Vol 03 • Issue 04
November 2001





In This Issue:
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AspenTech Opens Nasdaq to Mark 20 Years of Process Industry Leadership; PetroVantage Subsidiary Goes Live as AspenTech Prepares for Next 20 Years
AspenTech celebrated its 20th anniversary

on Friday, October 26 when founder and

CEO Larry Evans opened the Nasdaq

Stock Market. With the market opening,

AspenTech marked two decades of

providing a competitive advantage to the

$6 trillion process industries, including the

world's leading chemical, petroleum and

life sciences companies. At the same

time, Evans announced the signing of the

first commercial customers for subsidiary

PetroVantage, which provides a

collaborative software solution for the

$1.4 trillion global petroleum industry.
Aspen ProfitAdvantage for Production Optimization Aspen Engineering Suite™ 11.1 Released
AspenTech's Production Optimization team is gearing up for the release of Aspen Manufacturing Suite 4.1, currently scheduled for general distribution in January 2002. Release 4.1 will have new features enabling process manufacturers to comply with the regulations published by the US FDA in 21 CFR Part 11

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 AspenTech¬ is very pleased to announce the release of Aspen Engineering Suite™ (AES) version 11.1. We feel very proud about AES 11.1. It is the best release to-date of our engineering suite and sets new standards for Asset Optimization in the Process Industries. It includes innovative new products, new engineering capabilities, numerous enhancements, and further integration of the Asset Optimization value chain. With AES 11.1 we deliver many new technologies that our users have specifically requested such as the new Integrated Equation Oriented and Sequential Modular Simulation and Optimization Paradigm. Major new enhancements enable you to better support the front-end engineering design (FEED) business process, integrate engineering and economic evaluation and improve support of process knowledge and engineering data management. With AES 11.1 we have expanded our delivery of best in class engineering capabilities.

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AspenTech Web Seminars Can Introduce You to Products and Solutions
AspenTech's Web Seminar series introduces and demonstrates AspenTech software products. Each one-hour seminar consists of an online demonstration (using WebEx technology) performed by a product specialist. We will demonstrate the product features and benefits, conduct a demonstration, and close with a question and answer session. There is no registration fee and you are invited to attend as many seminars in the series as you wish, but you must register for each.

The list of scheduled WebSeminars is located at: http://www.aspentech.com/webseminars/webseminars.asp. Click on "Register" to sign-up. We look forward to meeting you online.

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Challenging the Boundaries of Drug Development, Manufacture and Supply AspenTech Customer Education - eLearning Latest!
On November 29, 2001, AspenTech will be hosting a conference designed specifically for senior management and manufacturing executives in the European pharmaceutical industry.

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 Aspen Tech Customer Education announces the release of a new Computer Based Training (CBT) course, Introduction to Aspen Calc This is the second in a series of interactive CBTs to follow the success of the Aspen Process Explorer CBT. The Aspen Calc CBT is 9 hours of instruction, and takes the learner through the main features and usage modes of the product

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New Column Targeting and Hydraulic Analysis Tool in Aspen Plus 11.1
Aspen Plus 11.1 features a new tool for thermal and hydraulic analysis of distillation columns. The tool is useful for design or retrofit analysis and can help achieve reduced utilities costs; improved energy efficiency; introduction of new process integration opportunities; trying new or improved tray/packing designs; reduced capital investment by improved driving forces; and facilitation of column debottlenecking.

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