Aspen Technology names Alison Ross to board of directors.CAMBRIDGE, Mass.--(BUSINESS WIRE)--Feb. 26, 1996--Aspen Technology, 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), a leading supplier of software and services for the design and automation of plants in the process manufacturing The manufacturing industry that uses process control systems. See process control. industries, today announced the election to its Board of Directors of Alison Ross. Ms. Ross heads Smart Finance & Co., a San Francisco-based firm providing investment banking advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal for technology companies. Her election by the Board at a regularly scheduled meeting expands the number of AspenTech's Directors to seven. "We're very pleased that Alison has agreed to join AspenTech's Board," commented Larry Evans
Larry Melvyn Evans (born March 23, 1932) is an American chess grandmaster and journalist. He has won the U.S. Chess Championship four times. , AspenTech's Chairman and Chief Executive Officer. "Her knowledge of our business, coupled with her keen understanding of corporate finance issues, the software industry, and the investment community, will be valuable resources as we continue to grow." Prior to founding Smart Finance, Ms. Ross headed the software investment banking effort at Montgomery Securities, a San Francisco-based firm focused on the corporate finance objectives of growth companies. Before joining Montgomery, she spent one year as Special Assistant to the Secretary of the Cabinet as a White House Fellow, and the previous nine years concentrating on the strategic financing needs of technology clients at Goldman, Sachs & Co. While at Montgomery, she was the lead investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. for AspenTech's initial public offering in October 1994. "Financing strategy will continue to play a critical role in our expansion plans and we can benefit greatly from Alison's experience. We also are pleased to be adding another independent perspective to the Board as we are now in our second year of public ownership," added Evans. 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., is a leading supplier of software and services for the analysis, design and automation of process manufacturing plants in industries such as chemical, petroleum, pharmaceuticals, electric power, pulp and paper and metals. Process manufacturers use AspenTech's solutions to improve the way they design, operate and manage their plants. These solutions enable customers to reduce their raw material, energy and capital expenses, meet environmental and safety regulations, improve product quality and shorten (audio, compression) Shorten - A form of lossless audio compression. the time required to get new production processes on stream. AspenTech is headquartered in Cambridge, Massachusetts This article is about the city of Cambridge in Massachusetts. For the English university town, see Cambridge, England. For other places, see Cambridge (disambiguation). Cambridge, Massachusetts is a city in the Greater Boston area of Massachusetts, United States. , with offices in eight countries worldwide. CONTACT: Mary A. Palermo Senior Vice President Aspen Technology, Inc. Tel: (617) 577-0100 |
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