Aspen Technology Announces Date and Time of its Second Quarter Earnings Release and Webcast; Earnings release to be issued on Thursday, January 22, 2004, after market close

January 7, 2004

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Jan. 7, 2004--Aspen Technology, Inc. (Nasdaq:AZPN) today announced the date and time of its fiscal 2004 second quarter earnings release and webcast for the period ending, December 31, 2003. The company's management team will hold a webcast to discuss its financial results, business outlook, and related corporate and financial matters, beginning at 5:00 p.m. (Eastern) on Thursday, January 22, 2004. The webcast will be open to interested parties by accessing the Investor Relations section of the company's website at http://www.aspentech.com and clicking on the webcast hyperlink.

What: Aspen Technology's Second Quarter Earnings Release & Webcast

When: Thursday, January 22, 2004, after market close

Where: http://www.aspentech.com

How: Live over the Internet - Access the call through the AspenTech homepage

Contact: Joshua Young, Director of Investor Relations, Aspen Technology, Inc.

If you are unable to listen to the live webcast, the call will be archived on the Investor Relations section of AspenTech's website at the conclusion of the call.

About AspenTech

Aspen Technology, Inc. provides industry-leading software and implementation services that enable process companies to increase efficiency and profitability. AspenTech's engineering product line is used to design and improve plants and processes, maximizing returns throughout an asset's operating life. Its manufacturing/supply chain product line allows companies to increase margins in their plants and supply chains, by managing customer demand, optimizing production, and streamlining the delivery of finished products. These two offerings are combined to create solutions for enterprise operations management (EOM), integrated enterprise-wide systems that provide process manufacturers with the capability to dramatically improve their operating performance. Over 1,500 leading companies already rely on AspenTech's software, including Aventis, Bayer, BASF, BP, ChevronTexaco, Dow Chemical, DuPont, ExxonMobil, Fluor, Foster Wheeler, GlaxoSmithKline, Shell, and Total. For more information, visit www.aspentech.com.

CONTACT: Aspen Technology, Inc.
Joshua Young, 617-949-1274
joshua.young@aspentech.com