STX OSV standardises on AVEVA Marine for all engineering and 3D design

Technology will be implemented in ten shipyards globally Oslo, Norway - 12 March 2012: AVEVA (LSE:AVV), today announced STX OSV has standardised its engineering and 3D design work on AVEVA Marine and has purchased more than 100 additional software licenses. The technology, which STX OSV has selected over Tribon and a competitive solution, will be implemented globally across ten shipyards. “We are pleased to confirm our first project’s critical path in the design process was reduced by 30%", added Magne Bakke, Chief Operating Officer, STX OSV AS. “AVEVA Marine has improved and reduced the time of our engineering design process. At the same time, for instance, we can integrate and work on a 3D model during initial vessel design as well as engineering tasks. We then reuse and refine this information during the detailed design and production engineering phases. With AVEVA Marine we achieve integrated hull-outfitting, global work sharing and it supports late design changes. This was key in our decision to standardise on AVEVA Marine for all engineering, hull 3D and outfitting 3D design work. As a result, we’ve made the strategic decision to roll AVEVA Marine out across ten shipyards around the world”.

“AVEVA Marine has been thoroughly tested in the engineering work of three Offshore Platform Supply Vessels. We encountered some challenges, but overall experienced great improvement over our old systems. AVEVA has an open approach and worked with us to improve the solution even further”, said Stig Sandanger Riise, Senior Vice President Technology & Engineering, STX OSV AS. “STX OSV has already demonstrated the 30% increased overall efficiency AVEVA Marine offers users compared to our older Tribon M3 software”, added Helmut Schüller, Senior Vice President- Central and North EMEA, AVEVA. “The business value of Integrated Engineering & Design, offering increased quality, reduced man-hours and shorter project duration is a breakthrough in terms of integration and efficiency. STX OSV will quickly recognise these benefits across all of its shipyards”.

The STX OSV shipyards that will implement AVEVA Marine are: - Romania – Tulcea and Braila - Brazil – Niteroi and Suape (new yard under construction) - Vietnam - Vung Tau - Norway -Aukra, Brattvaag, Brevik, Langsten and Søviknes. In addition to engineering activity at the yards, STX OSV has engineering offices in Norway, Romania and Croatia. 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 about AVEVA Marine visit www.aveva.com/marine. Follow AVEVA on twitter @avevagroup Watch AVEVA on YouTube www.youtube.com/avevagroup For customer stories read AVEVA World Magazine at www.aveva.com/Media-Centre/AWM About AVEVA AVEVA is a leader in engineering design and information management solutions for the plant, power and marine industries. For more than 45 years it has delivered business critical software solutions to owner operators, engineering contractor and shipbuilders around the world. For further information please visit www.aveva.com or www.aveva.com/ednotes. Copyright 2012 AVEVA Solutions Limited and its subsidiaries. All product names mentioned are the trademarks of their respective holders.



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