YEREVAN, MAY 2, NOYAN TAPAN. The first Armenian high-tech congress "Armtech 2007" to be held in San Francisco on July 4-7 provides an exceptional chance to present Armenia's IT opportunities in the famous Silicon Valley, as well as to promote investments and exports of IT production and services. Director of the Armenian Development Agency (ADA) Vahagn Movsisian stated this at the May 2 meeting. According to him, in addition to the major speeches and business meetings, an exhibition with the participation of about 50 Armenian companies will be organized during the congress. V. Movsisian expressed confidence that organization of such congresses will have a continuous character. Speaking about the current problems in Armenia's high-tech sector, Tony Moroyan - Chairman of Viasphere International company, the main US initiator-organizer of Armtech 2007, noted that the lack of private investments in this sector is mainly conditioned by high reskiness of Armenia. "Achievements in the IT sector would be more tangible in case of solving the problem of training qualified IT experts in line with market requirements," he said.

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