0001104659-12-052722.txt : 20120731 0001104659-12-052722.hdr.sgml : 20120731 20120731160947 ACCESSION NUMBER: 0001104659-12-052722 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120731 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120731 DATE AS OF CHANGE: 20120731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ASPEN TECHNOLOGY INC /DE/ CENTRAL INDEX KEY: 0000929940 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 042739697 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34630 FILM NUMBER: 12996989 BUSINESS ADDRESS: STREET 1: 200 WHEELER ROAD CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 6179491000 MAIL ADDRESS: STREET 1: 200 WHEELER ROAD CITY: BURLINGTON STATE: MA ZIP: 01803 8-K 1 a12-17370_18k.htm 8-K

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 31, 2012

 

ASPEN TECHNOLOGY, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

0-24786

 

04-2739697

(State or other jurisdiction

 

(Commission

 

(IRS Employer

of incorporation)

 

File Number)

 

Identification No.)

 

200 Wheeler Road, Burlington, MA

 

01803

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (781) 221-6400

 

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 8.01

Other Events.

 

On July 31, 2012, we issued a press release announcing a partial final award in our favor and against Advanced Technology Middle East, WLL in the arbitration proceeding under the auspices of the International Court of Arbitration of the International Chamber of Commerce.   The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

 

Item 9.01

Financial Statements and Exhibits.

 

(d)                                 Exhibits.

 

The following exhibit is filed as part of this report:

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press release issued by Aspen Technology, Inc. on July 31, 2012.

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

ASPEN TECHNOLOGY, INC.

 

 

 

Date: July 31, 2012

By:

/s/ Frederic G. Hammond

 

 

Frederic G. Hammond

 

 

Senior Vice President, General Counsel and
Secretary

 

2



 

EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press release issued by Aspen Technology, Inc. on July 31, 2012.

 

3


EX-99.1 2 a12-17370_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

 

 

 

Contacts:

Aspen Technology, Inc.

North America

 

Erik Mason

Maribel Lopez

 

AspenTech

Lois Paul & Partners (for AspenTech)

 

+1 781-221-8386

+1 617-986-5719

 

erik.mason@aspentech.com

aspentech@lpp.com

 

Arbitral Tribunal Issues Award in Favor of Aspen Technology in

Arbitration Proceeding vs. Advanced Technology Middle East, WLL

 

BURLINGTON, Mass — July 31, 2012 — Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, announced that an Arbitral Tribunal operating under the auspices of the International Court of Arbitration of the International Chamber of Commerce had issued a partial final award in the arbitration proceeding captioned Aspen Technology, Inc. v. Advanced Technology Middle East, WLL, Case No. 16732/VRO. Among its determinations, the Tribunal concluded that AspenTech acted lawfully in terminating the reseller agreement with AspenTech Middle East (now known as Advanced Technology Middle East, WLL) (“ATME”). As a result, AspenTech is not obligated to pay to ATME the termination fee specified by the reseller agreement or any other fee or damages. In addition, the Tribunal concluded that ATME is liable to pay AspenTech damages of approximately $20 million, including interest, and approximately $5 million in costs. The award is final and binding, although the Tribunal has reserved certain other residual claims by AspenTech against ATME for subsequent determination by the same Tribunal if required.

 

Mark Fusco, Chief Executive Officer of AspenTech, said, “We are pleased with the result in this arbitration proceeding, and we look forward to continuing to serve our customers in the Middle East and around the world.”

 

About AspenTech

 

AspenTech is a leading supplier of software that optimizes process manufacturing — for energy, chemicals, pharmaceuticals, engineering and construction, and other industries that manufacture and produce products from a chemical process.  With integrated aspenONE solutions, process manufacturers can implement best practices for optimizing their engineering, manufacturing and supply chain operations.  As a result, AspenTech customers are better able to increase capacity, improve margins, reduce costs and become more energy efficient.  To see how the world’s leading process manufacturers rely on AspenTech to achieve their operational excellence goals, visit www.aspentech.com.

 

###

 

© 2012 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo, OPTIMIZE, and the 7 Best Practices of Engineering Excellence are trademarks of Aspen Technology, Inc. All rights reserved. All other trademarks are property of their respective owners.

 


GRAPHIC 3 g173701mmi001.jpg GRAPHIC begin 644 g173701mmi001.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T- M#AT5%A$8(Q\E)"(?(B$F*S7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V5F"*68@` M=*JZ M\Y).T([M=7V]%UZFZCR).UVR`V-NJ[KB1Y/4R.<4_P#LZW'W%:,^J.16=>W+ MSB49_=_(R@]LBK5M?,)GCERVZ78N.UPJ+31]GU&6%N,@@?@:U9$62-D<95A@BO$PE#VN#=-[W M?WW.RK/EJ\W2QS\OW9/]V/\`E4J\W.!U^T5:U.VBBM"\:8)*@GV%6TM+?Y9` MG);?G/?%TCW!XBDG:YU-%8^M^)+;1C%%Y3W-S-RD,?4C MUJ+1_%,.IW;64]K+9W2C(BD_B'M3YXWL/VL.;EOJ;M%IM450T^XV MV:B2-D1$SYC=#3O[1POF-;2B$_\`+0C]<5E'&4G",I.UU?K_`%;SV.ETI7:1 M=HJ">ZC@C5SEM_W`O):HX[[,JQS0O"7^Z6Z&M)8BE&7*WJ2H2:O8LJZL2%8' M!P<'I3JR[>Y\F>Y18WDD:4D*H[5:BOX74[\Q,IPRMU!K*CC*1EN(.)H^G^T*DM;R.X&W[DH^\AZBK-0S6D%QS(@+#HPX(_&G*C*$W M4I==T]GY^3!33CRR)6574JP!!Z@U`+*->%>15_NB0XIOV)UX2[G`]"0?YTOV M)6_ULTLH]&;`_(424IOWJ>OFU_P_X`K+:1+"D2*?*"XSR1SS7+:WJ=Y-XB73 M='M8/MJ)\URZ@L@(R0">@QBNJ1-GRK@(!PH'2L'6?"O]HZB-0M+Z2RN<;69! MU[>HQQ6O*^1)*WI^AR8A3DO=_P""8%I:7EOXYM8-2NQ=S-&V]P>@*-Q4\6D: MWHZS2Z#>PWED6),60V<<$$=">W!K1L?!,5GJ$5X;^69E!\T2+GS,@@\YXX-1 MOX':)W73M7N+6"0_-$,D8_`C/XU"A*VWXG&J,TOAZOKJ8FIZM'JVDZ4ZV\=N M8;HQO&@P@Z'CVKI?'(B_X1J3?C(D39]<_P"&:P_$VBVVDZ;IEC"6*O<'>[=6 M)`!-:L/@E3/&;[5+B\MX3F.!^GT//\J$I:JP151\T+7;2_(Y](]4E\26JVL\ M<-W]CC\MIAQCRQD<@\]:U8=(U=?$=E?:MJ%FTBG"@-M9U`/`&!GK6WK?ANWU M@Q2B5[6YAXCFCZ@>E5M.\)K;WZW^H7\NH7$?^K,G1??J:?LVF4J$E*UKZWWT M^XI?#X#['?'`SYP&?PIG@O\`U6L_]=/_`(JMS0-"70H9XUN&G\Y]^2NW'%-T M7P^FCB\`N&F%T^XY7;MZ\?K1[.7*EZFM*G*+IW6U[CY<_P!A1XZ<9^F:G:&\ M>(J;B'8RX^YVI\-EY<;1/,TD17:$(Z4S^SWV>5]KE\KILXZ>F:\]8>K9-Q?P MI63MM\]G_2/5YX]'UOL11IY=W9HSAU",%8=":ORB(A3+MP#QN]:CELXI(4B` M*;/N%>JTQ;$F17GG>;9RJL,`&NBG3J4KP4;IVZZ+1+7KTT(E*,K-L;IX_?71 M[^::RM0_X_YO][^E;D%N(&E8,3YC[CGM56?24GG>4RL"QS@`5QXO!UJF&C3B MM4V_S-:56$:CD^QH4445[AQA1110`4444`%%%%`'*>-_OZ3_`-?0_I75T45G @'XF84_XL_E^04445H;A1110`4444`%%%%`!1110!_]D_ ` end