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ArmTech Congress '08 Highlights the Rise of Armenia's High Tech

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  • ArmTech Congress '08 Highlights the Rise of Armenia's High Tech

    Trading Markets (press release), CA
    Sept 5 2008

    ArmTech Congress '08 Highlights the Rise of Armenia's High Tech Industry

    Fri. September 05, 2008; Posted: 09:00 AM
    7 Stocks You Need To Know For Tomorrow -- Free Newsletter


    YEREVAN, Republic of Armenia and MOUNTAIN VIEW, Calif., Sept 05, 2008
    /PRNewswire-FirstCall via COMTEX/ -- SNPS | Quote | Chart | News |
    PowerRating -- The Armenian Technology Congress announced that the
    annual high tech industry conference, ArmTech Congress '08, will be
    conducted on October 4 and 5 in Yerevan under the auspices of the
    Prime Minister of the Republic of Armenia (RA), Tigran Sargsyan, and
    supported by the RA Ministry of Economy, leading high tech industry
    companies, academia and international organizations. The conference
    will highlight the rise of Armenia's strategic high tech industry
    while promoting international business linkages and investments for
    further growth.

    The Government of the Republic of Armenia (RA) stressed the importance
    of the ArmTech Congress. According to Nerses Yeritsyan, the RA
    Minister of Economy: "The ArmTech Congress serves as a means to
    provide the platform to discuss, plan and execute policies and actions
    to keep Armenia on the current path of excellent achievement,
    increasing its global recognition as one of the fastest growing high
    tech destinations in the world. Moreover the Government of the RA
    considers the ArmTech Congress an unprecedented opportunity to obtain
    business and professional information, and make key connections
    spanning the global high tech industry. Directly involved will also be
    government representatives from Armenia and the U.S., major players in
    the financial and services sectors and leading academics."

    "ArmTech is envisaged as a recurring annual global high tech industry
    conference, alternating between Silicon Valley and Armenia. Its
    historical and successful debut in 2007 in Silicon Valley, California
    established a challenging benchmark for subsequent years," said Tony
    Moroyan, the founder and co-chair of ArmTech Congress. "We are very
    happy that the Armenian Government has adopted ArmTech Congress as its
    Global High Tech Industry Conference by holding the second ArmTech
    Congress in Yerevan in 2008."

    The continuing growth of the technology sector in Armenia, together
    with the expansion of the global Armenian technology community, has
    created a need for a professional forum to improve communications and
    cooperation among Armenian high-tech professionals and executives. The
    ArmTech Congress is the response to this need. ArmTech delivers an
    ideal mix of international business insights, advanced technology
    content, and networking channels to leverage opportunities for
    professionals and enterprises in the community. With its wide range of
    technology and business sessions, ArmTech Congress offers the
    opportunity to share information, identify new business opportunities,
    make new contacts, and create valuable extended professional
    networks. The program of ArmTech Congress '08 has been designed to
    directly address these objectives.

    ArmTech Congress '08 will be attended by high tech industry successful
    leaders from the U.S.A., Russia and Europe. Armenia will be
    represented by government officials, international organizations and
    representatives from academia, as well as experienced professionals
    from leading Armenian high tech companies.

    "Armenia holds great potential, but we continue to be impacted by
    major and unnecessary challenges that greatly reduce the
    attractiveness of Armenia for Foreign Direct Investment. A
    progressive, forward thinking government can go a long way toward
    making Armenia an investment destination. ArmTech Congress offers a
    venue for a gathering of business, government and academic thought
    leaders to openly discuss the issues and challenges, and agree to
    actions that will strengthen Armenia's business and IT environment,
    making Armenia truly competitive in the IT sphere," said Rich Goldman,
    vice president of Corporate Marketing & Strategic Market Development
    at Synopsys, and CEO of Synopsys Armenia. "Challenges exist in all
    three areas; government, academia, and business, and we must work
    together to resolve them and develop ideas that will lead to the
    accelerated economic development of Armenia. ArmTech gives us this
    opportunity."

    About Armenian Technology Congress

    Headquartered in Silicon Valley, the Armenian Technology Congress was
    founded by technology and business professionals to foster
    professional growth in the worldwide Armenian technology community,
    and to promote the growth of Armenia's rapidly rising technology
    sector. The organization welcomes liaisons with other entities that
    are similarly aligned and has no political affiliations. Building on
    the success of ArmTech '07, the development of repeatable
    international technology and business conferences is the current focus
    of the organization. For more information, please visit
    http://www.armtechcongress.com.

    About ArmTech Congress '07

    The first Armenian Technology Congress, ArmTech Congress '07, took
    place in San Francisco, in California, USA on July 4-7, 2007, at the
    Fairmont Hotel. Designed to promote professional networking and
    valuable connections for operating companies and entrepreneurs, the
    event, attended by nearly 300 participants, featured presentations of
    the technology achievements and challenges of Armenia by numerous
    operating companies, service providers, academic institutions and
    government officials from the U.S., Armenia and around the world

    Media Contacts Armenia: USA: Gayane Markosyan Jeff Muscatine Synopsys
    Prospero Consulting Group Tel/Fax: 374 10 492356/374 10 492696 (PR for
    Armenian Technology E-mail: [email protected] Congress) Tel:
    1-650-320-8308 E-mail: [email protected] Mary Melikyan
    Armenian Development Agency Tel/Fax 374 10 570170, #107 E-mail:
    [email protected]

    SOURCE Synopsys


    http://www.synopsys.com
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