Call For Investments In Armenia

CALL FOR INVESTMENTS IN ARMENIA

Lragir, Armenia
Sept 26 2007

Synopsys, a world leader in information technology, has been making
investments in Armenia since 2004 and calls on other IT companies
to make investments in Armenia. Rich Goldman, vice president on
market strategy of the company, made this call in a news conference
on September 26 in Yerevan. I think many companies can successfully
work in Armenia, and we will gladly cooperate with them, he said.

The manager of Synopsys Armenia Hovik Musayelyan said Synopsys is
working out a long-term policy for Armenia. "Synopsys is likely to
carry out long-term activities in Armenia, and evidence to this is
major investments and projects," Musayelyan said. According to him,
the company cooperates with the Armenian universities, for it takes
care about training of good specialists and development of IT in the
country, ARKA reported.