Case Studies

China's New Century Shipbuilding Selects AVEVA Software

AVEVA (LSE:AVV), a world- leading supplier of engineering IT solutions for the process, power, and marine industries, today announced it has signed a contract to provide its design and production solutions to New Century Shipbuilding (NCS).

CAMBRIDGE, England, February 28, 2006 - AVEVA (LSE:AVV), a world- leading supplier of engineering IT solutions for the process, power, and marine industries, today announced it has signed a contract to provide its design and production solutions to New Century Shipbuilding (NCS).

The contract means that two of the fastest-developing, non state-owned, local shipbuilding forces in China have now signed up to and are benefiting from AVEVA’s marine solutions.

NCS, located southeast of Jingjiang, will utilize AVEVA’s software to enhance its shipbuilding capabilities on its latest project – the design and manufacture of a 4250TEU Container Ship prototype, for which delivery is expected in 2007. The software will enable NCS to improve its design processes, precision management, and coordination between hull, outfitting, design and fabrication.

Mr. Chen Xueliang, Director of the Design Institute at NCS said: “In our heavily competitive market, it is vital to streamline every aspect of our business. AVEVA’s solutions and services significantly contribute towards the goals and objectives of our organization, and we look forward to implementing new shipbuilding practices, as a step towards improving productivity and competitiveness.”

Peter Finch, President of AVEVA’s Asia Pacific region commented: “The success of our IT solution is not only based on technology but on deep understanding of the industry. Our strategy of deploying a marine division in China has enabled us to gain the confidence of valued organizations like NCS.”

About New Century Shipbuilding Co., Ltd (NCS)

NCS was established in August 2001 with a registered capital of RMB600 million and is one of the top 20 shipyards by dwt in the world. Located in the southeast of Jingjiang, NCS has a workforce of about 5,000 and engages mainly in the production of various kinds of ships which includes container vessels, bulk carriers and oil tankers. NCS’s shipyard which covers a total area of 600,000 square meters has the capacity to handle 800,000 dwt per year.

About AVEVA

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 has grown consistently since 1967 on the strength of pioneering engineering technology that protects the information assets of its customers despite the changing 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 1100 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 80% of the world's top 20 shipbuilders.

The Group's clients include leading plant owner operators and engineering contractors such as ALSTOM Power, AMEC, BASF, China Huanqiu Contracting & Engineering Corporation, Daewoo Heavy Industries, Daewoo Shipbuilding & Marine Engineering (DSME), Dalian New Shipbuilding, Du Pont, Electricité de France, Halliburton, Hanjin Heavy Industries, Hitachi, Hudong Zhonghua Shipyard, Hyundai Mipo Dockyard, Hyundai Samho Heavy Industries, Kawasaki Heavy Industries, Kawasaki Shipbuilding Corporation, Krupp Uhde, Kvaerner, Merck, Mitsubishi Heavy Industries, Mitsui Engineering & Shipbuilding, North-West Electric Power Design Institute, Petronas Carigali, Samsung Engineering, Shanghai Waigaoqiao Shipbuilding, Shell, Sinopec Engineering Incorporation and STX Shipbuilding.

Headquartered in Cambridge, England, AVEVA Group plc and its operating subsidiaries currently employ more than 500 staff worldwide with offices in England, Australia, China, France, Germany, Hong Kong, India, Italy, Japan, KSA, Malaysia, Norway, Russia, Singapore, Sweden, South Korea and the USA.

About VANTAGE Marine

VANTAGE, the collective name for AVEVA's four-family plant lifecycle product suite, offers proven, integrated and versatile solutions for engineering IT. Well known for its Plant Design Management System (PDMS), it also addresses data management, project management, engineering design, visualization, third party software integration, procurement and connecting the business enterprise on a common foundation. VANTAGE represents AVEVA's commitment to harnessing the best of technology to answer the needs of good engineering and offers the engineering world's most advanced globally-distributed project work solution. VANTAGE is developed upon a proven and evolving technology that has been deployed on major global projects for over 30 years.

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