ARMENIAN SUBSIDIARY OF VIRAGE LOGIC INTERNATIONAL INCREASES ITS WORK WOLUME BY 20%

Noyan Tapan
May 8, 2009

YEREVAN, MAY 8, NOYAN TAPAN. Virage Logic company (U.S), a leader in
the development of intellectual property of semi-conductor equipment
memory components, in early 2009 moved the activities of its New Jersey
office to the Armenian subsidiary whose work volumes have increased by
about 20%, while the number of employees has not changed: 120 people
work at the subsidiary, NT correspondent was informed by Director of
Virage Logic’s Yerevan subsidiary Varuzhan Masarajian.

In his words, Virage Logic continues implementing joint scientific and
research work with international leaders of computer production. One
of the latest examples of this cooperation is joint work with Advanced
Micro Devices (AMD), a U.S. company. The implementation of this work
is mainly related to further development of STAR Memory System and
other memory systems, and Virage Logic carries out this work mostly
by efforts of its Yerevan subsidiary. Other examples of cooperation
are the recently announced joint activities with international leaders
such as IBM, NEC Electronics and other companies.

It is noteworthy that in late May Virage Logic launched its biggest
university program at Yerevan State University (YSU). Virage Logic’s
Program on Design and Testing of Giant Scale Integration Electronic
Circuits started at the IT Educational and Research Center of YSU,
as well as a test room for design and tests of these circuits opened
there. Virage Logic has transferred an "internal program" for training:
a 2.3 million-dollar intellectual property and software to YSU,
and it is now available to students of various Armenian universities.