YEREVAN, Armenia – October 28, 2010 - Synopsys, Inc. (Nasdaq: SNPS), a world leader in software and IP for semiconductor design, verification and manufacturing, today announced another successful launch of Synopsys Week in Armenia, which is taking place this year in Yerevan on October 26 through October 30. The agenda for Synopsys Week includes a number of important events: the 2010 Commencement Ceremony; the Fifth Annual International Microelectronics Olympiad of Armenia; the ceremony to bestow the Annual Educational Awards of RA President to the best IT students by RA President Serzh Sargyan; a meeting between President Sargyan and Synopsys President and Chief Operating Officer Chi-Foon Chan following the educational awards; a reception for the winners of the Presidential IT Awards and the Microelectronics Olympiad at the Yerevan Chamber Music Hall; a community volunteer event; guest lectures for the students and professors of the State Engineering University of Armenia (SEUA), Yerevan State University (YSU), Russian-Armenian Slavonic (State) University (RAU), and European Regional Educational Academy (ERIICTA); and participation at the International Exhibition Digitec ‘10 and ArmTech ‘10 (agenda details provided below).

Among its accomplishments, Synopsys will celebrate the recent acquisition of Virage Logic as this marked an important milestone for Synopsys Armenia. “The Virage Logic acquisition has positioned Synopsys Armenia as the biggest Synopsys R&D site outside of the U.S.,” said Chi-Foon Chan. “With over 520 employees, the Synopsys Armenia team can now accomplish more significant projects and have more impact on making Armenia an important regional center of microelectronics.”

“We are proud to call Armenia one of our key home bases,” said Rich Goldman, vice president of Corporate Marketing and Strategic Alliances at Synopsys, and chief executive officer of Synopsys Armenia CJSC. “The growth and success of our Armenia R&D site is a testament to the dedication of our employees and the cooperation of the Armenian industry, government and academia. The achievements that this cooperation enables are making a positive impact on the economic development in Armenia, and have even been recognized by the U.S. Department of State in selecting Synopsys Armenia as a finalist in their ACE Awards. In the past year, we have noticed a significant trend in which other countries in the region are striving to emulate our cooperative activities in Armenia. During Synopsys Week in Armenia, we celebrate these achievements and invite all other domestic and international companies to join in the development of Armenia’s economy.”

“Synopsys Week has become an annual, traditional event in Armenia and this year marks its fourth anniversary,” said Hovik Musayelyan, executive director of Synopsys Armenia. “During this week, we report all of Synopsys Armenia’s activities and accomplishments from the previous year to the community, and present our plans for how we intend to continue to play a significant role in the community’s development the following year.”  

Synopsys Week in Armenia – 2010 Event Schedule

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 approximately 70 offices located throughout North America, Europe, Japan, Asia and India. Visit Synopsys, Inc. and Synopsys Armenia online at http://www.synopsys.com and http://www.synopsys.am.

About the Synopsys for Armenia Charitable Foundation

The Synopsys for Armenia Charitable Foundation was established in July of 2005. It supports Synopsys’ R&D operations in Armenia through a number of educational and social initiatives. Its activities are divided into two sections: educational and social. The Foundation’s educational programs include support to all Synopsys educational programs for ongoing professional engineering education, conducted in cooperation with major Armenia 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 the local communities.

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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.

Editorial Contact:

Gayane Markosyan

Synopsys Armenia CJSC

(374 10) 492-356

(374 91) 292-302

gayanem@synopsys.com