Press Releases
ABB Lummus Global sign new License Agreement with AVEVA
29 May 2007AVEVA (LSE:AVV), a leading provider of plant design and engineering lifecycle solutions, is proud to announce that ABB Lummus Global have renewed their license agreement with AVEVA for the provision of AVEVA Plant Design technology globally within their business.
ABB Lummus Global uses AVEVA PDMS and AVEVA Global technology to effectively and efficiently manage 3D engineering design information on many of their multi-office executed projects.
Richard Longdon, CEO of AVEVA states "AVEVA has a relationship spanning almost three decades with ABB Lummus Global. In an increasingly competitive global marketplace, we recognise that our clients need to have the optimum processes in place to ensure that they are leading the field right from the outset of any project. This latest agreement will allow ABB Lummus Global worldwide to capitalise on AVEVA’s evolutionary engineering technologies to execute projects with minimized risk."
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About ABB
ABB (www.abb.com) is a leader in power and automation technologies that enable utilities and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 108,000 people.
About AVEVA Group plc
AVEVA Group plc is one of the world’s foremost and fastest-growing lifecycle engineering IT solutions and services providers to the oil and gas, paper and pulp, power, chemical, pharmaceutical and shipbuilding industries. Listed on the London Stock Exchange (LSE:AVV), the Group reported pre-tax profits for the year ended March 2007 of GBP 24.7 million on revenues of GBP 94.9 million. The Group has grown consistently since 1967 on the strength of pioneering engineering technology that protects the information assets of its customers from the volatile nature of the IT industry.
The Group's history of innovation spans five decades and has produced most of today's major engineering IT technologies. Serving over 1600 clients, AVEVA has a dominant position in many market sectors both on and offshore. In May 2004, the Group acquired Tribon Solutions AB, the market-leading shipbuilding solution company and now serves 85% of the world's top 20 shipbuilders.
The Group's clients include leading plant owner operators, shipbuilders and engineering contractors such as Aker Kvaerner, ALSTOM Power, AMEC, Areva NP, BASF, BP, China Huanqiu Contracting & Engineering Corporation, Daewoo Heavy Industries, Daewoo Shipbuilding & Marine Engineering (DSME), Dalian New Shipbuilding, Du Pont, Electricité de France, ExxonMobil, Halliburton, Hanjin Heavy Industries, Hitachi, Hudong Zhonghua Shipyard, Hyundai Heavy Industries, Kawasaki Heavy Industries, Kawasaki Shipbuilding Corporation, Merck, Mitsubishi Heavy Industries, Mitsui Engineering & Shipbuilding, North-West Electric Power Design Institute, Petronas Carigali, Samsung Engineering, Shanghai Waigaoqiao Shipbuilding, Shell, Sinopec Engineering Incorporation, STX Shipbuilding and Uhde.
Headquartered in Cambridge, England, AVEVA Group plc and its operating subsidiaries currently employ more than 600 staff worldwide with offices in England, Australia, Canada, China, France, Germany, Hong Kong, India, Italy, Japan, Malaysia, Norway, Russia, Saudi Arabia, Singapore, Sweden, South Korea and the USA.
About AVEVA Global
AVEVA Global is the proven 24-hour, multi-location plant design management system. Effective global project execution is not just a matter of copying data between different locations; it demands the ability to share design data and control the dissemination of that data, with the flexibility to accommodate change whilst recognising contractual boundaries and scopes. AVEVA Global, as standard feature of PDMS, ensures this can happen.
About AVEVA Plant Design Management System (PDMS)
AVEVA Plant Design Management System (PDMS) is a datacentric, multi-disciplinary solution for 3D process plant design, featuring applications and reference data for every engineering discipline. It differs from conventional 3D approaches in not requiring a drawing engine but producing graphics directly from a single, coherent data model of the entire plant. First launched in 1976, AVEVA PDMS’s architecture was designed to evolve, and has done so through many leading operating systems during the progress of the IT industry. The system offers compatibility with all previous versions and many other leading industry systems.
For further information, please contact:
Alison Patey
AVEVA
Tel +44 (0)1223 556653
alison.patey@aveva.com
Judith Barnes
Citigate Dewe Rogerson
Tel +44 (0) 1604 232223
judith.barnes@citigatedr.co.uk
