Exhibit 99.9
ASPEN TECHNOLOGY, INC.
CONFERENCE CALL REGARDING
BALANCE SHEET STRENGTHENING
6/02/03
SAFE HARBOR STATEMENT
Some of the information and comments in this presentation may contain
forward-looking statements that involve a number of risks and uncertainties.
Important factors that could cause actual results to differ materially from
those indicated by such forward-looking statements include the risks set forth
under the caption "Risk Factors" in our 10K, 10Q and 8-K filed with the SEC.
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SOURCES AND USES ($ MILLIONS)
<Table>
<Caption>
Sources Uses
- ------------------------------------- -------------------------------------
Series D Pfd. (new $ in) $100.0 Conv. Sub Debs $ 45.0*
Series B Pfd. (Cash) 30.0
Fees/Expenses (est.) 10.0
Working Capital 15.0
- ------------------------------------- -------------------------------------
Total Sources $100.0 Total Uses $100.0
</Table>
o IN ADDITION, $21 MM OF SERIES D PREFERRED STOCK WILL BE EXCHANGED FOR
$21 MM OF SERIES B PREFERRED STOCK. THE PREFERRED B STOCK WILL BE FULLY
RETIRED.
* The company's projections for its use of capital represents an expected use
of funds, but actual allocation may differ. The company expects to use up to,
but no more than $45.5 million for the re-purchase of convertible bonds. The
bonds will be re-purchased at prices that are attractive to the company.
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IMPACT OF PROPOSED RESTRUCTURING
o Removes customer and investor obstacles
o Eliminates near-term liquidity risk, potentially onerous conditions
o Dilutes common shareholders in the short-term
o Paves way forward for appreciation in value
o Enables management to focus on strategy and execution
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KEY TERMS: SERIES D PREFERRED SHARES
o Convert. at $3.33/share
o 8% dividend, accrued
o Payable in cash or stock at AZPN's option
o Company can elect to accrue dividends through redemption/conversion
o 7.3 million warrants at $3.33/share
o 50% redeemable by holders 2009 & 2010
o Redeemable by AZPN in 2006 if shares trade above $7.60 (45 days)
o Standard anti-dilution, reg. rights, etc.
o Advent appoints up to 4 of 9 directors (2 Advent Partners, 2 Independent)
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ANTICIPATED TIMING
o File proxy (mid June)
o Mail proxy (late June/early July)
o Meetings w/investors, webcast (July)
o Q4 results & shareholder vote (August)
o Closing
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WHAT WE'RE NOT CHANGING!
o Drive for attractive growth, profitability
o Commitment to customers
o Solution focus, market leadership
o Product excellence, quality reputation
o Game plan, loyal employees, executive team
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THE WAY FORWARD
o Eliminates balance sheet uncertainties
o Removes obstacles for customers, investors
o Prevents potentially onerous conditions
o Improves cash flow
o Reveals true underlying equity value
o Refocuses management energy on execution
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