Software improves shipbuilding design development.

Press Release Summary:

AVEVA Marine is composed of integrated design and production products combined with open and flexible lifecycle management solutions that improve design development in floating offshore projects. It covers all design disciplines and facilitates creation and modification of design data. Features include data management, outfit modeling with full 3D interface, structural design capabilities, uniform .NET based GUI, and customization tools using Microsoft .NET technology.

Original Press Release:

AVEVA Launches Its New AVEVA Marine Product Portfolio

BUSAN, South Korea, May 31 /- AVEVA , 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:

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

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

o 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".

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

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

o 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.

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.

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.

Source: AVEVA

Joseph Krol of AVEVA,

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