CIMdata PLM Industry Summary Online Archive

6 October 2009

Company News

AspenTech Opens Middle East Office in Bahrain

Aspen Technology, Inc. announced it has opened a Middle East office in Bahrain. The Middle East is a key region in AspenTech’s growth strategy for expanding its leadership position in the process optimization market.

•  Many Middle East-based process manufacturers already use AspenTech solutions across the globe.

•  To lead AspenTech’s expanded efforts in the Middle East, the Company has hired Jay Manouchehri as General Manager, Middle East Operations. Manouchehri brings to AspenTech extensive Middle East market experience, having worked in managerial positions at Honeywell, ABB and most recently in a Bahrain-based process industry consulting company.

•  AspenTech also announced that effective today, AspenTech Middle East W.L.L. is no longer a reseller of AspenTech solutions. All Middle East sales, marketing and business development will be handled out of the Company’s new Bahrain office.

Supporting Quotes

Antonio Pietri, Executive Vice President of Field Operations, AspenTech

“Growing our strong base of operations in the Middle East is an important strategic initiative for AspenTech in FY10 and beyond. Hiring Jay Manouchehri and centralizing our operations in the new Bahrain office is a major step forward in executing AspenTech’s growth plan for this vital region.”

Bahrain Office Contact Information

AspenTech Ltd.

Bahrain Financial Harbour

West Tower, Building 1459

Road 4626, Block 346

Area 6, P.O. Box 20705

Bahrain, Manama

Phone: +973 17 50 3000

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