AspenTech Continues aspenONE® V7 Rollout with Introduction of Manufacturing & Supply Chain Release

* Reuters is not responsible for the content in this press release.

Tue Jul 7, 2009 8:00am EDT

aspenONE V7 MSC Innovations Drive Profitability, Improve Agility, and Enable
Process Manufacturers to Do More With Less in an Uncertain Economy
BURLINGTON, Mass.--(Business Wire)--
Aspen Technology, Inc. (OTC: AZPN.PK), a leading provider of software and
services to the process industries, today introduced aspenONE V7 Manufacturing &
Supply Chain (MSC). Innovations in the latest software release enable process
industry companies to achieve higher profit margins by reducing operational
costs, improving agility, and doing more with less.

* Manufacturing innovations in aspenONE V7 MSC extend the operational benefits
of advanced process control and performance management to more processes in the
plant, and to more process industry markets -- which before now was cost
prohibitive. 
* Guided workflows enable engineers to build, test, and deploy multiple control
applications faster, accelerating operational stability and performance
benefits. 
* aspenONE V7 MSC extends AspenTech`s industry-leading, integrated refinery
planning and scheduling solution to the entire petroleum supply chain. This
allows integrated oil companies to optimize decisions and visualize their impact
across the petroleum supply chain. 
* Refinery planners and schedulers, distribution schedulers and traders can
collaborate more effectively and answer complex questions faster, to keep pace
of rapidly changing market conditions. With aspenONE V7 MSC, customers are
better able to increase margins while safely optimizing throughput and
maximizing customer service. 
* The MSC release also includes aspenONE V7`s IT innovations that make it easier
for customers to achieve value from their software investment. The release
includes a flexible token-based licensing model, allowing customers to use the
software they need when and where they need it; the Aspen Licensing Center,
making it easier to identify and replicate software usage best practices across
the global enterprise; and support for leading virtualization technologies from
Microsoft, VMware and Citrix, dramatically reducing software deployment time
from months to weeks.

aspenONE V7 Manufacturing & Supply Chain software is available immediately. For
more information on the entire aspenONE V7 product line, visit
www.aspentech.com/V7. 

Supporting Quotes

Mark Fusco, President & CEO, AspenTech

"To be profitable in today`s economy, companies need to make better decisions
faster in response to rapidly shifting market dynamics. At the same time, they
need to reduce costs while maximizing the efficiency of their overall
operations. AspenTech exists to solve these problems for process industry
companies. aspenONE V7 MSC makes it easier for our customers to navigate through
uncertain times while taking advantage of opportunities with more agile and
efficient operations." 

Phil Koenig, Manager of Engineering & Analytical Services, Marathon Oil Company

"One of the key challenges when integrating the supply chain is to ensure that
the individual organizations - for example Refining, Supply, or Marketing - feel
that the decisions being made accurately reflect the impacts or costs on their
organizations. Using aspenONE V7 we will be able to combine high-fidelity
organizational models, allowing us to accurately determine the incentives,
costs, and impacts of supply chain decisions, such as maximizing the value of
specific crudes by optimally distributing them across multiple refineries." 

R. Amari, Senior Vice President of Supply, ENI S.p.A.

"In today's highly volatile markets, we are deploying an integrated petroleum
supply chain solution. It provides real time visibility along with the solutions
necessary to react with increased speed, in an effort to drive down costs for
our company and our customers." 

Dr. Kai Dadhe, Evonik Degussa GmbH

"Previously, the performance and stability benefits we received from APC were
confined to only certain processes. The new aspenONE V7 Advanced Process Control
platform provides a cost-effective way to implement process control on smaller
units and extend those operational benefits throughout our organization." 

Dr. Wilfried Kossmann, Bayern Oil (a joint venture including BP)

"aspenONE V7 is making it easier to keep controllers online and maintain the
benefits of advanced process control over time. The new KPI reporting capability
with diagnostics provides a key insight into how controllers are behaving and
whether or not any remediation may be required. Bayern Oil is also very excited
about AspenTech`s Adaptive Modeling capability. Being able to identify model
deterioration, diagnose what the problem is and then re-model the process all
within an online framework is a major step forward in performance capability." 

Francois Toutain, Arkema

"To be able to do either a DMCplus, an Apollo or a State Space controller in the
same software platform is quite amazing. Compared with the previous generation
of advanced process control, V7 MSC is friendly, easier, and more efficient to
use." 

Supporting Resources

* Link to more information about aspenONE V7 MSC
* Link to aspenONE V7 MSC overview Brainshark
* Link to aspenONE V7 industry testimonials
* Link to aspenONE V7 MSC images

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. 





Aspen Technology, Inc.
AspenTech
Erik Mason, +1 781-221-8386
erik.mason@aspentech.com
or
North America
Lois Paul & Partners (for AspenTech)
Michael Parker, +1 781-782-5714
aspentech@lpp.com



Copyright Business Wire 2009

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