LYCOS-ARMENIA EDUCATIONAL CENTER AWARDES WITH CERTIFICATES ITS FIRST 36 STUDENTS
YEREVAN, MAY 18, NOYAN TAPAN. With the assistance of the Lycos Armenia
cjsc and the Enterprises Incubator Foundation, the first 36 graduates
completed their studies at the Internet Technologies Centers run
at the State Engineering University of Armenia and Yerevan State
University. As Managing Director of Lycos Armenia Hovhannes Avoyan
said at the May 17 ceremony when the graduates were officially given
their certificates,those 36 persons were chosen from over 200 first-
and second-year students from various educational institutions
of Armenia who applied for admission to the Centers. It was noted
that 24 graduates are now working at Lycos Armenia. According to RA
Deputy Minister of Trade and Economic Development Tigran Davtain,
this kind of approach to personnel training taken by a private comany
is evidence of the fact that Armenia has long-term opportunities in
the information technologies sphere. It was indicated that by late
2005, Lycos plans to increase the amount for the implementation of
scientific-educational programs in Armenia to 500,000 euros. The
company invests 2-3 mln euros each year in the country’s economy.