Aveve Launches its New Aveva Marine Product Portfolio

Hamburg, (PresseBox) - AVEVA (LSE:AVV), the leading provider of plant and marine design and engineering lifecycle solutions, today launched AVEVA Marine at the AVEVA Marine Users' Meeting in Busan, Korea.

AVEVA Marine is a portfolio of integrated design and production products combined with open and flexible lifecycle management solutions.

"It delivers a completely new level of efficiency for design development in shipbuilding and floating offshore projects. AVEVA Marine provides completely new opportunities improving how to do ship design; where to do ship design, who to do ship design with; and how much ship design to do," stresses Dave Wheeldon, Group Product Development Director.

This is achieved with a full set of products that cover all design disciplines and set new levels of efficiency for creation and modification of design data.

Key developments in AVEVA Marine:

- A set of lifecycle management capabilities that enables all the work processes and information networks to be integrated and managed.

- Data Management as a standard feature of the unified Ship Model Database using proven AVEVA technology.

- Vastly improved outfit modelling with full 3D interface that gives a very large efficiency gain in modelling. Also very powerful and efficient tools for modification using the unique "graphical handle feature".

- Enhanced structural design capabilities which allow the creation, in only a few hours, of the structural model for classification documents.

- Uniform new .NET based GUI for improved productivity in all products.

- Advanced Customisation Tools using Microsoft .NET Technology.

Richard Longdon, CEO of AVEVA comments: "AVEVA Marine is the result of many years of continual development and accumulated shipbuilding and offshore engineering experience. It is the most advanced marine engineering software in the world.

AVEVA has a responsibility to our customers to make best use of new technologies in our products while at the same time protecting our customers' investments in data and know-how. The new products within AVEVA Marine deliver very significant innovations and are fully compatible with previous releases"

AVEVA Marine will be available for distribution in Q4 2007.

AVEVA GmbH

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 by DWT.

The Group's Marine clients include Admiralty Shipyards, Aker Finnyards, Aker MTW Werft, Blohm + Voss, Bohai Shipyard, Daewoo Shipbuilding Marine Engineering, Dalian New Shipbuilding Heavy Industries, Damen Shipyards Galati, Gdynia Shipyard, Hanjin Heavy Industries, Hudong Zhonghua Shipyard, Hyundai Heavy Industries, Hyundai Mipo Dockyard, Hyundai Samho Heavy Industries, Jiangnan Shipyard, Kawasaki Shipbuilding Corporation, Keppel FELS, Mitsubishi Heavy Industries, Mitsui Engineering and Shipbuilding, Namura Shipbuilding, Nantong COSCO KHI Engineering, NASSCO, New Century Shipbuilding, Oshima Shipbuilding, PT PAL Indonesia, Samsung Heavy Industries, Shanghai Waigaoqiao Shipbuilding, STX Shipbuilding, Sungdong Shipbuilding, Szczecin New Shipyard, Thyssen Krupp, Universal Shipbuilding Corporation, VT Shipbuilding.

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.

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