ANSYS 2nd on Baseline's Fastest Growing List
 SOUTHPOINTE,
Pennsylvania, August 9, 2007 - ANSYS, Inc. (Nasdaq: ANSS), a global innovator
of simulation software and technologies designed to optimize product
development processes, today announced that it is the second-ranked company
on Baseline magazine's list of 40 Fastest-Growing Software Companies. ANSYS
was the only computer-aided engineering (CAE) software company that made the
list.
According to the Baseline report, the median revenue growth among all 49
qualifying companies was 13 percent. In 2006, aided by the Fluent Inc.
acquisition, ANSYS revenue jumped more than 66 percent. The Baseline report
also indicated that the biggest public software companies are increasingly
relying on acquisitions for growth. "Some established companies regard their
acquisitions as another way of doing R&D of continuing to offer innovative
products to a customer base that may be happy to consolidate vendors but
doesn't want the pipeline of new ideas to dry up," the report noted.
"We are pleased to be named as one of the top Fastest-Growing Software
Companies as well as the only CAE company on Baseline's list," said Jim
Cashman, president and chief executive officer at ANSYS, Inc. "This
recognition is a testament to our industry leadership and an illustration of
our strategy in action. Our 2006 record revenue results are indicative of
solid growth within our core business complemented by the positive impact of
the Fluent acquisition, which enabled the Company to gain scale that
dramatically enhanced our overall product and service portfolio as well as
our global reach. In addition to growing our business substantially over the
past few years, we remain committed to invest in the future of the Company,
further strengthening our ability to deliver the industry's most
comprehensive and advanced simulation solutions."
Baseline's survey amounts to a health check on the enterprise software
industry. The magazine (www.baselinemag.com)
is a practical guide to costing and managing the deployment of leading-edge
information technology. Case studies and other articles discuss how the
success -- or failure -- of technology implementation is measured by a
company's actual progress against "baseline" expectations of financial
returns and technology deliverables.
About ANSYS, Inc.
ANSYS, Inc., founded in 1970, develops and globally markets engineering
simulation software and technologies widely used by engineers and designers
across a broad spectrum of industries. The Company focuses on the
development of open and flexible solutions that enable users to analyze
designs directly on the desktop, providing a common platform for fast,
efficient and cost-conscious product development, from design concept to
final-stage testing and validation. The Company and its global network of
channel partners provide sales, support and training for customers.
Headquartered in Canonsburg, Pennsylvania, U.S.A., with more than 40
strategic sales locations throughout the world, ANSYS, Inc. and its
subsidiaries employ approximately 1,400 people and distribute ANSYS products
through a network of channel partners in over 40 countries. Visit
www.ansys.com for more information.
--------
If news like this is important to you, sign up for our TenLinks Daily at http://www.tenlinks.com/NEWS/sub_unsub.htm.
Related News
Jan 17 - ANSYS Q4 Conference Call Feb 21, 10:30AM ET
Jan 2 - ANSYS CEO to Present at Needham Conference
Dec 4 - ANSYS Announces Distribution Extension with LSTC
Nov 13 - ANSYS Named to Forbes 200 List
Nov 2 - ANSYS Supports BMW Sauber F1 Team
Oct 24 - ANSYS Announces SINDA/G Thermal Analyzer Plug In
Oct 23 - ANSYS Named in Software Magazine's 500 List
Oct 12 - Korea's SHI Selects ANSYS for Tankers, Vessels
Oct 11 - ANSYS Q3 Conference Call Nov 1, 10:30AM ET
Aug 29 - ANSYS CEO to Host at Kaufman Bros. Conference, NY Sep 5
Aug 9 - ANSYS 2nd on Baseline's Fastest Growing List
Aug 8 - ANSYS Releases Airpak v3.0 for Airflow Modeling
Aug 7 - Australia's Tenix Pty Standardizes on ANSYS
Aug 6 - ITER Selects ANSYS for Nuclear Fusion Facility Design
Aug 2 - ANSYS Reports Record Q2 Revenue $92M, with $18M Profit
Jul 12 - ANSYS Changes Q2 Earnings Call to Aug 2 10.30AM ET
Jun 13 - ANSYS to Present at NASDAQ 19th Investor Program in London
May 22 - Michael Thurk Named to ANSYS Board of Directors
May 15 - ANSYS in Baseline Mag's Top R&D Spenders List
May 3 - ANSYS Reports Record Q1 Revenue $88M, with $16M Profit
Apr 24 - ANSYS CEO Gets Diamond Award from Pittsburgh Business Times
Apr 12 - ANSYS Q1 Earnings Call May 3 10:30AM Eastern
Apr 11 - ANSYS Releases v3.0 of FLUENT for CATIA V5
Mar 29 - ANSYS Ships POLYFLOW 3.11 for Polymer Processing
Mar 22 - ANSYS BladeModeler Integrates with PCA Vista CCD, CPD
Mar 13 - ANSYS Annual Meeting of Stockholders May 16 2PM
Mar 6 - ANSYS Releases Icemax v3.0 for IC Package Design
Feb 26 - ANSYS Announces Simulation Solution v11.0
Feb 20 - ANSYS Reports Record Q4 Revenue $85M, FY06 Revenue $263.6M
Jan 19 - ANSYS to Release Q4 Earnings Feb 20, 2007
Jan 03 - ANSYS CEO to Attend 9th Annual Needham Growth Conference
Source: Material used in press releases is often supplied by external
sources and used as is.
|
