Aspen Technology Announces Webcast With Management Team; Webcast Will Occur Today, Thursday, March 14, 2002 At 5:00 p.m. EDT

March 14, 2002
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CAMBRIDGE, Mass., Mar 14, 2002 (BUSINESS WIRE) -- Aspen Technology, Inc. (Nasdaq: AZPN) today announced it will hold a webcast this evening to discuss its announcement of David McQuillin as its new CEO. The webcast will be open to interested parties by accessing the Investor Relations section of the company's website at http://www.aspentech.com. 

    What: Aspen Technology Management Webcast
    When: Thursday, March 14, 2002, 5:00 p.m. EDT
    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 participate during the live Webcast, the call will be archived on http://www.aspentech.com for ten days. To access the replay, click on Investor Relations and then access the conference call link. 

    About AspenTech
Aspen Technology, Inc. is a leading supplier of integrated software and solutions to the process industries. The company's Aspen ProfitAdvantage(TM) solution enables process manufacturers to identify and maximize profit opportunities throughout their entire value chain -- from the supply of raw materials, through the production of goods, to the delivery of final products to customers. The Aspen ProfitAdvantage solution encompasses engineering, manufacturing, supply chain and e-business collaboration technologies, providing the tools that enable manufacturers to design, optimize and execute business processes in real time. Over 1,200 leading process companies already rely on AspenTech's 21 years of process industry experience to increase revenues, reduce costs and improve capital efficiency. AspenTech's customers include: Air Liquide, AstraZeneca, Bayer, BASF, BP, Chevron, Dow Chemical, DuPont, ExxonMobil, GlaxoSmithKline, Lyondell Equistar, Merck, Mitsubishi Chemical, and Unilever. For more information, visit http://www.aspentech.com. 

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

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