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SABIT Participant Promotes U.S. IT Equipment in Azerbaijan

An alumna from the SABIT Technology Commercialization: IT program in 2002 reports that partnerships with a number of leading U.S. information technology providers has resulted in over $7 million in combined sales for 2003, and the first four months of 2004 calendar year. The participant, Yuriy Fominov, works for the R.I.S.K. Company in Baku that has established relationships with companies such as IBM, Cisco Systems, and Dell. They are also a Microsoft Gold Certified Partner.

Azeri Oil Company Adopts International Standards as a Result of SABIT Training

Ilgar Taghiev, chief accountant of the State Oil Company of Azerbaijan Republic (SOCAR), used knowledge gained from his SABIT training on the Oil & Gas Executive Management program to help complete the implementation of GAAP standards in his company. Taghiev completed the implementation in conjunction with his colleague, Rafiq Aliyev, who also participated in the same SABIT training session earlier this year.

Armenian Association for Businesswomen Started by SABIT Alumna

In May 2002, Ms. Lilit Avetisyan founded the organization "Women's Forum" in Yerevan.
This association promotes the creation of associations for businesswomen and lobbying for the interests of these same businesswomen. Women's Forum has 35 members in Yerevan, and provides training and seminars on topics like business ethics, marketing, and management skills. The forum is also a member of the anti-corruption coalition of Armenia. Ms. Avetisyan participated in SABIT’s Association Development program in 2001.