ArmTech Congress-08 Second Expo To Provide Grounds For Economic Prog

ARMTECH CONGRESS-08 SECOND EXPO TO PROVIDE GROUNDS FOR ECONOMIC PROGRESS IN ARMENIA

ARKA
September 5, 2008

YEREVAN, September 5. /ARKA/. The second IT expo ArmTech Congress-08
will provide grounds for Armenia’s economic development, said Rich
Goldman, general director of Synoposys Armenia.

He believes the new Armenian government is a reformer, the Ministry
of Economy trying to make a better use of the country’s IT potential.

Goldman said ArmTech is a bridge linking the private sector and
the government.

The first Armenian Technology Congress that took place in San
Francisco, in California on July 4-7, 2007, was designed to promote
both professional networking and valuable connections for operating
companies and entrepreneurs, according to Goldman.

The second IT congress will be held in Yerevan on October 4-5,
2008. The high-tech-focused event is designed for professionals
interested in engaging in the global Armenian community and the
rapidly rising technology sector of Armenia. Representatives from
European, Asian countries, as well as a number of leading Russian,
French and U.S companies will participate in the congress.

The initiator of the event, Synopsys, Inc, established its presence
in Armenia in 2004, shortly after Armenia’s declaration of IT as
a priority sector. Since then, the company has become one of the
largest Synopsys sites outside of the United States providing R&D
and product support in the areas of EDA, Design for Manufacturing
and development of semiconductor IP.