Japanese Shipbuilders Sign Aveva Contracts

Wednesday, November 26, 2008

Aveva (LSE:AVV), supplier of engineering IT systems for the plant and marine industries, announced that several Japanese shipbuilders -- Namura Shipbuilding, Universal Shipbuilding Corporation, Shin Kurushima Dockyard, Sumitomo Heavy Industries Marine & Engineering and Imabari Shipbuilding Group -- have signed contracts worth over $2.5m to extend their use of Aveva marine solutions. The contracts were made in the first half of Aveva’s financial year ending 30 September 2008.

Aveva marine solutions were first used in Japan by Kawasaki Shipbuilding Corporation in 1994. Kawasaki has since expanded the use of Aveva marine solutions to its commercial and naval yards. To date, there are more than twenty Japanese customers who actively subscribe to Aveva’s shipbuilding solutions.

(www.aveva.com)

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