News Release 

Armenia's Best IT Students Receive Annual Presidential Awards during Synopsys' Week
Synopsys, in Conjunction with Armenian Government, Honors Students Preparing for High-Tech Careers

YEREVAN, Armenia – September 25, 2007 - Synopsys, Inc., a world leader in semiconductor design software, today announced that 27 of Armenia’s brightest IT students were awarded Presidential Awards. Established in 2005, and with the approval of Armenia’s President Robert Kocharyan, Synopsys entered into an agreement with the Hayastan All-Armenian Fund to establish the Annual Educational Awards for the best IT students in Armenia. The president established a special committee to manage the program (see Appendix 1). The Annual Educational Awards are financed by Synopsys Armenia closed joint stock company (CJSC).

In 2007, the committee expanded the list of eligible educational institutions and selected 20 deserving students from the State Engineering University of Armenia (SEUA), Yerevan State University (YSU), the Engineering College of the American University of Armenia (AUA), and the Russian-Armenian Slavonic University (RAU) and 7 students from eligible high schools included the A.Shahinyan Physics-Math Special School, Quant College, Anania Shirakatsi College, Photon College from Gyumri, and Evrika College of Vanadzor (see Appendix 2). The Presidential IT Awards Committee screened 146 nominees: 85 students from four universities and 61 pupils from six schools.

Along with certificates and financial awards, the winners also received special Presidential Educational Trophies symbolizing the IT industry. The award design was selected through a contest among young Armenian designers and sponsored by the Awards Committee. Following the awards ceremony, the winners were received at the Presidential House for a special meeting with President Kocharyan.

The following award categories and financial awards were established for the university students:
  • Best Post grad Student (1000$ and 750$)
  • Best Student of Masters Program (750$ and 500$)
  • Best Student of BA Program (500$ and 400$)
  • Best female student (500$)
  • Best high school student (100$)

“These awards show that Armenia can produce world-class engineers through a variety of programs at colleges throughout the country,” said Rich Goldman, vice president for Strategic Market Development at Synopsys and chief operating officer of Synopsys Armenia CJSC. “We congratulate the winners and look forward to many such events in the future, as Armenia continues to develop its microelectronics industry.”

“These awards recognize the fruition of many years of hard work,” said Vahe Aghabekyants, executive director of the Hayastan All-Armenian Fund. “We’re proud of the students who applied themselves to a rigorous curriculum and wish them well as they advance in their careers.”

“Armenia has made a serious commitment to its future in microelectronics and the excellence of these graduates bodes well for that future,” said Lilit Gevorgyan, assistant to President Kocharyan and member of the Armenia Awarding Committee. “We join with other sponsors of this event to congratulate the winners on a job well done.”

“I’m honored to have been nominated and to now be one of the winners in this inspiring group,” said Balasanyan Nikolay, the winner amongst the “Best Master Student” nominees. “I look forward to a bright future in this industry and encourage all students to apply themselves to their studies and join in making Armenia a world center for the electronics industry.”

About the Hayastan All-Armenian Fund
The Hayastan All-Armenian Fund was founded by Decree of the President of RA in April 1992. Starting in 2000, the Fund was available for sustainable development projects covering nearly all Marzes (regions) of Armenia and regions of Artsakh (Karabagh). During the past years, the Fund implemented numerous projects aimed at improving the quality of life in Armenia and Artsakh (Karabagh). Currently the Fund is focused on the improvement of large-scale physical and social-development infrastructures of the Homeland.

About Synopsys Armenia CJSC
Synopsys established its presence in Armenia in 2004, shortly after Armenia's declaration of information technology (IT) as a priority business for the country. Since then, Synopsys Armenia closed joint stock company (CJSC), has become one of the largest Synopsys sites outside of the US, providing R&D and product support in EDA, design for manufacturing (DFM) and the development of semiconductor intellectual property (IP). Currently, the company employs several hundred qualified Armenian engineers, and is one of largest IT employers in Armenia. To support its growth, the company is investing in IT education, and is engaged in a number of pioneering and successful cooperation programs with major Armenian universities, such as State Engineering University of Armenia (SEUA), Yerevan State University (YSU), American University of Armenia (AUA), and the Moscow Institute of Electronic Technologies (MIET). To supplement these activities, the company consistently promotes public interest in the industry by sponsoring Presidential Awards for the best students in IT, contests among young specialists and students, and through media, charity work and volunteer activities. Synopsys Armenia CJSC is located in Yerevan.

About Synopsys
Synopsys, Inc. is a world leader in electronic design automation (EDA) software for semiconductor design. The company delivers technology-leading system and semiconductor design and verification platforms, IC manufacturing and yield optimization solutions, semiconductor intellectual property and design services to the global electronics market. These solutions enable the development and production of complex integrated circuits and electronic systems. Through its comprehensive solutions, Synopsys addresses the key challenges designers and manufacturers face today, including power management, accelerated time to yield and system-to-silicon verification. Synopsys is headquartered in Mountain View, California, and has more than 60 offices located throughout North America, Europe, Japan and Asia. Visit Synopsys online at

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.