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World's Major Copper Producer Selects AVEVA NET

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AVEVA Group plc
High Cross Madingley Road
Cambridge, United Kingdom



Press release date: May 29, 2012

CODELCO chooses AVEVA's Information Management solution for project execution

Santiago de Chile - AVEVA (LSE:AVV) today announced that the Vice Presidency of Projects (VP) at Chile's state-run Corporación Nacional del Cobre (CODELCO) are using AVEVA NET as its information management solution for the execution of important capital projects in Chile. This follows an extensive evaluation against several competitors.

AVEVA NET is enabling CODELCO, for the first time, to bring together and analyse crucial engineering data from different systems involved in the execution of the projects into a single view. This gives the mining company improved efficiency, greater information control and thereby improves data access, accuracy and consistency throughout the operation. The company expects to achieve increased productivity, improved decision-making capabilities and to reduce costly rework.

Eugenio Gómez Retamal, Technology Platform Director for CODELCO VP explained, "AVEVA NET serves as our centralized portal in which all the information created by the contractors may be visualized and reported on. Although this is a fraction of what the system can do, it already addresses one of CODELCO's crucial pain points: allowing several people in different locations to visualize and perform markups on the engineering documents and 3D Models regardless of its source. In addition, AVEVA NET enables CODELCO to more quickly understand the data it receives from contractors, allowing rapid decisions that enhance all of VP's existing procedures."

Luis Maturana Leighton, Functional Specialist Engineer, CODELCO VP added, "AVEVA NET delivered excellent results on a very tight schedule, and in a scenario where most of the software involved came from third-party companies."

Santiago Pena, Senior Vice President - Latin America, AVEVA said, "This solution will allow CODELCO to accurately and efficiently manage very large amounts of data with total interoperability between several different and previously incompatible systems. AVEVA NET's abilities will prove beneficial in every phase of their operations - from FEED to commissioning."

AVEVA NET is a powerful, ISO 15926-compliant Information Management solution from the AVEVA Enterprise portfolio that automatically controls, links, evaluates and makes available all types of engineering and associated data and documents, regardless of application and format. Its ability to reduce the time spent manually searching for information and its ability to link related items of information together have been proven to save businesses millions in productivity, decision making and rework.

CODELCO owns and operates several mines throughout Chile and is the largest copper mining operation in the world, according to the company.

Media contact:
Karla Moisés
Marketing Coordinator - Latin America
Tel: + 52 55 2584 9891
karla.moises@aveva.com
v Follow AVEVA on twitter @avevagroup
Watch AVEVA on YouTube www.youtube.com/avevagroup

For customer stories read AVEVA World Magazine at www.aveva.com/Media-Centre/AWM

About AVEVA
AVEVA is a leader in engineering design and information management solutions for the plant, power and marine industries. For more than 45 years it has delivered business critical software solutions to owner operators, engineering contractors and shipbuilders around the world. For further information please visit www.aveva.com or www.aveva.com/ednotes.

About CODELCO (Corporación Nacional del Cobre)
Codelco is the main copper producer in the world. The Corporation also controls around 20% of the world reserves of this metal. The Name Codelco represents the Corporación Nacional del Cobre de Chile, an autonomous company owned by the Chilean State which main business is the exploration, development and exploitation of copper mineral resources and byproducts, their processing to refined copper and its commercialization.

The Company develops its operations through four mining divisions plus the Ventanas Smelter and Refinery, owned by Codelco since May 2005. Its corporate strategy is coordinated from its Head Office in Santiago, Chile. The Company also has ownership interest in several important mining companies, such as in Minera Gaby S.A., where it holds 100%, and El Abra, with a 49% stake; and other mining partnerships in geological operations both in Chile and abroad.

For further information please visit http://www.codelco.cl/
Copyright 2012 AVEVA Solutions Limited and its subsidiaries. All product names If you wish to unsubscribe from service, please reply with UNSUBSCRIBE in the heading.

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