AspenTech relisted on NASDAQ
BURLINGTON, Mass. Aspen Technology, Inc., a provider of software and services to the process industries, today announced its financial results for its second quarter of fiscal 2010, ended December 31, 2009.
Mark Fusco, Chief Executive Officer of AspenTech, said,"We are pleased with the company's performance in the second quarter, as solid transaction flow drove product-related bookings of approximately $95 million. Within product related bookings, the license portion was consistent with the year ago period. Early customer response to our new aspenONE licensing model has been very favorable, which is driving both renewal activity and expanded usage with customers across each of our target markets. As we look to the second half of our fiscal year, customer interest levels remain high, and we are encouraged by the positive impact of our new aspenONE licensing model on both our competitive position and long-term market opportunity."
Fusco added, "After bringing our financial statements current with the filing of our first quarter results and subsequently filing our second quarter results in a timely manner, we have been approved to relist the company's common stock on the NASDAQ stock market effective tomorrow morning under the ticker 'AZPN.' We are excited to complete this process so that investors can focus exclusively on AspenTech’s business performance, strong competitive position and market opportunity."