USA is pleased to announce that it will
host Nagorno-Karabakh President Arkady Ghoukassian in New York on November
10, 2006 as part of his visit to the United States in connection with the
9th International Armenia Fund Telethon. President Ghoukassian will be
honored at a dinner reception at the Harvard Club featuring keynote speaker
attorney Mark Geragos who has built an international reputation for his
success defending celebrated cases. Mr. Geragos is a compassionate supporter
of Armenia and Armenian causes which he will highlight during the event.

Armenia Fund USA, with its international affiliates, has had an immense
impact on the development of Karabakh and Armenia since independence. The
organization remains the largest contributor to socio-economic
infrastructure projects there since 1992.

President Ghoukassian will meet with the supporters of the Fund and brief
them on recent political and economic developments in Karabakh. The Fund has
been heavily involved in reversing the impoverished conditions of a cluster
of 18 villages by establishing an Agricultural Development Association in
Mardakert, a region affected mostly by war. A groundbreaking change was also
accomplished with the opening of the Armine Pagoumian Polyclinic and Hrair
Hovnanian Diagnostic Center in Stepanakert. The project has fundamentally
changed the healthcare system in the region affecting lives of about 35% of
the population there.

Armenia Fund USA’s Regional Development Program, launched last year, is an
integrated approach to rural poverty eradication. It focuses on
sustainability and continuity of development combining local expertise and
need assessment of rural communities. The project encompasses all key
aspects of socio-economic development – access to education, proper
healthcare, and clean water, as well as sustainable infrastructure to
support irrigation water systems, roads and agricultural development.

ABOUT ARMENIA FUND USA founded in 1992, was one of the first of Hayastan
All-Armenian Fund’s 18 international affiliates and serves constituents in
all states east of the Mississippi. As a non-profit, non-governmental,
nonsectarian organization, the Fund represents all Armenian constituents.
Armenia Fund USA is the largest contributor among the 19 international
affiliates – supporting strategic infrastructure projects in Armenia and
Karabakh. The Fund has adopted a policy to go "Beyond Bricks and Mortar" to
provide sustainability for projects it sponsors.