AspenTech Opens Middle East Office in Bahrain
 
  • Press Release

    AspenTech Opens Middle East Office in Bahrain

    Middle East Region a Strategic Focus Area in Process Industry Leader’s Growth Strategy

    BURLINGTON, MASS,  — October 6, 2009 — Aspen Technology, Inc. (OTC: AZPN.PK), a leading provider of software and services to the process industries, today 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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