Aspen Systems’ excellence in the development of advanced materials has resulted in the prestigious 1999 SBIR (Small Business Innovative Research) Technology of the Year Award in Manufacturing and Materials. The award was presented to Aspen Systems during the Tech East 99 Conference in Miami. The award is given to those SBIR technologies that make an exceptional impact on “the improvement of everyday life and the betterment of mankind”. The award was made to Dr. Kang P. Lee, President, Chairman, and company founder.