Aspen Technology Names Mark Sullivan Chief Financial Officer

BURLINGTON, Mass.--(Business Wire)--
Aspen Technology, Inc. (OTC: AZPN.PK), a leading provider of software and
services to the process industries, today announced the appointment of Mark P.
Sullivan to the position of senior vice president and chief financial officer
(CFO), effective July 1, 2009. Sullivan brings over twenty years of financial
management and executive leadership to the company.

Sullivan spent fourteen years in financial executive leadership roles at
Fidelity Investments, a $12+ billion diversified financial services company. For
seven years, Sullivan served as Executive Vice President, Chief Financial
Officer, for Fidelity Employer Services Company, where he led a 200+ finance
team and multi-billion dollar business focused on providing employee benefits
and HR outsourcing services. While at Fidelity, Sullivan also served as
Executive Vice President for the Office of the CFO, in addition to other
financial leadership roles.

"We are excited to have an individual with Mark`s breadth and depth of
experience joining us to lead our finance organization. Mark is a proven
business leader with considerable experience managing large organizations,
implementing process improvements and driving growth and profitability. We
believe he is an excellent fit to lead AspenTech`s efforts to bring our
financials current and help us achieve our long-term business objectives," said
Mark Fusco, President and Chief Executive Officer of AspenTech.

Sullivan`s previous experience included serving as Chief Operating Officer,
Principal Finance and Accounting Officer for Westerbeke Corporation, a
manufacturer, global importer and distributor of engine and air conditioning
products for the recreational marine industry. Sullivan also served as
Consulting Manager in the Business Investigatory Services group of Coopers &
Lybrand, a public accounting and professional services firm, in addition to a
number of financial leadership roles with Analog Devices, an integrated circuit
manufacturer.

Mark Sullivan said, "AspenTech has industry leading technology, a blue chip
customer base and a strong financial position. I look forward to using my
financial and executive leadership experience to put in place the financial
infrastructure and processes necessary to effectively scale the company over the
long-term."

About AspenTech

AspenTech is a leading supplier of software that optimizes process manufacturing
- including oil and gas, petroleum, chemicals, pharmaceuticals and other
industries that manufacture and produce products from a chemical process. With
integrated aspenONE solutions, process manufacturers can implement best
practices for optimizing their engineering, manufacturing and supply chain
operations. As a result, AspenTech customers are better able to increase
capacity, improve margins, reduce costs and become more energy efficient. To see
how the world`s leading process manufacturers rely on AspenTech to achieve their
operational excellence goals, visit www.aspentech.com.

© 2009 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo and the 7
Best Practices of Engineering Excellence are trademarks of Aspen Technology,
Inc. All rights reserved. All other trademarks are property of their respective
owners.

Media Contact:
AspenTech
David Grip, +1-781-221-5273
david.grip@aspentech.com
or
Investor Contact:
ICR
Kori Doherty, +1-617-956-6730
kdoherty@icrinc.com

Copyright Business Wire 2009