Nobiskrug Signs Agreement to Implement AVEVA Marine


HAMBURG, Germany, October 23 /PRNewswire/ --     AVEVA (LSE:AVV), the leading supplier of engineering IT systems for the
plant and marine industries today announced that the world-renowned Nobiskrug
shipyard in Rendsburg, Germany, has recently signed a contract to implement
AVEVA Marine at the shipyard.

Nobiskrug shipyard, one of the leading builders of megayachts, has for
many years been using production data supplied by subcontractors using AVEVA
software but with this latest software purchase now has the opportunity not
only to make last minute modifications to data delivered by suppliers but
also to actively participate in the development of the structural steel data.

Nobiskrug changed hands in 2008 and is now owned by Eagle River
Deutschland GmbH, a 100% subsidiary of Eagle River Capital Ltd. based in
Guernsey. With 420 employees and an annual turnover in excess of EUR 100M the
shipyard specialises in the construction of luxury superyachts from 60-100
metres length, as well as in refits, repairs and conversions. After
delivering the megayachts M/Y Tatoosh, M/Y Triple Seven and M/Y Siren,
Nobiskrug is today well established amongst the leaders in the marketplace.

Jens Baake, Head of Design Department at Nobiskrug said: "With this
purchase of AVEVA Marine software we have greatly increased our flexibility
in the handling of design and production data and opened up a number of
opportunities that previously did not exist. We see this implementation as
just the first step in a much longer process."

Originally founded in 1905 in close proximity to the Nord-Ostsee-Kanal
(or the Kiel Canal, then known as the Kaiser-Wilhelm-Kanal) the shipyard can
reflect on a long and varied history. Early newbuildings were in fact often
intended for use on the canal. However by the early 1980's the shipyard had
1,400 employees and was building oceangoing vessels such as ferries and
containerships.

It was also around this time that Nobiskrug shipyard became the first
German user of Steerbear, a shipbuilding system developed by Kockums
shipyard. Steerbear was the forerunner of the Tribon system, now integrated
into AVEVA Marine.

Hans van der Drift, Vice President Central and Eastern Europe, AVEVA
said:

"AVEVA is very proud to welcome Nobiskrug back into the rapidly growing
family of AVEVA users, not only as the newest member of this family but also
as our very oldest German customer."

Additional information:
    Alexander Brand
    AVEVA GmbH
    Tel: +49-173-669-04-62
    Alexander.brand@aveva.com
    http://www.aveva.com

    http://www.nobiskrug.com

© PR Newswire Association LLC.

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