AspenTech welcomes Jill Smith to its Board of Directors

– USA, MA –  Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in asset optimization software, today announced the appointment of  Jill Smith to its Board of Directors.

“I am delighted to welcome Jill Smith to our Board of Directors,” said CEO, Antonio Pietri. “Jill brings a wealth of international experience and diverse industry insights and will help to guide AspenTech through the next period of innovation, growth and transformation.”

About Jill D. Smith

Jill Smith brings more than 20 years of significant international business leadership, most recently serving as President and COO and director of Allied Minds plc, an intellectual property commercialization company for technology and life sciences. Previously, she served as Chairman, CEO, and President of DigitalGlobe Inc., a global provider of satellite imagery products and services.

Ms. Smith has served as President and CEO of eDial, a VoIP collaboration company, and President and CEO of SRDS, a business-to-business publishing firm. Ms. Smith began her career as a Consultant at Bain & Company, where she rose to Partner, before taking leadership roles with Sara Lee in France and becoming EVP and President and COO of Micron Electronics, a direct-to-consumer PC manufacturing firm.

“I look forward to joining the experienced and ambitious team at AspenTech and supporting the drive for growth and long-term value creation,” said JillSmith. “AspenTech has an exciting vision for the future of the industry and is committed to making it a reality over the next decade.”

Ms. Smith holds an M.Sc. in Management from MIT Sloan School of Management and currently serves on the Board of Directors for R1 RCM, a technology-led revenue cycle management company, Circor International, a flow control, engineered products producer, and MDA, a space technology developer, and manufacturer, as well as several other privately held technology companies.

About Aspen Technology

Aspen Technology is a global leader in asset optimization software. Its solutions address complex, industrial environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. AspenTech uniquely combines decades of process modeling expertise with artificial intelligence. Its purpose-built software platform automates knowledge work and builds a sustainable competitive advantage by delivering high returns over the entire asset lifecycle. As a result, companies in capital-intensive industries can maximize uptime and push the limits of performance, running their assets safer, greener, longer, and faster.

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