AspenTech Opens New R&D Facility in Nashua, NH

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AspenTech Opens New R&D Facility in Nashua, NH

New Hampshire Governor John Lynch Attends Office Opening Event Today With AspenTech Employees

BURLINGTON, Mass.--(BUSINESS WIRE)-- Aspen Technology, Inc. (Nasdaq: AZPN) , a leading provider of software and services to the process industries, announced it has opened a new R&D facility in Nashua, NH. New Hampshire Governor John Lynch and other state officials celebrated the office opening today with AspenTech employees in Nashua.

New Hampshire Governor John Lynch (right) greets AspenTech employee Robert Mansperger during a tour ...

New Hampshire Governor John Lynch (right) greets AspenTech employee Robert Mansperger during a tour of AspenTech's new R&D facility in Nashua, NH. (Photo: Business Wire)

The new facility is located at 100 Innovative Way in the Nashua Technology Park. The new office will also provide business continuity capabilities for AspenTech's corporate headquarters in Burlington, MA, located just 23 miles from Nashua.

The 75 employees in the new office include dozens of recent chemical engineering and computer science graduates, recruited through AspenTech's University Hiring Program. Fueling the company's expansion, AspenTech has hired graduates this year from Boston College, Boston University, Carnegie Mellon, Cornell, Northeastern, MIT, Tufts, WPI, and the Universities of Delaware, Houston, Massachusetts, Minnesota, New Hampshire, and Washington.

The world's leading process manufacturers use the aspenONE®software suite to optimize their engineering, manufacturing, and supply chain operations. This results in improved profitability, significant cost savings, and superior operating performance. Visit www.aspentech.com for more information, or AspenTech's career page for current opportunities.

Supporting Quotes

John Lynch, Governor, State of New Hampshire
"New Hampshire is routinely recognized as one of the best states in the nation in which to do business because of our educated workforce and low-tax environment. AspenTech is a tremendous company and a leader in the software industry, which is why I am very pleased that Mark Fusco and his team have chosen to expand here in New Hampshire. AspenTech is bringing good, high-paying jobs to our state, which is great news for the local and state economy. Having an industry leader like AspenTech creating the latest cutting edge innovations here in New Hampshire is truly exciting."

Mark Fusco, President and Chief Executive Officer, AspenTech
"New Hampshire is a great place for a growing company to expand its footprint. New Hampshire's low tax structure and business-friendly attitude was an important factor in our decision to locate our new R&D facility here. AspenTech is hiring on a number of different fronts, and we're excited to have worked with Gov. Lynch and his team to bring our newest product development facility to New Hampshire."

Supporting Resources

About AspenTech

AspenTech is a leading supplier of software that optimizes process manufacturing - for energy, chemicals, 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

© 2012 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo, OPTIMIZE, 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.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50428138〈=en



Aspen Technology, Inc.
AspenTech
Erik Mason, +1 781-221-8386
erik.mason@aspentech.com
or
North America
Lois Paul and Partners (for AspenTech)
Maribel Lopez, +1 617-986-5719
aspentech@lpp.com

KEYWORDS:   United States  North America  Massachusetts  New Hampshire

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