Aspen Technology Licenses Five Hundredth Copy of InfoPlus.21.CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sept. 2, 1998-- Orders for AspenTech's flagship plant information management and historian software exceed company's expectations Aspen Technology Aspen Technology (NASDAQ: AZPN) provides software and professional services to the manufacturing and process industries which allows companies to model, manage, and control their operations. AspenTech was founded in 1981 by MIT professor Dr. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AZPN), the leading provider of Smart Manufacturing and Supply Chain Management software and services for the process industries, today announced the sale of the five hundredth copy of InfoPlus.21(tm) since the software's introduction 18 months ago. A recent licensing agreement with SmithKline Beecham, one of the world's leading healthcare companies, pushed AspenTech to the 500 mark. Sales of the real-time plant information management system to customers across the chemical industries--including specialty and general chemicals, pharmaceuticals, refining, and pulp and paper--have exceeded AspenTech's expectations and propelled the company into a leading position in the plant information management market. InfoPlus.21 is a core component of AspenTech's Plantelligence(tm) suite of products and services, which automates the design, operation and management of process manufacturing The manufacturing industry that uses process control systems. See process control. plants. The Windows NT-based software integrates real-time operating data with historical information to present a unified view of plant operations. In addition, it provides the platform for implementing a variety of on-line process control and optimization applications, including AspenTech's DMCplus(tm), Batch.21(tm) and Aspen aspen, in botany aspen: see willow. Aspen, city, United States Aspen (ăs`pən), city (1990 pop. 5,049), alt. 7,850 ft (2,390 m), seat of Pitkin co., S central Colo. Multivariate The use of multiple variables in a forecasting model. (tm). InfoPlus.21 is the most advanced, yet easy-to-use and administer, Windows NT-based process information management solution available. In addition to SmithKline Beecham, Dow Chemical, ICI (language) ICI - An extensible, interpretated language by Tim Long with syntax similar to C. ICI adds high-level garbage-collected associative data structures, exception handling, sets, regular expressions, and dynamic arrays. Group, MacMillan Bloedel, Minneapolis Metro, Showa Shell, Valero Energy Corp. and Westlake Group have recently signed new licenses for InfoPlus.21 or expanded existing agreements with AspenTech. About AspenTech Aspen Technology, Inc. (www.aspentech.com) is a leading supplier of software and services for the design and automation of process manufacturing plants and the optimization of the supply chain in process industries including chemicals, petrochemicals, petroleum refining, pulp and paper, metals and minerals, electric power, pharmaceuticals, semiconductor, consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one , and food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. . Process manufacturers use AspenTech's solutions to improve the way they design, operate and manage their plants and global supply chain. These solutions enable manufacturers to reduce their raw material, energy and capital expenses; meet environmental and safety regulations; improve customer service levels; reduce inventory requirements; improve product quality; and shorten the time required to get new production processes on stream. AspenTech employs more than 1,500 and is headquartered in Cambridge, Mass., with offices in 22 countries worldwide. Plantelligence, AspenTech's suite of products and services, is the process manufacturing industry's only complete solution for optimizing manufacturing enterprises from supply chain to plant execution. Deep process knowledge, combined with world-leading optimization expertise and integration with enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) and open control systems, brings AspenTech manufacturing customers' businesses closer to their true potential. AspenTech, Plantelligence, DMCplus, Batch.21, Aspen Multivariate and the Aspen leaf logo are trademarks of Aspen Technology, Inc., Cambridge, Mass. All other marks are trademarks of their respective owners.
CONTACT: Aspen Technology, Inc.
Toni Lee Rudnicki, 617/949-1472
tonilee.rudnicki@aspentech.com
OR
Schwartz Communications, Inc.
Lynette Pitman or Laura Kempke, 781/684-0770
lynettep@schwartz-pr.com
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