BNET Industries

Last Fiscal Year Sales:$17.5M
  • Private
  • US
Dow Jones Description

We are a leading supplier of integrated software and services to the process industries, for which the principal markets consist of: energy; chemicals; pharmaceuticals; and engineering and construction. Additionally, we also serve other industries such as power and utilities, consumer products, metals and mining, pulp and paper and biofuels, which manufacture and produce products from a chemical process. We provide a comprehensive, integrated suite of software applications that utilize proprietary empirical models of chemical manufacturing processes to improve plant and process design, economic evaluation, production, production planning and scheduling, and operational performance, and an array of services designed to optimize the utilization of these products by our customers. We are organized into three operating segments: software licenses, maintenance and training, and professional services. Each of these operating segments has unique characteristics and faces different opportunities and challenges. We were initially incorporated in 1981 and reincorporated in Delaware in 1998. For more than 25 years, we have had a track record of innovation and technology leadership in the process industries. Our customer base of over 1,500 process manufacturers includes several of the world's leading petroleum refiners, chemical companies, pharmaceutical companies and engineering and construction firms that service the process industries. ...

Chief Executive Officer
Mark E. Fusco
Number of Employees 300
Contact Information

2500 City W Blvd

Houston, Texas 77077

aspentech.com

(281) 584-1000

NAICS Code Computer and Software Stores: 443120

Recent Events

  • AspenTech Opens Middle East Office in Bahrain

    10/07/09 - Mgmt. Change Entering - General Manager - View Story

News & Analysis

aspentech ltd. - All News and Analysis

Decision Makers

Name (plus bio) Position
Mark E. Fusco Chief Executive Officer
Brad Miller Chief Financial Officer
Bradley T. Miller Senior Vice President & Cfo
Antonio Pietri Executive Vice President, Field Operations
Blair Wheeler Senior Vice President, Marketing
C. Steven Pringle Senior Vice President, Aspenone
David Woodruff Senior Vice President
Frederic G. Hammond Senior Vice President and General Counsel
Henry Lau Senior Vice President
Joanna Nikka Senior Vice President, Human Resources
John Bell Senior Vice President, Sales
John W Hague Senior Vice President, Global Accounts
Manolis Kotzabasakis Senior Vice President, Sales and Strategy
Michele Triponey Senior Vice President, Global Customer Support and Training
Paul Taylor Senior Vice President of Regional Sales and Services
Richard Packwood Senior Vice President, Corporate Strategy
Willie K. Chan Senior Vice President, Research & Development
Alison Smith Vice President of Marketing Strategy and Research
Bruce McFarlin Vice President of R&D
James Hintlian Vice President and General Manager, Pharmaceuticals
Jamie Hintlian Vice President and General Manager, Pharmaceuticals
Steven Pringle Vice President, Manufacturing
David McKenna Partner at Advent International
Christopher Pike
Foster Wheeler

Board of Directors

Name (plus bio) Position
Donald P. Casey Chair
Gary E. Haroian Chair
Stephen M. Jennings Chairman
Joan C. McArdle Board of Directors
Michael Pehl Board of Directors

Organization Position Status
Aspentech, Ltd. Chief Executive Officer Current
Aspentech, Ltd. President, Chief Executive, Officer, and Director Current
Aspen Technology, Inc. Board of Directors Current
Aspentech, Ltd. Board of Directors Current
Harvard Business School Member Current
Harvard College Member Current
Aspen Technology, Inc. President & CEO Former
Software Quality Partners President Former
Ajilon Consulting President Former
Analysis, Inc. President Former
Computer Systems Company, Inc. President Former
Ajilon Consulting Chief Operating Officer Former
Ajilon Consulting Executive Vice President Former
Software Quality Partners Co-Founder Former
Harvard College B.A. In Economics Former
Aspentech, Ltd. member Former

Bradley Miller, one of the named executive officers, stepped down from his position with us in February 2009. We have initiated a search for a new Chief Financial Officer. During the transition period from February 2009 until our appointment of a new Chief Financial Officer, Mr. Fusco is fulfilling the functions of our Principal Financial Officer and Principal Accounting Officer.

Organization Position Status
Aspentech, Ltd. Chief Financial Officer Current
Aspentech, Ltd. Executive Current
Sapient Corporation Corporate Controller Former
University of New Hampshire M.B.A. Former

Bradley T. Miller joined AspenTech as Senior Vice President and Chief Financial Officer in September 2006, bringing over 20 years of financial management and executive leadership experience. Miller is responsible for the Company's global financial operations and oversees all treasury, investor, and information technology functions. Miller brings an extensive public company background which includes building financial systems which are scalable on a global basis. In his most recent role, Miller was CFO at Viisage Technology, a publicly traded identity solutions hardware and software company, where he successfully managed a $100 million private equity investment and the merger with Identix and L-1 Identity Solutions. Prior to joining Viisage, Miller served as vice president, finance and corporate controller of Sonus Networks where he successfully steered the company through a period of substantial change in its global financial operations. Miller also held executive financial management roles at Sapient, Juniornet and Wang Global. He previously was a member of the audit practice with Coopers and Lybrand where he earned his C. P. A. license. Miller is a graduate of the College of William and Mary, and holds an MBA from the University of New Hampshire.

Organization Position Status
The Aspentech Executive Forum Chief Financial Officer Current
Aspentech, Ltd. Senior Vice President & Cfo Current
Sonus Networks Inc. Chief Accounting Officer Current
The Aspentech Executive Forum Senior Vice President Current
Sapient Corporation Chief Accounting Officer, Vice President & Controller Former
L-1 Identity Solutions, Inc. Cfo & Senior Vice President Former
Sonus Networks Inc. Vice President of Finance Former
Juniornet Corporation Vice President Former
Juniornet Corporation Corporate Controller Former
Sonus Networks Inc. Corporate Controller Former
University of New Hampshire M.B.A. Former
William and Mary Former

Organization Position Status
The Aspentech Executive Forum Executive Vice President, Field Operations Current
Aspentech, Ltd. Executive Vice President, Field Operations Current
Aspen Technology, Inc. Vice President, Operations Current
Aspentech, Ltd. Senior Vice President Former
Aspentech, Ltd. Managing Director, Regional Operations, Asia Pacific Former
Aspentech, Ltd. Program Director Former
Aspentech, Ltd. Sales Manager Former
Aspentech, Ltd. Applications Engineer Former
Com Marketing, Inc. Former
Setpoint Systems Inc Former
The University of Houston Mba Degree Former
The University of Tulsa Bs Degree In Chemical Engineering Former

Organization Position Status
The Aspentech Executive Forum Senior Vice President, Marketing Current
Aspen Technology, Inc. Senior Vice President, Marketing Current
Aspentech, Ltd. Senior Vice President, Marketing Current
Relicore, Inc. Vice President, Marketing Former
Amoco Corporation Former
Cisco Systems, Inc. Former
Avid Technology, Inc. Former
The Boston Consulting Group, Inc. Former
Harvard Business School MBA degree Former
Yale College BS degree in Geology and Geophysics Former

Organization Position Status
Aspentech, Ltd. Senior Vice President, Aspenone Current

Organization Position Status
The Aspentech Executive Forum Senior Vice President, Regional Sales and Services, Americas Current
Aspentech, Ltd. Senior Vice President Current
Honeywell Corporation Former
Texas A&M University Bs Degree In Industrial Engineering Former

Organization Position Status
The Aspentech Executive Forum Senior Vice President and General Counsel Current
Aspentech, Ltd. Senior Vice President and General Counsel Current
Aspen Technology, Inc. General Counsel & Senior Vice President Current
The Aspentech Executive Forum General Counsel Current
Aspentech, Ltd. General Counsel Current
Gomez, Inc. General Counsel & Vice President, Business Affairs Former
Boston, Massachusetts Partner Former
Hinckley Allen & Snyder Partner Former
Gomez, Inc. General Counsel Former
Ropes & Gray Llp Attorney Former
Boston College J.D. Former
Boston College Law School J.D. Former
Yale College B.A. Former

Henry Lau joined AspenTech in early 2007 as Senior Vice President and Managing Director, Regional Sales and Services, for the APAC region where he brings more than 30 years of sales, marketing, engineering, and management experience to the position. Prior to joining AspenTech, Henry served as Managing Director of APAC for Psion Teklogix, a leading provider of rugged mobile computing solutions, where he had full P&L responsibility and helped grow the Asia Pacific business more than 80% in two years. Before that, Henry served as Managing Director for the Greater China/Korea/ASEAN region for Avid Technology, the world leader in digital non-linear media creation, management, and distribution solutions. While at Avid, Henry helped the company more than double its Asia business over a four-year period. Henry has also held various senior-level management positions at Tandem Computers, Intergraph Systems, Apple Computers, Unisys, Cray Research and Sperry Univac. Henry also held senior management positions in various government ministries in the Singapore Civil Service. Henry Lau has a BSC in Systems Engineering (1st Class Honours) from the University of Bath, U.K under a Singapore Government Colombo Plan Scholarship.

Organization Position Status
Aspentech, Ltd. Senior Vice President Current
Regional Sales Company Senior Vice President Current
The Aspentech Executive Forum Senior Vice President and Managing Director, Regional Sales and Services Current
Regional Sales Company Managing Director Current
Aspentech, Ltd. Managing Director Current
Psion Teklogix Inc Managing Director Former
University Corp. Bsc In Systems Engineering Former

Organization Position Status
The Aspentech Executive Forum Senior Vice President, Human Resources Current
Aspentech, Ltd. Senior Vice President, Human Resources Current
Executive Destinations, Inc. Partner Current
Analog Devices, Inc. Current
Millipore Corporation Current
Massachusetts School of Professional Psychology Board of Directors Current
Babson College MBA Former
Massachusetts, Inc. MBA Former
University College Dublin BA Degree Former

John Bell joined AspenTech in 2005 as Senior Vice President, Sales, for the Europe/Middle East/Africa region. Prior to joining AspenTech, Bell served as EMEA Regional Director for MatrixOne Inc., a recognized leader in developing and marketing collaborative product lifecycle management solutions, where he drove a strong sales-oriented culture that saw a 300% business growth in fiscal 2003/2004. Bell previously was Vice President, EMEA, for SAP Portals UK Ltd., where he created a new business sales and support team that captured first place in the UK portal market. He has also held several senior-level management positions, including Vice President, Europe at Infinium Software, where he quadrupled license sales; and Middle East Regional Director for Oracle Dubai UAE, where he was awarded the top growth award within his division. Bell holds a degree in Economics from Brookes University, Oxford.

Organization Position Status
Aspentech, Ltd. Senior Vice President, Sales Current
Aspen Technology, Inc. Current
Infinium Software Vice President Former
Matrixone, Inc Regional Director Former
Enovia MatrixOne, Inc. Director Former

Organization Position Status
Aspentech, Ltd. Senior Vice President, Global Accounts Current
The Aspentech Executive Forum Senior Vice President, Global Accounts Current
Oklahoma State University MBA Degrees Former
Oklahoma State University BS Former

Manolis Kotzabasakis joined AspenTech in 1997, and is responsible for AspenTech’s worldwide sales operations and business development. Previously, he served as Senior Vice President, Corporate Strategy and Marketing, directing the company’s activities related to business planning, corporate and product marketing, alliances, and mergers and acquisitions. Kotzabasakis served as Chief Executive Officer at Linnhoff March, a process software and design firm, prior to his association with AspenTech. He was an associate professor in Chemical Engineering at the University of Manchester Institute of Science and Technology (UMIST) in the United Kingdom from 1987 to 1992. Kotzabasakis holds PhD and MSc degrees in Chemical Engineering from UMIST, and a BSc degree in Chemical Engineering from the National Technical University of Athens, Greece.

Organization Position Status
Aspen Technology, Inc. Senior Vice President, Sales & Business Development Current
Aspentech, Ltd. Senior Vice President, Sales and Strategy Current
University of Manchester Institute of Science and Technology associate professor in Chemical Engineering Former
University of Manchester PH.D. In Chemical Engineering Former
National Technical University of Athens PhD Former
National Technical University of Athens BSc degree in Chemical Engineering Former

Organization Position Status
The Aspentech Executive Forum Senior Vice President, Global Customer Support Current
Aspentech, Ltd. Senior Vice President, Global Customer Support and Training Current
Aspen Technology, Inc. Senior Vice President, Global Customer Support & Training Current
Ajilon Consulting Vice President for Information Technology Services Former
Ajilon LLC Former
Bloomsburg University of Pennsylvania Mba Former
Clarion University Former

Paul Taylor joined AspenTech in early 2008 as Senior Vice President of Regional Sales and Services for the EMEA region. Taylor brings more than 30 years of sales, software, hardware, and management experience to this role. Prior to joining AspenTech he served as Vice President and General Manager - EMEA, for Borland, a provider of Application Lifecycle Management (ALM) tools. In his first year with Borland he oversaw the restructuring of the European organization and led the EMEA team to revenues 30% higher year-over-year. Before his association with Borland, Taylor was Senior Vice President of Worldwide Sales Operations at Vitria, Inc., a provider of Business Process Management (BPM) solutions. There, he was instrumental in significantly increasing its International revenues from 20% to 50% of worldwide revenues successfully leveraging both local and global partners. Taylor has also held senior management positions with Commerce One and Lotus/IBM Software Group.

Organization Position Status
Aspentech, Ltd. Senior Vice President of Regional Sales and Services Current

Organization Position Status
The Aspentech Executive Forum Senior Vice President, Business Development Current
Aspentech, Ltd. Senior Vice President, Corporate Strategy Current
Aspen Technology, Inc. Senior Vice President, Strategy Current
Provision Technologies, Inc. Vice President Former
The Parthenon Group Inc. management consultant Former
Ajilon Former
Massachusetts, Inc. MBA Former
Massachusetts Institute of Technology MBA Former
Durham University Former

Organization Position Status
Aspentech, Ltd. Senior Vice President, Research & Development Current
Aspen Technology, Inc. Vice President, Res & Development Current
Aspentech, Ltd. Vice President, Research & Development Former
Massachusetts, Inc. Master of Science Former
Massachusetts Institute of Technology Master of Science Former
Massachusetts, Inc. Bachelor of Science Degrees In Chemical Engineering Former
Aspentech, Ltd. member Former

Organization Position Status
Aspentech, Ltd. Vice President of Marketing Strategy and Research Current

Bruce has over 20 years experience with DMC Corporation and Aspen Technology, Inc. .He has a B.S. in Chemistry from The College of William and Mary and an M.S. in Chemical Engineering from the University of Maryland College Park. Bruce has served in a variety of technical and management roles including training, software development, and project management. Bruce is currently Vice President of R&D at AspenTech providing leadership for the APC product development organization. Copyright (c) 2008 AC&O World Users Group, All Rights Reserved. The contents of this site are reserved for the private authorized use of the AC&O World Users Group.

Organization Position Status
Aspentech, Ltd. Vice President of R&D Current
Acousergroup.Org Board of Directors Current

Organization Position Status
The Aspentech Executive Forum Vice President and General Manager, Pharmaceuticals Current
Aspentech, Ltd. Vice President and General Manager, Pharmaceuticals Current
Datagen Former
Data General Corporation Former

Jamie Hintlian joined AspenTech in 2007 to build and lead AspenTech's newly formed Pharmaceutical Business Unit, including development and execution of AspenTech's pharmaceuticals business, product, and go-to-market strategy. Hintlian joined AspenTech from Accenture, where he was a Senior Partner leading their Global Health and Life Sciences Supply Chain Practice. He worked with firms across the pharmaceutical and medical products value chain to improve supply planning, channel management, manufacturing, distribution, warehousing, procurement and customer service performance, as well as regulatory compliance. Hintlian also led several innovation initiatives, including the groundbreaking pharmaceutical Electronic Product Code (EPC) and ePedigree industry program, which implemented RFID (radio frequency identification) technology across the manufacturer/wholesaler/retail pharmacy supply chain to support anti-counterfeiting programs. Prior to Accenture, Jamie worked in product management at Data General where he was responsible for the entire integrated small business systems products. Hintlian holds an MBA and Master of Engineering in Operations Research and Industrial Engineering from Cornell University.

Organization Position Status
Aspentech, Ltd. Vice President and General Manager, Pharmaceuticals Current
Datagen Former

Steve Pringle joined AspenTech in 1996 and serves as Senior Vice President, Global Consulting Services. He was most recently Senior Vice President, Products, after serving in previous roles at AspenTech as Vice President, Manufacturing/Supply Chain; Senior Vice President, Enterprise Solutions Software Development; and Vice President, Consulting Services. During his earlier career, Pringle acquired extensive experience in the process industry software business, initially with Duke Energy (formerly Texas Eastern Corp.), and subsequently with Bethany International, and Scientific Software-Intercomp (SSI). In 1990, he founded and led as President Kinesix Corp., a division of SSI, until he joined AspenTech. Pringle holds both MSc and BS degrees from Louisiana Tech.

Organization Position Status
Global Consulting Services, Inc. Senior Vice President Current
Aspen Technology, Inc. Senior Vice President Products and Customer Support Current
Aspentech, Ltd. Vice President, Manufacturing Current
Kinesix Corporation President Former
Duke Energy Corporation Former
Louisiana Tech University Msc and Bs Degrees Former

David McKenna is a partner at Advent International, a global private equity firm. His work at Advent includes retail and distribution sector transactions and for two years McKenna headed the Hong Kong office, where he focused on buyouts in Greater China and Southeast Asia. In addition, McKenna has co-led or participated in a number of Advent investments, including Boart Longyear, Keystone Automotive Operations Inc., Li & Fung (Distribution) Ltd., Inframetrics Inc., Tweeter Home Entertainment Group Inc., Moulin International Holdings Ltd. and Creative Multimedia Corp. David McKenna's private equity experience also includes three years as a senior dealmaker with Bain Capital, working on large buyouts in the industrial, retail and consumer sectors. McKenna began his career as a consultant with The Monitor Group, a leading strategy consulting firm. He graduated cum laude with an AB from Dartmouth College.

Organization Position Status
Advent International Corporation Partner Current
Aspentech, Ltd. Partner at Advent International Current
Moulin International Holdings Limited Current
Tweeter Home Entertainment Group, Inc. Current
The Aspentech Executive Forum Board of Directors Current
Aspentech, Ltd. Board of Directors Current
Monitor Group Consultant Former
Bain Capital, LLC senior dealmaker Former
Advent Inc. Former
Dartmouth College Ab Former

Organization Position Status
Advent International Corporation Partner Current
Aspentech, Ltd. Current
Aspen Technology, Inc. Board of Directors Current
BondDesk Group LLC Board of Directors Current
Coopers & Lybrand, L.L.P. Former
Long Term Care Group Inc. Former
PricewaterhouseCoopers Former
Contact East Inc. Former
RedPrairie Inc. Former
Island Ecn Former
Americus Dental Labs, Inc. Former
GFI Group Inc. Board of Directors Former
Amherst College BA in economics and Spanish Former

Organization Position Status
Aspentech, Ltd. Current

Organization Position Status
The Aspentech Executive Forum Chair Current
Aspentech, Ltd. Chair Current
Aspentech, Ltd. Board of Directors Current
Aspen Technology, Inc. Board of Directors Current
Ounce Labs, Inc. Board of Directors Current
Peerapp Inc Board of Directors Current
Mazu Networks, Inc. CEO Former
Wang Global President Former
Exodus Communications President Former
Exodus Communications Chief Operating Officer Former
Wang Global Chief Technology Officer Former
International Business Machines Corporation Vice President of Communication Hardware and Software Former
Apple Inc. Vice President of Networking and Multimedia Former
Lotus Development Corporation Vice President Former
Wang Laboratories Former
Mazu Networks, Inc. Chairman Former
St. Francis College BS Degree Former

Gary Haroian has served on the Network Engines board of directors since June 2003. He also works as a consultant and advisor to technology companies. Most recently, Gary served as chief financial officer, chief operating officer and interim chief executive officer at Bowstreet Software. Previously, he served as senior vice president of finance and administration and chief financial officer at Concord Communications Inc. and held executive positions at Stratus Technologies Inc. Gary also serves as director for Aspen Technology, Inc. and Silverback Technologies, Inc.

Organization Position Status
NEI Private Investor and Industry Consultant Current
Aspen Technology, Inc. Consultant Current
Authorize.Net Corporation Chairman of the Audit Committee, Member of the Compensation Committee Current
Aspentech, Ltd. Chair Current
The Aspentech Executive Forum Chair Current
Aspen Technology, Inc. Board of Directors Current
Embarcadero Technologies, Inc. Board of Directors Current
Recherche Clinique Director Current
NEI Director Current
A123SYSTEMS Board of Directors Current
Unica Corporation Director Current
Silverback Technologies, Inc. Outside Board Member Current
Lightbridge, Inc. Board of Directors Current
Bio-IT World, Inc. Director Current
Phase Forward Incorporated Board of Directors Current
Cambridge Bio Collabrative Inc. Director Current
Whitman Consulting Group, Inc. Director Current
Aspentech, Ltd. Board of Directors Current
Clarix Ivrs and Edc Director Current
Chen Pr, Inc. Director Current
Stratus Computer, Inc. CEO Former
Bowstreet, Inc. CEO Former
Stratus Computer, Inc. President Former
Concord Communications, Inc. Chief Financial Officer Former
Stratus Computer, Inc. Cfo Former
Concord Communications, Inc. Senior Vice President of Finance and Administration Former
NEI Audit Committee Chairman Former
Stratus Technologies, Inc. Director Former
Aspen Technology, Inc. member Former

Stephen M. Jennings is a partner and director of the Monitor Group where he has managed domestic and international projects and relationships in a wide variety of industries, ranging from pharmaceuticals and financial services to consumer goods manufacturing and primary metals. He has also done considerable work in the area of corporate strategy and the enhancement of shareholder value. Steve is a member of Monitor's Office of the Chairman and of the Consulting Group's Global Operating Executive with specific responsibilities for North American operations. Steve is an investor in New Profit, Inc. and has been actively involved in New Profit activities over the years. In addition to advising the Institute on its next phase, Steve is partnering closely with the Institute on the development and application of approaches to address the role that corporations play in creating social benefit.

Organization Position Status
Monitor Institute Partner and Director Current
Aspen Technology, Inc. Monitor Current
Aspen Technology, Inc. Chairman of The Board Current
The Aspentech Executive Forum Chairman Current
Aspentech, Ltd. Chairman Current
Monitor Institute Board of Directors Current
Aspen Technology, Inc. Board of Directors Current
Monitor Group Director Current
Ltx-Credence Corporation Board of Directors Current
LTX Corporation Board of Directors Current
Aspentech, Ltd. Board of Directors Current
Ltx-Credence Corporation Elected A Director Former
The Monitor Director Former
New Profit, Inc. Investor Former
University of Oxford M.A. Oxon Former
Dartmouth College Undergraduate, Economics Former
LTX Corporation member Former
Monitor Group member Former

Joan C. McArdle is a Senior Vice President with Massachusetts Capital Resource Company (MCRC), a private investment company which makes mezzanine investments in emerging growth and middle market companies. Prior to joining MCRC in 1985, Ms. McArdle was employed by the First National Bank of Boston in a variety of capacities, leaving the firm as a Vice President in the Large Corporate/Multinational Group. In addition to her membership on the Board of Directors for Aspen Technology, Inc., she currently serves on the Board of Directors for a number of private companies, and is a member of the Board of Governors of New England Medical Center. Ms. McArdle received an AB degree in English from Smith College.

Organization Position Status
New England Medical Center Board of Directors Current
Aspentech, Ltd. Board of Directors Current
The Aspentech Executive Forum Board of Directors Current
First National Bank of Boston Vice President Former
McRc Former
Aspen Technology, Inc. Board of Directors Former
Smith College Ab Degree In English Former
New England Medical Center member Former

Organization Position Status
Procuri, Inc. Partner, Advent International Current
Openservice, Inc. Partner, Advent International Current
Ultimus Emea Partners Partner, Advent International Current
Advent International Corporation Partner, Boston Current
Advent Inc. Current
First Hop Ltd Board of Directors Current
Aspentech, Ltd. Board of Directors Current
Procuri, Inc. Board of Directors Current
The Aspentech Executive Forum Board of Directors Current
Airwide Solutions, Inc Board of Directors Current
MTI Technology Corporation Board of Directors Current
Openservice, Inc. Board Member Current
Ultimus Emea Partners Board of Directors Current
Demantra, Inc. Board Member Current
Ultimus, Inc. Board of Directors Current
RedPrairie Inc. Board Member Current
Aspen Technology, Inc. Board of Directors Current
Razorfish President Former
Razorfish Coo Former
SAP Americas Team Member Former
Ernst & Young Former
Deloitte & Touche Consulting Group Former
Razorfish Board Member Former
Documentum, Inc. Board Member Former
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