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SungDong Shipbuilding & Marine Engineering Co. Ltd. expands its use of AVEVA Marine solutions

9/13/2011

Agreement to increase AVEVA Marine user licenses

Busan, Korea - 12 September 2011: AVEVA (LSE:AVV), a leader in engineering design and information management solutions for the plant, power and marine industries, announced today that SungDong Shipbuilding & Marine Engineering Co. Ltd. (SungDong) has extended its contract for the use of AVEVA Marine to drive the design of commercial vessels. The new licenses will be used throughout its four shipyards in Korea for the design and production of vessels which include bulk carriers, container carriers and FSOs (Floating Storage & Offloading).

SungDong selected AVEVA as its key solution partner due to its outstanding record in hull and outfitting solutions as well as the suitability of the AVEVA solutions for offshore design and production. Additional benefits include the protection of SungDong's legacy data and AVEVA's onsite engineering support team based in Busan, which can provide responsive local support.

Following SungDong Shipbuilding & Marine Engineering Co. Ltd. establishment in 2001, the shipbuilder has quickly become one of the world's top ten shipbuilding enterprises producing a broad range of commercial vessel and, more recently, offshore projects.

"AVEVA is the natural choice for international companies engaged in shipbuilding and offshore projects such as those at SungDong", said SungDong Shipbuilding & Marine Engineering Co. Ltd. "Throughout our company's growth, the design and production support of commercial vessels has been built around AVEVA solutions. Our increase in AVEVA Marine licenses will play a key role in the on-going success of SungDong as we expand our business and constantly improve the efficiency of our operations".

"In SungDong, AVEVA has a very valuable partner. Our close collaborative working relationship means their input can further strengthen our shipbuilding portfolio", says Eun-Joo Park, President of AVEVA Korea Co. Ltd. "AVEVA Integrated Engineering & Design links applications through object-centric systems, improving project efficiency and reducing engineering design and costs".

AVEVA Marine is a set of integrated applications created specifically for the unique processes of the engineering and design of ship and offshore structures, design management, and the generation of accurate production information. To learn more visit www.aveva.com/marine.

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