Engineering Simulation Software Provider Recognized as One of World's Largest Software CompaniesPITTSBURGH, Oct. 10, 2011 — (PRNewswire) — ANSYS, Inc. (NASDAQ: ANSS), a global provider of Simulation-Driven Product Development™, today announced that it has been named in Software magazine's listing of the world's largest software and services suppliers for the fifth year running. This year's Software 500 index positioned ANSYS at 107th place in recognition of 2010 revenues of $580.2 million.
The Software 500 is a revenue-based ranking of the world's 500 largest software and services organizations. This year's version is based on figures for total worldwide software and services revenues for the calendar year 2010, or closest fiscal year ending in 2010. Designed to assist software buyers, investors and stakeholders in their decisions, the index includes revenues from software licenses, maintenance and support, training and software-related services and consulting.
"We are immensely honored to be recognized in Software magazine's Software 500 list for the fifth year running, especially in such a volatile economic environment," said Jim Cashman, ANSYS president and CEO. "At a time when overall product integrity is emerging as an executive-level initiative, our steady growth is testament that organizations in a wide range of industries are strategically applying ANSYS engineering simulation software to deliver competitive product advantages."
About ANSYS, Inc.
ANSYS brings clarity and insight to customers' most complex design challenges through fast, accurate and reliable engineering simulation. Our technology enables organizations -- no matter their industry -- to predict with confidence that their products will thrive in the real world. Customers trust our software to help ensure product integrity and drive business success through innovation. Founded in 1970, ANSYS employs more than 2,000 professionals, many of them expert in engineering fields such as finite element analysis, computational fluid dynamics, electronics and electromagnetics, and design optimization. Headquartered south of Pittsburgh, U.S.A., ANSYS has more than 60 strategic sales locations throughout the world with a network of channel partners in 40+ countries. Visit www.ansys.com for more information.
SOURCE ANSYS, Inc.