Firm in Armenia is Finalist for State Dept. Excellence Award

Synopsys Armenia chosen by State Department

WASHINGTON—Synopsys in Armenia is one of 12 finalists selected for the Secretary of State’s prestigious 2010 Award for Corporate Excellence.

Synopsys was chosen for the software and programming company’s promotion of U.S. and foreign investors by showcasing Armenia as a potential informational technology hub; collaboration with universities on IT training programs; and reduction of pollution levels by planting hundreds of trees to counter recent deforestation

These U.S. companies 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. The Department of State is committed to working with business to further these best practices worldwide and to recognize efforts to improve lives at home and abroad. The 2010 ACE winners will be announced at the annual ceremony hosted by the Secretary of State later this fall.

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