AspenTech Also Speaking on the Role of Technology Innovation During Energy Industry's Premier Gathering of Executives, Policy Makers and Suppliers
BURLINGTON, Mass.--(BUSINESS WIRE)--Feb. 9, 2009--
Aspen Technology, Inc. (OTC: AZPN.PK), a leading provider of software
and services to the process industries, today announced it will sponsor
and participate in CERAWeek 2009 – the premier global energy industry
conference – February 9-13 in Houston. Nearly 2,000 energy executives
and policymakers from over 55 countries will convene to discuss and
debate the central energy challenges and strategies for prospering in a
Cambridge Energy Research Associates®, Inc. (CERA®), an IHS
company, is a leading advisor to international energy companies,
governments, financial institutions, and technology providers.
AspenTech is one of an exclusive group sponsoring the CERAWeek
Executive Global Oil Summit along with IBM and PriceWaterhouseCoopers.
During the Executive Global Oil Summit, AspenTech’s executive vice
president Antonio Pietri, will participate in a roundtable forum
titled, “How can technological innovation maintain the economic
competitiveness and mitigate the environmental footprint of
The world’s top 30 petroleum industry companies use AspenTech’s
innovative software to address the most pressing challenges facing the
energy industry today.
Using aspenONE to adopt best practices for process optimization,
AspenTech customers are better equipped to meet their operational
excellence goals and navigate dramatic economic fluctuations.
Other industry leaders and dignitaries speaking at CERAWeek 2009 will
be U.S. House Rep. Edward Markey, Chairman, House Energy and Commerce
Subcommittee on Energy and the Environment; Nobuo Tanaka, Executive
Director, International Energy Agency; H.E. Gerhard Schröder, Former
Chancellor of the Federal Republic of Germany, and senior executives
from the world’s leading energy industry companies.
Mark Fusco, President & CEO, AspenTech
“The economy has weakened over the past year and we’ve seen volatility
and drops in the price of all commodities. Those companies that have
continued to optimize their business in both good and bad times will be
in the best position to succeed when the economy turns. AspenTech’s
customers have seen first hand that leveraging our solutions can help
them be better positioned with a lower cost base and improved operating
flexibility. We look forward to sharing insights about optimization
during CERAWeek 2009. As a sponsor, we are proud to support bringing
together the industry’s most influential minds in a forum that will be
sure to generate innovative thinking.”
Links to more information:
AspenTech is a leading supplier of software that optimizes process
manufacturing – including oil and gas, petroleum, chemicals,
pharmaceuticals and other industries that manufacture and produce
products from a chemical process. With integrated aspenONE solutions,
process manufacturers can implement best practices for optimizing their
engineering, manufacturing and supply chain operations. As a result,
AspenTech customers are better able to increase capacity, improve
margins, reduce costs and become more energy efficient. To see how the
world’s leading process manufacturers rely on AspenTech to achieve their
operational excellence goals, visit www.aspentech.com.
© 2009 Aspen Technology, Inc. AspenTech, aspenONE, and the Aspen leaf
logo are trademarks of Aspen Technology, Inc. All rights reserved. All
other trademarks are property of their respective owners.
Source: Aspen Technology, Inc.
Aspen Technology, Inc.
Erik Mason, +1
Lois Paul & Partners (for AspenTech)
Parker, +1 781-782-5714