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CB&I Selects AVEVA's Materials Management Solution: VANTAGE Project Resource Management

Posted on: Wednesday, 6 April 2005, 09:00 CDT

CAMBRIDGE, England, April 6 /PRNewswire/ -- AVEVA (LONDON: AVV) , a leading supplier of engineering IT systems for the process, power, and marine industries, today announced that CB&I , one of the world's leading engineering/procurement/construction (EPC) companies, has signed a global license agreement to implement and deploy VANTAGE(R) Project Resource Management (VPRM).

CB&I's focus on reducing project risk, improving project delivery, and delivering increased value to its customers were the key business drivers in choosing and deploying AVEVA's VPRM solution. The company sought a scaleable, corporate materials management solution that would support its global project environment across multiple business operations, and integrate with its existing ERP and engineering solutions. AVEVA is providing a direct interface between the VPRM materials management system and CB&I's existing 3D engineering solutions, AVEVA's PDMS and Intergraph's PDS.

A key factor in CB&I's decision to implement the VPRM solution on a global scale was AVEVA's commitment to supporting on-going systems enhancements as well as providing a real-time interface to ERP purchasing and receiving modules from Oracle. Robin Ritter, CB&I's Vice President of Global Procurement, commented: "CB&I conducted a detailed review of available materials management systems. AVEVA's VPRM provided CB&I with the functionality necessary to deliver effective materials management in today's complex EPC environment. AVEVA demonstrated thorough knowledge and expertise in the engineering and construction industry and we are pleased to have them as a long-term Engineering IT solutions and services provider."

"Success stories like CB&I demonstrate AVEVA's commitment to our customers and our willingness to understand their business," said Matt McKinley, Executive Vice-President, AVEVA Inc. "The essential logic behind our VPRM interface can be easily adapted to accommodate companies' workflow and disparate engineering systems."

About CB&I

CB&I is one of the world's leading EPC companies, specializing in lump-sum turnkey projects for customers that produce, process, store and distribute the world's natural resources. With more than 60 locations and approximately 11,000 employees throughout the world, CB&I capitalizes on its global expertise and local knowledge to safely and reliably deliver projects virtually anywhere. Information about CB&I is available at http://www.cbi.com/ .

About AVEVA

Headquartered in Cambridge, England, 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. 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. Information about AVEVA is available at http://www.aveva.com/ .

About VANTAGE(TM)

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, visualisation, 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 25 years.

About VPRM

VANTAGE Project Resource Management (VPRM) is a comprehensive solution for the management and control of materials for EPC contractors, clients, vendors and sub-contractors. VPRM can receive issued data directly from AVEVA's VANTAGE Plant Engineering (VPE) P&ID or from any third party P&ID system through an XML-based interface.

AVEVA Group plc

CONTACT: Delores Edwards of AVEVA Group plc, +1-713-977-1225, ordelores.edwards@aveva.com ; or press, Becky Stevens, +1-713-444-6860, orbecky.stevens@virtualmarketing-pr.com , for AVEVA Group plc

Web site: http://www.aveva.com/http://www.cbi.com/

Source: PRNewswire

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