Product category: Design and Development Software
News Release from: Monterey Design Systems
Edited by the Electronicstalk Editorial Team on 14 May 2003
Monterey sets up R and D in Armenia
Monterey Design Systems has opened a research and development centre at Viasphere Technopark in Yerevan, Armenia under the name of Monterey Arset
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The centre employs more than 30 top scientists, many of whom have advanced degrees in electrical engineering and computer science. "We were very impressed with the quality of technical talent available in Armenia and decided to take advantage of that talent pool by opening this R and D centre", said Jacques Benkoski, President and CEO of Monterey Design.
"With the help of Viasphere, we were able to staff the centre very quickly with top-notch researchers, and we plan to aggressively expand our activities there in the future".
"We are very pleased to welcome Monterey to Viasphere Technopark, our advanced R and D facility", said Tony Moroyan, Chairman of Viasphere Group, which owns the Technopark.
"Having a world-class technology company such as Monterey demonstrates the desirability of our centre for high technology research and development.
Viasphere has been very active to incubate and make available the team to enable Monterey's operation in Armenia".
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