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International Oil & Gas Company Petrofac Awards Multimillion Dollar Contract to AspenTech

November 10, 2010

Deployment of aspenONE Engineering Software Across Global Operations Will Shorten Development Time and Increase Engineering Efficiency

BURLINGTON, Mass. November 1, 2010 — Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, announced it has signed a multimillion dollar contract with international oil & gas facilities service provider Petrofac. The deal will result in aspenONE® Engineering being deployed across Petrofac’s global operations.

Supporting Quotes:

Mohan Narasimhan, Global Chief Information Officer, Petrofac“Expanding and standardizing on aspenONE Engineering solutions will allow us to enhance the efficiency of our engineering teams and integrate more closely with our customers. The flexibility of the licensing model also allows us to use the software in multiple parts of our organization as market requirements change. ”

Antonio Pietri, Senior Vice President, Field Operations
“As demand for energy in emerging markets continues to grow, leading engineering and construction companies such as Petrofac require tools that can help optimize the design and operations of facilities. By standardizing on aspenONE, Petrofac will be able to extend engineering best practices globally while delivering enhanced value to their end customers.”

Supporting Resources

Links to more information:

About AspenTech

AspenTech is a leading supplier of software that optimizes process manufacturing – for energy, chemicals, pharmaceuticals, engineering and construction, 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.

Contacts:

Aspen Technology, Inc.

David Grip

AspenTech

+1 781-221-5273

david.grip@aspentech.com

AspenTech Ltd.

Hayley Goff

Whiteoaks (for AspenTech)

+44 (0) 1252 727 313 ext 244

hayleyg@whiteoaks.co.uk

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© 2010 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo and the 7 Best Practices of Engineering Excellence are trademarks of Aspen Technology, Inc. All rights reserved. All other trademarks are property of their respective owners.

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