"ARMTECH 2007" TO PLAY IMPORTANT ROLE IN DEVELOPMENT OF ARMENIAN IGORMATION TECHNOLOGIES SECTOR

Noyan Tapan
Apr 26 2007

YEREVAN, APRIL 26, NOYAN TAPAN. A 50-member delegation will represent
Armenia at the first Armenian high-tech congress "Armtech 2007"
to be held in San Francisco on July 4-7. Armen Grigorian, Secretary
of the IT Development Support Council, Head of the Secretariat on IT
Development Issues of the Armenian Development Agency (ADA), told NT
correspondent about it.

According to him, the USAID Competitive Armenian Private Sector (CAPS)
Program will assist representatives of 10 newly established Armenian
IT companies with participating in the congress. Representatives
of another 10 IT companies will take part in "Armtech 2007" at
the expense of their own funds. A. Grigorian said that a number
of scientific production enterprises engaged in Armenia’s other
high-tech sectors such as biotechnologies, chemistry, nanotechnologies,
alternative renewable energy – have also expressed a desire to sent
their representatives to San Francisco. "Our goal is to obtain funds
to ensure their participation," the ADA official noted.

He said that representatives of leading US scientific centers,
high-tech companies and venture funds will take part in "Armtech 2007".

In his words, discussions will be held in accordance with the above
mentioned sectors, as well as speciality subsections.

"The congress will play an important role in terms of finding new
partners for Armenian high-tech companies, attracting investments to
high-tech sectors of our economy and encouraging their development,
as their potential will be presented to leading global companies
which have offices in Silicon Valley," A. Grigorian said.