Aspenone V9 was released, May 25, 2016

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AspenONE Version 9 Software Delivers Innovation for Intelligent Insights; Latest Release Enhances Asset Performance
BEDFORD, Mass. — May 25, 2016 — Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, today announced the general availability of aspenONE Engineering and aspenONE Manufacturing and Supply Chain Version 9 software. This latest release offers companies in the oil, gas, refining, chemicals, engineering & construction, and other process industries integrated, streamlined workflows that help them save millions of dollars. The innovations included in aspenONE V9 help push the boundaries of asset performance, enabling users to design and troubleshoot with confidence, improving reliability through greater insights into process constraints, onboarding new users more quickly, and ensuring process safety throughout the entire asset lifecycle. AspenTech’s newest software continues to provide a comprehensive foundation for operational excellence by offering manufacturers:

Improved analysis capabilities. Insights into key processes enable better, faster, and more profitable problem-solving. Distillation columns are particularly difficult to operate optimally, resulting in losses in product quality and increased operational costs. With the new Column Analysis technology in Aspen HYSYS and Aspen Plus, engineers can easily analyze hydraulic performance and test operating parameters, leading to up to 20% improvements in energy savings, as well as millions of dollars in gains in product quality and throughput.

In emergencies, lives and assets worth billions of dollars are at risk. Over 400 projects have utilized the industry-leading BLOWDOWN Technology, now part of Aspen HYSYS, to reduce capital expenditures in oil, gas, and LNG projects.

Better model-based decision support. Consistent, rigorous models facilitate process improvements that enhance margins and reduce capital and operational costs. The improved integration and workflow in the new aspenONE refinery planning model update allow process engineers to update planning models more easily, enabling planners to achieve higher profits through accurate refinery-wide margin analysis – by up to 10%, or $20 million per refinery per year. Sulsim Sulfur Recovery in Aspen HYSYS ensures compliance with environmental regulations, reduces costs, and meets product specifications under varying feed and operating conditions, while also eliminating bottlenecks in gas processing plants. The latest Custom Modeling innovations enable process engineers to simplify the integration of custom models into Aspen Plus, thereby accelerating the development of models for specialty chemicals producers. Schlumberger and AspenTech have collaborated to create a connection between OLGA software and Aspen HYSYS, allowing for asset-wide modeling that maximizes production without compromising safety in upstream operations. Additionally, the new mercury partitioning capabilities in Aspen HYSYS help track and reduce hazardous contaminants, enhancing equipment reliability and reducing maintenance costs.

Streamlined APC application workflows thanks to an intuitive, ribbon-based user interface. The aspenONE Manufacturing and Supply Chain V9 updates include the new Aspen DMC3 Builder, which can increase efficiency by up to 30% by enabling the creation and deployment of all AspenTech APC controllers using a single intuitive tool. This workflow-oriented design speeds up controller development and allows more engineers to work on projects, thereby preserving process knowledge and improving project efficiency.

Extension of scheduling beyond the refinery boundary. Evaluating and optimizing supply chain trade-offs makes it possible to meet fuel demands while minimizing costs and maximizing margins. The new Map Monitor in Aspen Fleet Optimizer (AFO) improves scheduler visualization through an interactive web-based mapping application, providing real-time, accurate information that streamlines fuel distribution.

The V9 version of aspenONE Engineering and Manufacturing & Supply Chain software is available immediately. Customers on the aspenONE Licensing Model can upgrade to this new version at no additional cost. For more information, visit http://www.aspentech.com/products/v9-release/.

**Supporting Quotes:**
Josh Fredberg, Senior Vice President, Products & Marketing, AspenTech: “The aspenONE V9 software release is another example of AspenTech’s commitment to transforming process manufacturing through innovative technology that delivers the highest possible returns throughout the entire asset lifecycle. We’re pleased to offer this latest version of the integrated aspenONE software system, which enables sustainable operational excellence and drives profitable results.”

Benito Caamaño Nieves, Technologist, Repsol Technology Center: “We’ve used the Acid Gas Cleaning and Column Analysis technologies in Aspen HYSYS V9 to optimize acid gas treatment processes and related costs in our facilities. We’ve also evaluated the impact of process changes on column hydraulic performance. Repsol plans to incorporate the hydraulic analysis tools available in the latest version of aspenONE Engineering into our standard amine reports as a best practice for monitoring and improving column performance.”

Harendra Singh, Engineering Manager, NPCC: “The new BLOWDOWN functionality in Aspen HYSYS provides a one-stop solution for facilities carrying out blowdown and minimum temperature studies. It represents a step forward compared to conventional depressuring methods, as it uses industry-standard Imperial College correlations for estimating minimum metal temperatures. Numerous new features, including the ability to model detailed system geometry, are available, and the user interface is very intuitive. Overall, it should enhance the efficiency of our process engineers.”

**Supporting Resources:**
aspenONE V9 Software, aspenONE Engineering, Aspen Plus, Aspen HYSYS, aspenONE Petroleum Supply Chain, Aspen Fleet Optimizer, Aspen DMC3, Aspen DMC3 Builder