BusinessWeek annually evaluates organizations based on sales growth, earnings growth and return on invested capital. Previously number 55 on the list, ANSYS Inc. moved up to 48. CNN Money's "Fabulous 40" tracks the shares of technology stocks since the close of trading on March 10, 2000 and recognizes those whose stock is trading at a higher price as of May 27, 2003, than they were on the Nasdaq's peak of March 10, 2000. The article is available at http://money.cnn.com/pf/features/lists/technology_stocks/.
"It all stems from our dedication to providing customers with the broad range of simulation software tools they deem critical for ensuring they are ahead of their competition and stay ahead," said Jim Cashman, president and CEO, ANSYS Inc. "ANSYS' response to our customers' evolving engineering needs results in innovative, superior-quality products and leads to savings in time, costs and productivity. ANSYS software positively affects their business, which in turn is reflected in our continued solid financial performance. This type of recognition would not be possible without the loyalty of our customers, or the dedication of our employees and our channel partners, to provide the most comprehensive computer-aided engineering solutions available."
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. Headquartered in Canonsburg, Pennsylvania U.S.A. with more than 18 strategic sales locations throughout the world, ANSYS Inc. employs more than 600 people and distributes its ANSYS(R), DesignSpace(R), AI*NASTRAN(TM), ICEM-CFD Engineering and CFX(R) products through a network of channel partners in 37 countries. Visit http://www.ansys.com/ for more information.
Note to editors: ANSYS, DesignSpace, ANSYS DesignModeler, ANSYS DesignXplorer VT, ANSYS ProFEA, ANSYS Emax, ANSYS Emag, ANSYS eNotebook, Workbench Environment, CFX, AI*Environment and CADOE S.A. are registered trademarks or trademarks of subsidiaries of ANSYS, Inc. located in the United States or other countries. NASTRAN is a registered trademark of the National Aeronautics Space Administration. All other trademarks and registered trademarks are the property of their respective owners.
Web site: http://www.ansys.com/