ABB Lummus Renews License for AVEVA PDMS
CAMBRIDGE,
England, June 1, 2007 - AVEVA (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 recognize 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 capitalize on AVEVA’s evolutionary engineering technologies to
execute projects with minimized risk.”
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. 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.
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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