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Synopsys Armenia Among 12 Finalists to Receive US Sec of State award

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  • Synopsys Armenia Among 12 Finalists to Receive US Sec of State award

    Journal of Technology & Science
    November 28, 2010


    TECHNICAL AND SYSTEM SOFTWARE COMPANIES;
    Synopsys in Armenia Among Twelve Finalists to Receive U.S. Secretary
    of State's 2010 Award for Corporate Excellence ACE



    Synopsys, Inc. (Nasdaq: SNPS), a world leader in software and IP for
    semiconductor design, verification and manufacturing, announced 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."




    From: A. Papazian
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