TSD and Armenia renewable resources and energy efficiency fund sign cooperation memorandum

YEREVAN, June 23. /ARKA/. The Technology and Science Dynamics (TSD) and the Armenia Renewable Resources and Energy Efficiency Fund signed a memorandum of understanding on Friday.
The document envisages development of IT technologies and innovative programs applicable in the energy and energy saving sectors.

Founder and CEO of TSD Vahan Shakaryan and the Armenia Renewable Resources and Energy Efficiency Fund director Armen Melkikyan noted that their cooperation can result in interesting results.
During the meeting, the sides expressed their readiness to invest, as mach as possible, in technical and laboratory bases, software, human resources, professional knowledge and skills.

The Technology and Science Dynamics entered the Armenian market in 2013 by introducing the first Armenian tablet ArmTab and the first Armenian smartphone ArmPhone to local consumers. Later the company registered with he Free Economic Zone and started  production not only for local, but also foreign markets. According to preliminary data, investments in the production of Armenian tablets amounted to more than $ 3 million. -0- 

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20:14 06/23/2017