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Embassy News 2010

Ambassador Yovanovitch Presented a Special Award to Synopsys in Armenia

November 10, 2010
Ambassador Yovanovitch Presented a Special Award to Synopsys in Armenia (Photo: Synopsys)

Ambassador Yovanovitch Presented a Special Award to Synopsys in Armenia (Photo: Synopsys)

On November 10, Ambassador Marie L. Yovanovitch presented Synopsys in Armenia with an award from Department of State Under Secretary for Economic, Energy and Business Affairs Robert D. Hormats in recognition of their status as one of twelve finalists for the Secretary of State’s prestigious 2010 Award for Corporate Excellence (ACE).

Synopsys was recognized for the software and programming company’s promotion of U.S. and foreign investors by showcasing Armenia as a potential informational technology (IT) hub; its collaboration with universities on IT training programs; and its reduction of pollution levels in Armenia by planting hundreds of trees to counter recent deforestation.  Synopsys was 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 presentation will take place at Synopsis offices in Yerevan at 3:00pm.

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.

For more information, please visit: http://www.state.gov/r/pa/prs/ps/2010/09/146846.htm.