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ArmTech Congress '08 Highlights The Rise Of Armenia's High Tech Indu

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  • ArmTech Congress '08 Highlights The Rise Of Armenia's High Tech Indu

    ARMTECH CONGRESS '08 HIGHLIGHTS THE RISE OF ARMENIA'S HIGH TECH INDUSTRY

    Science Letter
    September 16, 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 Armenia's strategic high tech industry while promoting
    international business linkages and investments for further growth
    (see also Synopsys).

    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/.
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