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Leading Japanese shipbuilders extend use of AVEVA marine solutions

25 November 2008

AVEVA (LSE:AVV), the leading supplier of engineering IT systems for the plant and marine industries, announced that key Japanese shipbuilders  -- Namura Shipbuilding, Universal Shipbuilding Corporation, Shin Kurushima Dockyard, and Sumitomo Heavy Industries Marine & Engineering -- have signed contracts worth over USD2.5 million to extend their use of AVEVA marine solutions. The contracts were made in the first half of AVEVA's financial year ending 30 September 2008.

AVEVA marine solutions were first used in Japan by Kawasaki Shipbuilding Corporation in 1994. Kawasaki has since expanded the use of AVEVA marine solutions to its commercial and naval yards. To date, there are more than twenty Japanese customers who actively subscribe to AVEVA's shipbuilding solutions.

Peter Finch, President of AVEVA Asia Pacific, said: "With these contract extensions, Japanese shipbuilders have demonstrated the confidence shipbuilders have in our solutions; which provide efficient design, engineering and construction capabilities to more than 80% of the world's top 50 shipyards. With AVEVA marine solutions, shipbuilders reduce costs, accelerate timescales and maximise performance, rising above the challenges of a global economic slowdown."

End

For further information, please contact:
Youli Hooi                                            
AVEVA Asia Pacific                                                   
Tel:  +603 2176 1234
youli.hooi@aveva.com

24 August 2010
24 August 2010
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