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Synopsys in Armenia Among Twelve Finalists to Receive U.S. Award

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  • Synopsys in Armenia Among Twelve Finalists to Receive U.S. Award

    PR Newswire (press release)
    Nov 10 2010


    Synopsys in Armenia Among Twelve Finalists to Receive U.S. Secretary
    of State's 2010 Award for Corporate Excellence (ACE)

    Special recognition plaque from the State Department unveiled at
    Synopsys Armenia


    YEREVAN, Armenia, Nov. 10, 2010 /PRNewswire/ -- Synopsys, Inc.
    (Nasdaq: SNPS), a world leader in software and IP for semiconductor
    design, verification and manufacturing, announced today that the U.S.
    State Department has recognized Synopsys in Armenia among 12 finalists
    worldwide for the U.S. Secretary of State's prestigious 2010 Award for
    Corporate Excellence (ACE). The finalists were chosen from a record
    number of 78 nominations submitted by American ambassadors around the
    world. ACE finalists are international business leaders who recognize
    the vital role that U.S. businesses play abroad as good corporate
    citizens. The Secretary of State has awarded the ACE since 1999 to
    recognize U.S. businesses for advancing good corporate citizenship,
    innovation and democratic principles.

    Synopsys is recognized for the software company's "promotion of U.S.
    and foreign investors by showcasing Armenia as a potential
    informational technology (IT) hub; collaboration with universities on
    IT training programs; and reduction of pollution levels by planting
    hundreds of trees to counter recent deforestation."

    On November 10, 2010, Honorable Marie L. Yavanovitch, Ambassador of
    the United States of America, revealed a special plaque at the
    Synopsys Armenia R&D Center in Yerevan. The plaque is signed by Under
    Secretary of Economic, Energy and Agricultural Affairs Robert Hormats.
    The special citation was offered to Synopsys "in recognition of
    corporate citizenship, innovation and exemplary business practices in
    Armenia."

    Other finalists are Alta Ventures in Mexico, Cisco in Israel,
    Coca-Cola in Swaziland, Denimatrix in Guatemala, Fiji Water in Fiji,
    GE in India, Intel in Costa Rica, Mars, Inc. in Ghana, PepsiCo in
    India, Qualcomm in China, and Tang Energy in China.

    "Synopsys is committed to bringing the best technology solutions to
    our customers and to improving the communities where our employees
    work and live. Synopsys Armenia exemplifies how our business practices
    throughout the world reflect our company values of leadership,
    customer success and integrity," said Rich Goldman, vice president of
    corporate marketing and strategic alliances at Synopsys. "Whether it's
    helping ensure engineering students have access to the most advanced
    tools available, or planting trees in areas devoid of greenery,
    Synopsys' investments are intended to encourage growth. We thank the
    U.S. Secretary of State for recognizing these achievements by choosing
    Synopsys Armenia as an ACE finalist, and hope this recognition will
    inspire other companies to promote corporate social responsibility."

    About Synopsys Armenia CJSC and Synopsys, Inc.

    Synopsys, Inc. is a world leader in electronic design automation
    (EDA), supplying the global electronics market with a comprehensive,
    integrated portfolio of software, intellectual property (IP) and
    services used in semiconductor design, verification and manufacturing.
    Synopsys established its presence in Armenia in 2004, after Armenia
    declared information technology (IT) as a priority business for the
    country. Since then, Synopsys Armenia closed joint stock company
    (CJSC) has become an important Synopsys site, providing R&D and
    product support in EDA, design for manufacturing (DFM) and the
    development of semiconductor intellectual property (IP). The company
    employs several hundred qualified Armenian engineers and is one of
    largest IT employers in Armenia. To help provide Armenia with highly
    qualified IT specialists, Synopsys Armenia invests locally in IT
    education and is engaged in a number of successful cooperation
    programs with major Armenian universities such as Yerevan State
    University (YSU), State Engineering University of Armenia (SEUA),
    American University of Armenia (AUA), Russian-Armenian (Slavonic)
    State University, and the Moscow Institute of Electronic Technologies
    (MIET). The company consistently promotes public interest in the high
    tech industry by sponsoring Presidential Awards for the best students
    in IT and contests among young specialists and students, and engages
    the broader community through charity work and volunteer activities.
    Synopsys Armenia CJSC is located in Yerevan. Synopsys, Inc. is
    headquartered in Mountain View, California, and has approximately 70
    offices located throughout North America, Europe, Japan, Asia and
    India. Visit Synopsys, Inc. and Synopsys Armenia online at
    http://www.synopsys.com and http://www.synopsys.am.

    Synopsys is a registered trademark of Synopsys, Inc. Any other
    trademarks or registered trademarks mentioned in this release are the
    intellectual property of their respective owners.

    Editorial Contacts:


    Gayane Markosyan Yvette Huygen
    Synopsys Armenia Synopsys, Inc.
    (374 10) 492-356 650-584-4547
    (374 91) 292-302 [email protected]
    [email protected]

    http://www.prnewswire.com/news-releases/synopsys-in-armenia-among-twelve-finalists-to-receive-us-secretary-of-states-2010-award-for-corporate-excellence-ace-107067313.html




    From: A. Papazian
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