MDR McDermott International Inc

HOUSTON, June 5 /PRNewswire/ -- AVEVA Group plc (LSE:AVV), today announced that J. Ray McDermott (J. RAY), a leading worldwide marine solutions company, has selected its VANTAGE(R) Project Resource Management (VPRM) to streamline global procurement and materials management processes for its engineering projects. Project management and procurement of engineering projects is one of J. RAY's primary areas of expertise. Already a user of AVEVA's PDMS and VNET solutions for design, engineering, and project collaboration, J. RAY selected AVEVA's VPRM after a year of in-depth technical evaluation of various material management solutions. J. RAY will initially deploy VPRM to manage multiple projects, utilizing project team members located in both their Houston and Dubai offices. Commented Skip Lee, J. RAY's Director of Procurement: "J. Ray McDermott has successfully delivered many projects utilizing AVEVA technology. Most recently, our Dubai office has deployed and achieved tremendous productivity gains utilizing AVEVA's VNET information management portal. We are confident in AVEVA's technology, and in the capabilities of VPRM to help us deliver a standard of global project execution excellence that our clients expect from J. RAY." "J. Ray McDermott's installation will result in the largest VPRM deployment to date," commented Matthew McKinley, Executive Vice President for AVEVA. "J. RAY's continuing investment in AVEVA technology demonstrates the strength of both our technology, and our commitment to customer service. J. RAY's reputation as an innovator is well-deserved, and AVEVA is proud to play a part in that reputation." About J. Ray McDermott J. Ray McDermott, S.A. is a subsidiary of McDermott International Inc., (NYSE:MDR) a leading worldwide energy services company. McDermott's subsidiaries provide engineering, fabrication, installation, procurement, research, manufacturing, environmental systems, project management and facilities management services to a variety of customers in the power and energy industries, including the U.S. Department of Energy. About AVEVA Group plc 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, power, chemical, pharmaceutical and shipbuilding industries. The Group reported pre-tax profits for the year ended March 2006 of GBP 11 million on revenues of GBP 66 million. About VANTAGE Project Resource Management An integrated solution targeted at project execution, VPRM provides effective management of materials, documents, progress and costs throughout all phases of a project from inception to client handover. DATASOURCE: AVEVA Group plc CONTACT: Becky Stevens, PR Contact of AVEVA Group plc, +1-713-977-1225, or Web site: http://www.aveva.com/

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