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Synopsys Armenia Continues Tradition Of Good Corporate Citizenship B

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  • Synopsys Armenia Continues Tradition Of Good Corporate Citizenship B

    SYNOPSYS ARMENIA CONTINUES TRADITION OF GOOD CORPORATE CITIZENSHIP BY PLANTING HUNDREDS OF TREES IN YEREVAN

    Noyan Tapan
    10.10.2011

    YEREVAN, Armenia, October 09, 2011- Synopsys, Inc. (Nasdaq:SNPS), a
    world leader in software and IP used in the design, verification and
    manufacture of electronic components and systems, today announcedthat,
    as part of its seventh annual Synopsys Armenia tree planting community
    event, approximately 600 employees of Synopsys Armenia CJSC, members
    of their families and students of the Synopsys Armenia Educational
    Department (SAED) planted more than 600 thuya evergreen trees in the
    area surrounding the European Regional Educational Academy and the
    Chess Academy of Armenia in Yerevan. Under the slogan "one tree for
    each employee," Synopsys Armenia has planted more than 3,000 trees
    in seven years.

    The annual event was a coordinated outreach effort of the Synopsys
    Community Volunteer Program and was sponsored by the Synopsys for
    Armenia Charitable Foundation. The Armenia Tree Project Charitable
    Foundation (ATP) partnered with Synopsys by providing evergreen
    saplings from its Karin and Khachpar nurseries. ATP also prepared
    the planting plots and will monitor the planted trees as they grow.

    Adults and children actively engaged in the community activity with
    guidance from trained volunteers. Participants included Dr. Chi-Foon
    Chan, Synopsys president and chief operating officer; Rich Goldman,
    Synopsys Armenia CEO and Synopsys VP of Corporate Marketing &
    Strategic Alliances; Hovik Musayelyan, Synopsys Armenia director;
    Jeff Masarjian, ATP executive director; Mher Sadoyan, ATP Yerevan
    director; and other Synopsys Armenia and ATP staff and executives.

    Since Synopsys was first established in Armenia in November 2004, it
    has strived to be a good corporate citizen. The company has contributed
    to the progress of Armenian society by helping to improve the country's
    educational system and by implementing other assistance programs. In
    2010 the U.S. Department of State recognized Synopsys in Armenia among
    12 finalists worldwide for the U.S. Secretary of State's prestigious
    Award for Corporate Excellence (ACE). ACE finalists are international
    business leaders who recognize the vital role that U.S.

    businesses play abroad as good corporate citizens. Synopsys was
    nominated for it'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."

    "As a global company, Synopsys recognizes the responsibilities that
    U.S. businesses have abroad. We were humbled to be among the 12 U.S.

    companies selected by the U.S. Department of State for ourcorporate
    citizenship, innovation and exemplary business practices in Armenia,"
    said Dr. Chan. "We continue to partner with and give back to the
    local communityby voluntarily planting hundreds of trees in Yerevan
    and contributing to the prosperity of Armenia."

    "Synopsys employees view tree planting as a way to give back to our
    community by reducing air pollution and helping to renew Yerevan's
    commitment to a healthy environment," said Mr. Goldman. "It's
    heartening to see our employees plant trees with their families. It
    helps cultivate a lasting culture of taking care of the environment
    in which we live and work."

    "On behalf of ATP, I sincerely thank Dr. Chi-Foon Chan and the
    employees of Synopsys for their remarkable leadership in demonstrating
    corporate social responsibility in Armenia. As part of our ongoing
    collaboration, more than 600 participants planted trees and greenery
    at the Chess Academy, honoring Armenia as World Chess Champions of
    2011," said Mr. Masarjian. "In addition, we planted trees together at
    the European Academy to mark its 10 year anniversary celebration! I
    cannot think of a more fitting tribute to these institutions that
    are committed to promoting a healthy environment for Armenia's future."

    "I appreciate the joint tree planting with Synopsys as we beautify our
    city," said Prof. Andranik Avetisyan, European Regional Educational
    Academy rector. "It is a great honor to share in this wonderful
    initiative with Synopsys management and staff. We will eagerly take
    care of the planted trees as they will add to the architectural
    richness and history of the Academy. I express my deep gratitude
    for this thoughtful gift to commemorate the 10th anniversary of our
    beloved Academy."

    "The trees represent lasting friendship between Synopsys and the
    Chess Academy," said Smbat Lputian, Chess Academy of Armenia founder
    and president. "It is with great honor that we accept the trees as
    a dedication to Armenia winning the 2011 World Team Chess Championship.

    Synopsys' outstanding activities and achievements, coupled with their
    social values and community engagements, foster collaboration and
    goodwill in our country. Thank you to Synopsys for your friendship
    and community leadership!"

    "Synopsys consistently promotes the importance of corporate social
    responsibility. Planting trees has become an annual tradition for
    Synopsys Armenia, with employees planting more than 400 trees every
    year since 2005," said Mr. Musayelyan. "Synopsys planted trees in
    Viasphere Technopark in 2005, Victory Park in 2006, Tsitsernakaberd
    Park in 2007, on a hillside of Nor Nork district of Yerevan in 2008,
    in the central park of Yerevan's Malatia-Sebastia district (near
    the recently built Holy Trinity Church) in 2009, and along one of
    the main alleys leading to the Genocide Museum and in the public park
    that occupies the hill next to the PYUNIC disabled people organization
    in 2010."

    "I've been with Synopsys for five years and I can say that tree
    planting is one of the most important events of Synopsys Week in
    Armenia," said Anna Asatryan, a previous SAED student and now a
    Synopsys Armenia employee. "This tradition is an excellent example
    of how an IT company can be a good corporate citizen. In addition,
    it's a great opportunity for employees to spend the weekend together
    with their families outdoors taking care of the environment in which
    we live and build our future."

    About Armenia Tree Project (ATP Charitable Foundation)

    Armenia Tree Project (ATP Charitable Foundation), a non-profit
    program based in Watertown and Yerevan, conducts vitally important
    environmental projects in Armenia's impoverished and deforested zones
    and seeks support in advancing its reforestation mission. Since 1994,
    ATP has made enormous strides in combating desertification in the
    biologically diverse but threatened Caucasus region. Armenia Tree
    Project has planted and restored more than 3,500,000 trees at over
    800 sites around the country. ATP's mission is to assist the Armenian
    people in using trees to improve their standard of living and protect
    the environment, guided by the need to promote self-sufficiency, aid
    those with the fewest resources first, and conserve the indigenous
    ecosystem. ATP's three major programs are tree planting, environmental
    education, and sustainable development initiatives.

    Contacts: ATP Charitable Foundation, ARMENIA TREE PROJECT,
    57/5 Arshakunyats Ave., Yerevan 0026, Armenia. Tel.: (374 10)
    447401/447402. Tel/Fax: (374 10) 447726. Website: www.armeniatree.org.

    About the Synopsys for Armenia Charitable Foundation

    The Synopsys for Armenia Charitable Foundation was established in
    July of 2005. It supports Synopsys' R&D operations in Armenia through
    a number of educational and social initiatives. Its activities are
    divided into two sections: educational and social. The Foundation's
    educational programs include support to all Synopsys educational
    programs for ongoing professional engineering education, conducted
    in cooperation with major Armenia universities. The Foundation also
    funds the RA Presidential Awards for the best students in the IT
    sector and sponsors various IT-related contests targeting students
    and young professionals. The Foundation's social activities primarily
    assist the local communities.

    About Synopsys, Inc. and Synopsys Armenia CJSC

    Synopsys, Inc. (Nasdaq:SNPS) fuels innovation in the global electronics
    market with software, systems, semiconductor IP and services that
    address key design, verification and manufacturing challenges. A
    leader in electronic design automation (EDA), Synopsys, established
    a presence in Armenia in 2004 as Synopsys Armenia closed joint
    stock company (CJSC). Synopsys Armenia CJSC provides R&D and product
    support in EDA, design for manufacturing (DFM) and the development of
    semiconductor intellectual property (IP). Employing several hundred
    qualified Armenian engineers, Synopsys is one of largest IT employers
    in Armenia. To encourage the highest levels of accomplishment for
    students in IT, the company sponsors awards and competitions such
    as the Annual Educational Awards of the Republic of Armenia (RA)
    President, and the Annual International Microelectronics Olympiad
    of Armenia. Synopsys Armenia's investment in the community reaches
    well beyond IT. In 2010, Synopsys in Armenia was recognized as one
    of 12 finalists for the U.S. Secretary of State's annual Award
    for Corporate Excellence (ACE), citing the company's technology
    and financial leadership as well as its 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.

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