YEREVAN, Armenia, Oct. 6, 2012 – Synopsys, Inc. (Nasdaq:SNPS), a global leader providing software, IP and services used to accelerate innovation in chips and electronic systems, today announced that, as part of its eighth annual Synopsys Armenia tree planting community event, about 600 employees of Synopsys Armenia CJSC, members of their families and students of the Synopsys Armenia Education Department (SAED) planted 1,000 thuya evergreen trees in the area surrounding the State Engineering University of Armenia (SEUA) and the Synopsys Armenia Education Department (SAED) grounds in Yerevan. Driven by the motto “One tree for each employee,” Synopsys Armenia has planted more than 4,000 trees in eight 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, president and co-CEO of Synopsys; Rich Goldman, Synopsys Armenia CEO and Synopsys vice president of Corporate Marketing and Strategic Alliances; Hovik Musayelyan, Synopsys Armenia director; Tom Garabedian, ATP managing director; Arthur Harutyunyan, Community Tree planting manager; and other Synopsys Armenia and ATP staff and executives.
“This year’s event had special meaning as employee and student volunteers came together to plant trees to commemorate Synopsys’ 25th anniversary as a business and SEUA’s 80th anniversary as a university,” said Dr. Chi-Foon Chan, president and co-CEO at Synopsys. “Why are we doing this? Because it's the right thing and it's the smart thing. Synopsys values community contribution and this is one way we can thank the community in which our employees live and work.”
“Since Synopsys first established a presence in Armenia in November 2004, it has strived to be a good corporate citizen here. We have contributed to the progress of Armenian society by helping to improve the country’s educational system and by implementing other assistance programs. The planting of these trees is particularly significant, because their growth symbolizes our sustained investment in Armenia,” said Mr. Goldman.
“We are thrilled once again to be partnering with Synopsys and its employees in planting trees that will beautify Armenia’s landscape,” said Tom Garabedian, ATP managing director. “This year’s commitment was focused in two territories: the SAED and SEUA. The planting at SEUA was particularly meaningful since the university will soon be celebrating its 80th anniversary. We appreciate Synopsys’ longstanding dedication to Armenia’s environment.”
“It is very symbolic that the tree planting is taking place in the area of SEUA, where [for nearly a decade Synopsys Armenia has been ‘planting talent’ aimed at supporting the economic development of our country,” said Ara Avetisyan, rector of SEUA. “I hope other businessmen will follow this example and that it becomes a tradition for Polytechnic students.”
“Synopsys Armenia is committed to high standards of ethical behavior and corporate citizenship that promote environmental sustainability,” said Mr. Musayelyan. “Our employees have been actively engaged in tree planting for the past eight years, helping reduce air pollution and supporting a healthy environment in Yerevan.”
“Efforts such as Synopsys’ annual tree planting are quite important for our deforested country,” said Tigran Khachatryan, Synopsys Armenia R&D Manager. “As a participant, I appreciate the cultural value of this tradition and hope that it helps bring to Armenia the sense of responsibility toward our country and environment.”
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 4,000,000 trees at over 900 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.
Synopsys for Armenia Charitable Foundation
The Synopsys for Armenia Charitable Foundation was established in July of 2005 to provide support to the community through educational and social initiatives. Its activities are divided into two areas: educational and social. The Foundation supports all Synopsys educational programs that provide for ongoing professional engineering education in cooperation with major Armenian 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 local communities.
About Synopsys, Inc. and Synopsys Armenia CJSC
Synopsys, Inc. accelerates innovation in the global electronics market. As a leader in electronic design automation (EDA) and semiconductor IC, its software, IP and services help engineers address their design, verification, system and manufacturing challenges. Since 1986, engineers around the world have been using Synopsys technology to design and create billions of chips and systems. 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 is also the initiator of the Global IT Award of the RA President, as well as “Best IT Managers” Award. 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 www.synopsys.com and www.synopsys.am.
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