News Release 

Synopsys and Armenian State Youth Orchestra Sign Memorandum of Understanding

On June 1, Synopsys Armenia and Armenian State Youth Orchestra (chief conductor Sergey Smbatyan) signed a Memorandum of Understanding (MOU) in Synopsys Armenia's main lobby. By signing this MOU the parties agreed about joint fulfillment of events.

The document was signed by CEO of Synopsys Armenia, Rich Goldman and head of "Classical Music support" NGO-Anna Ter-Hovakimyan. "Engineering and music are related and they are both about harmony. At Synopsys we highly appreciate good music and even our CEO Aart de Geus is an accomplished blues guitarist. This collaboration is natural", said Rich Goldman. "This MOU signing is another demonstration of Synopsys Armenia fulfilling our corporate values as a good corporate citizen, and intends to widely disseminate cultural wealth in the community,"-said Executive Director of Synopsys Armenia, Hovik Musayelyan.

"This is a very important event, as it is the first cooperation between IT and classical music," noted Anna Ter-Hovakimyan. After the signing, the Armenian State Youth Orchestra gave a performance. The same day the Synopsys Armenia organized an exhibition and sale of artworks of the Kharberd specialized orphanage children's for the second time. First time the charitable exhibition-sale was organized last December, and during his visit to Synopsys Armenia RA Prime Minister Tigran Sargsyan got acquainted with it.

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 more than 60 offices located throughout North America, Europe, Japan, Asia and India. Visit Synopsys, Inc. and Synopsys Armenia online at and

Editorial Contacts
Gayane Markosyan
Synopsys Armenia CJSC
41 Arshakunyats Avenue
ViaSphere Technopark, Bldg. #1
Republic of Armenia, 0026 Yerevan
T: (37410) 49 2356
F: (37410) 49 2696

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.