armenpress11032016YEREVAN, MAY 11, ARMENPRESS. Representatives of IT sector of Armenia have proposed legislative initiatives granting privileges to IT companies in bordering communities aimed at fostering establishment of IT start-ups.  The draft that is still in the stage of discussions proposes amendments in two laws, “Armenpress” reports director of the Union of Information Technology Enterprises (UITE) Karen Vardanyan told the reporters.

armsiliconmay"Before 1990, Armenia designed and produced one-third of all the Soviet Union's military electronics, with something like 100,000 people working in this area," says Karen Vardanian, head of the Union of Information Technology Enterprises in Yerevan.

During the Soviet era, the now-defunct Yerevan Research Institute of Mathematical Machines alone had about 10,000 employees as late as in the 1980s. But the collapse of Armenia's economy that followed the breakup of Soviet Union in 1991 dealt a heavy blow to the country's high-tech sector as well as to funding for mathematics and science education in its universities.

itarmy2904Armenian IT companies are waiting for the country's leadership order to start development of state-of-the-art solutions for the defense and national security sectors, Karen Vardanyan, the director of the Union of Information Technology Enterprises (UITE), said to a news conference today.

brainlabslider16The first host of the evening was David Seda, the Marketing Vice President of American Calyx company. Calyx is a leading supplier of telecom infrastructure and software. Prior to this position, David Seda worked at Apple for 12 years as a Marketing Executive also served as a Director of Marketing and Sales for Cisco and Hewlett-Packard companies.


The team composed of Russian-Armenian (Slavonic) University and Fime Tech company today won the Minesweeper Robots contest, being awarded 600,000 AMD.

 “Five of us – mainly specialists in the area - worked on the robot. We gained 90 points during the contest: our robot didn’t explode on any mine,” member of the winning team, Harutyun Shmavonyan, told Armenian News –