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  • RA Ministry Of Economy Held Press Conference

    RA MINISTRY OF ECONOMY HELD PRESS CONFERENCE

    RIA OREANDA
    Sept 8 2008
    Russia

    Yerevan. OREANDA-NEWS On 08 September was announced, that the
    Press Conference on Armenian Technology Congress '08, that will be
    conducted on October 4 and 5 in Yerevan, took place at the RA Ministry
    of Economy.

    The speakers of the Press Conference were: Nerses Yeritsyan, the
    Minister of Economy, Tony Moroyan, co-chairman of the Congress and
    Dr. Rich Goldman, vice president of Corporate Marketing & Strategic
    Market Development at Synopsys, and CEO of Synopsys Armenia

    Press Release

    ArmTech Congress08 Highlights the Rise of Armenias High Tech Industry

    YEREVAN, Republic of Armenia and MOUNTAIN VIEW, California, USA
    September 5, 2008 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 Armenias 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 Dr. 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 Armenias 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 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
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