<html xmlns="http://www.w3.org/1999/xhtml" xmlns="http://www.w3.org/1999/xhtml">
 <head xmlns="http://www.w3.org/1999/xhtml">
 <title xmlns="http://www.w3.org/1999/xhtml"></title>
 </head>
 <body xmlns="http://www.w3.org/1999/xhtml">
 
 <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aspentech.com%2F&amp;esheet=51569541&amp;newsitemid=20170605005650&amp;lan=en-US&amp;anchor=Aspen+Technology%2C+Inc.&amp;index=1&amp;md5=5cc5e4ee057cbc31d46da2b503da5783" rel="nofollow" rel="nofollow">Aspen 
 Technology, Inc.</a> AZPN, the asset optimization software 
 company, today announced the general availability of aspenONE® 
 Version 10 software. The latest Asset Performance Management, 
 Engineering and Manufacturing &amp; Supply Chain software release supports 
 the company's evolution from process optimization to asset optimization, 
 the next frontier of optimization that makes the best companies even 
 better by driving increased financial return over the entire asset 
 lifecycle.
 
 
 Introducing the aspenONE Asset Performance Management Suite The 
 aspenONE Version 10 software release includes aspenONE® Asset 
 Performance Management (APM), an industry-first complete suite for site, 
 process and equipment performance management. Combining over 30 years of 
 deep process modeling expertise with real time big data and 
 machine-learning solutions, AspenTech's new APM suite is designed to 
 increase asset uptime, improve reliability, extend the life of 
 equipment, and achieve optimal process performance system-wide to drive 
 increased profitability. The integrated suite of APM analytics provides 
 prescriptive guidance to address multiple levels of asset performance:
 
 <ul xmlns="http://www.w3.org/1999/xhtml">
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 Site-Wide Risk Analysis with Aspen Fidelis Reliability software 
 helps identify asset availability and utilization risks through 
 reliability modeling and simulation.
 </li>
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 Process Analytics include Aspen Asset Analytics software 
 to assess the root causes of process disruptions, predict 
 future occurrences and prescribe actions to avoid them. Rapidly 
 configured and deployed, prepackaged analytics for column 
 troubleshooting use ensemble modeling to provide operational guidance. 
 Included as well, Aspen ProMV® software improves process 
 reliability and asset uptime using advanced multivariate process 
 analytics for continuous and batch monitoring.
 </li>
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 Equipment Performance Analytics with Aspen Mtell® software 
 provides machine-learning analytics that predict when failures 
 will occur, understand why they will occur and prescribe what to do to 
 avoid the failure.
 </li>
 </ul>
 
 aspenONE Engineering Suite Highlights The latest version of 
 aspenONE Engineering software enables asset design optimization across 
 capital, energy, controllability, environmental impact, safety and 
 yield, empowering collaborative workflows that drive sustained 
 profitability.
 
 <ul xmlns="http://www.w3.org/1999/xhtml">
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 Specialty chemicals and pharmaceuticals companies are making 
 significant investments to rapidly develop and deliver new products to 
 market. Aspen Plus® software in aspenONE Version 10 extends 
 modeling from continuous to batch and semi-batch processes to help 
 companies accelerate new product development and optimize production 
 to compete more effectively.
 </li>
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 Engineering, Procurement &amp; Construction (EPC) companies need to 
 accelerate projects and reduce risk to compete effectively. The new 
 web-based Aspen Basic Engineering streamlines data integration in FEED 
 preparation and improves collaboration across globally distributed 
 teams.
 </li>
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 Process plants are faced with frequent operational changes and risks 
 to asset utilization. Faster calibration of model to plant data in 
 Aspen Plus and Aspen HYSYS® software for operations support 
 reduces operating costs and increase yields.
 </li>
 </ul>
 
 aspenONE Manufacturing &amp; Supply Chain Suite Highlights Building 
 on the trusted PIMS-AO engine, the new Aspen Unified PIMS features a 
 modern web-based architecture with scalable high performance computing 
 that enables better collaboration and improved insights into model 
 performance. The first of a family of Unified products envisioned to 
 unify the production workflow from planning to scheduling and 
 performance monitoring, Aspen Unified PIMS will initially be targeted at 
 a specific set of customers identified by the company for the aspenONE 
 Version 10 software release.
 
 
 Version 10 software is <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aspentech.com%2Fproducts%2Forder-now%2F&amp;esheet=51569541&amp;newsitemid=20170605005650&amp;lan=en-US&amp;anchor=available&amp;index=2&amp;md5=210d14e33b96f05fdc9b17f642731574" rel="nofollow" rel="nofollow">available</a> immediately. 
 Customers on the aspenONE Licensing Model can upgrade to the new version 
 for no additional cost. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fhome.aspentech.com%2Fv10&amp;esheet=51569541&amp;newsitemid=20170605005650&amp;lan=en-US&amp;anchor=http%3A%2F%2Fhome.aspentech.com%2Fv10&amp;index=3&amp;md5=36233ec57290e3b2c8ea8f1ba5124fa9" rel="nofollow" rel="nofollow">http://home.aspentech.com/v10</a>.
 
 
 Supporting Quotes Muhammad Adnan, Planning Engineer, 
 Yanbu Aramco Sinopec Refining (YASREF) "Aspen Unified PIMS will 
 create tremendous value for YASREF by making it faster to train new 
 planners. There are many features that make it easier for new users to 
 understand the model. The flowsheet is very visual; it highlights 
 streams so we can trace materials."
 
 
 Antonio Pietri, Chief Executive Officer &amp; President, AspenTech "AspenTech 
 is committed to pushing the boundaries of what's possible. The latest 
 release of aspenONE software demonstrates that the biggest 
 transformation in productivity growth is ahead of us. Building on the 
 company's engineering and manufacturing &amp; supply chain suites as the 
 foundation laid down over three decades, AspenTech is focusing on 
 efficiency, optimization and running assets more reliably than ever by 
 leveraging automation technologies, analytics, machine learning, IIoT, 
 and the automation of knowledge work as part of our new Asset 
 Performance Management Suite."
 
 
 Supporting Resources
 
 <ul xmlns="http://www.w3.org/1999/xhtml">
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fhome.aspentech.com%2Fv10&amp;esheet=51569541&amp;newsitemid=20170605005650&amp;lan=en-US&amp;anchor=aspenONE+V10+Software&amp;index=4&amp;md5=1b8c71f509f55ef9bec1f47d79a6f14b" rel="nofollow" rel="nofollow">aspenONE 
 V10 Software</a>
 </li>
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aspentech.com%2Fproducts%2FAspen-Asset-Performance-Management%2F&amp;esheet=51569541&amp;newsitemid=20170605005650&amp;lan=en-US&amp;anchor=aspenONE+Asset+Performance+Management&amp;index=5&amp;md5=36f1d509bbfdab93f25b9134a4f1da90" rel="nofollow" rel="nofollow">aspenONE 
 Asset Performance Management</a>
 </li>
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aspentech.com%2Fproducts%2Faspenone-engineering%2F&amp;esheet=51569541&amp;newsitemid=20170605005650&amp;lan=en-US&amp;anchor=aspenONE+Engineering&amp;index=6&amp;md5=33f1aecf29c95f08592b4e6cde144eba" rel="nofollow" rel="nofollow">aspenONE 
 Engineering</a>
 </li>
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aspentech.com%2Fproducts%2FaspenONE-Petroleum-Supply-Chain%2F&amp;esheet=51569541&amp;newsitemid=20170605005650&amp;lan=en-US&amp;anchor=aspenONE+Petroleum+Supply+Chain&amp;index=7&amp;md5=5b2cc69c56396c98a7b00a5534beaef4" rel="nofollow" rel="nofollow">aspenONE 
 Petroleum Supply Chain</a>
 </li>
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aspentech.com%2Fproducts%2FaspenONE-MES%2F&amp;esheet=51569541&amp;newsitemid=20170605005650&amp;lan=en-US&amp;anchor=aspenONE+Manufacturing+Execution+Systems&amp;index=8&amp;md5=045527a05858653878091ff372657b6b" rel="nofollow" rel="nofollow">aspenONE 
 Manufacturing Execution Systems</a>
 </li>
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aspentech.com%2Fproducts%2FaspenONE-Supply-Chain-Management%2F&amp;esheet=51569541&amp;newsitemid=20170605005650&amp;lan=en-US&amp;anchor=aspenONE+Supply+Chain+Management&amp;index=9&amp;md5=4cf0a50a70ebd6ec1d61d2f0f518454c" rel="nofollow" rel="nofollow">aspenONE 
 Supply Chain Management</a>
 </li>
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aspentech.com%2Fproducts%2FaspenONE-APC-Family%2F&amp;esheet=51569541&amp;newsitemid=20170605005650&amp;lan=en-US&amp;anchor=aspenONE+Advanced+Process+Control&amp;index=10&amp;md5=06c3246798aa2ba8ae460caa63192882" rel="nofollow" rel="nofollow">aspenONE 
 Advanced Process Control</a>
 </li>
 </ul>
 
 About AspenTech AspenTech is a leading software supplier for 
 optimizing asset performance. Our products thrive in complex, industrial 
 environments where it is critical to optimize the asset design, 
 operation and maintenance lifecycle. AspenTech uniquely combines decades 
 of process modeling expertise with big data machine-learning. Our 
 purpose-built software platform automates knowledge work and builds 
 sustainable competitive advantage by delivering high returns over the 
 entire asset lifecycle. As a result, companies in capital-intensive 
 industries can maximize uptime and push the limits of performance, 
 running their assets faster, safer, longer and greener. Visit <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aspentech.com%2Femail%2Fbcvp.html&amp;esheet=51569541&amp;newsitemid=20170605005650&amp;lan=en-US&amp;anchor=AspenTech.com&amp;index=11&amp;md5=98aea35259ceff9e16ef717a63f70a5b" rel="nofollow" rel="nofollow">AspenTech.com</a> 
 to find out more.
 
 
 © 2017 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo, 
 Aspen Basic Engineering, Aspen Fidelis Reliability, Aspen Mtell, Aspen 
 Unified PIMS and OPTIMIZE are trademarks of Aspen Technology, Inc. All 
 rights reserved. All other trademarks are property of their respective 
 owners.
 
 
 
 <img xmlns="http://www.w3.org/1999/xhtml" alt="" src="http://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20170605005650r1&amp;sid=benz2&amp;distro=nx&amp;lang=en"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.businesswire.com/news/home/20170605005650/en/" rel="nofollow" rel="nofollow">http://www.businesswire.com/news/home/20170605005650/en/</a></body></html>

Press Releases

AspenTech Extends Optimization's Reach Across Design, Operations and Maintenance with aspenONE® Version 10 Software - Aspen Technology (NASDAQ:AZPN)

Aspen Technology

AZPN

AspenTech Extends Optimization's Reach Across Design, Operations and Maintenance with aspenONE® Version 10 Software


Chevron Corporation (NYSE:CVX) announced today that its 50 percent owned affiliate Tengizchevroil LLP (TCO) has safely commenced operations at its Wellhead Pressure Management Project (WPMP) at the Tengiz oil field in

Tengizchevroil starts WPMP operations at Tengiz oil field in Kazakhstan

ALLE


First quarter marked by strong execution; Company affirms full-year outlook  


Quarterly Financial Highlights


(All comparisons against the first quarter of 2023, unless otherwise noted)



Net earnings per share

Allegion (NYSE: ALLE) Reports Q1-2024 Financial Results

AKLI

KRTX

PRTC


Significant operational and clinical progress in 2023 and early 2024 with maturation of Internal Programs,1 launch of two new Founded Entities,2 including a $100 million Series A financing for Seaport, and the $14

PureTech Announces Annual Results for Year Ended December 31, 2023


Q1 2024 Key figures1


› Revenue of EUR 1,439.5 million in the first quarter of 2024, up 2.5% year-on-year and up 8.0% organically
› Strong organic growth from Industry +16.3%, Certification +13.7%, Marine &amp;

Bureau Veritas: Strong Start to the Year; 2024 Outlook Confirmed


The Zero Copy Partner Network features initial partners Amazon Web Services (AWS), Databricks, Google Cloud, and Snowflake, and adds Microsoft, all committed to zero copy integrations with Salesforce that give customers

Salesforce Unveils Zero Copy Partner Network, an Ecosystem Committed to Secure, Bidirectional Zero Copy Integration with Salesforce Data Cloud


Arbolus, an expert network platform, announces the appointment of Steve Martin, former EY Managing Partner, as Chair of the board, signaling a pivotal moment for the company as it embarks on an ambitious growth