ANSYS Named to Forbes 200 Best Small Companies List
SOUTHPOINTE, Pa., Oct 29, 2009 (BUSINESS WIRE) -- ANSYS, Inc. (NASDAQ: ANSS), a global innovator of simulation software and technologies designed to optimize product development processes, today announced that it has been included on the Forbes 200 Best Small Companies in America list, ranking 85th. This is the seventh time that ANSYS has made the list over the past nine years.
The list comprises financially solid small-cap businesses that have annual revenues between $5 million and $750 million, have traded publicly for at least a year and are priced over $5. Rankings are based on earnings and sales growth, along with return on equity in the past 12 months and over five years. Stock performance of each company was compared with that of its peers.
\"It is an honor to once again be named to the Forbes list, a ranking that reflects our company\'s achievement of consistent growth. It also reinforces that our Simulation Driven Product Development(TM) vision and strategy are on the right track,\" said Jim Cashman, president and CEO at ANSYS, Inc. \"In particular, our success over the past year demonstrates that, even in hard times, customers understand the value that ANSYS brings in pushing the boundaries of product innovation.\"
Forbes is the nation\'s leading business magazine, with a North American circulation of more than 900,000. Forbes, Forbes Asia, and the company\'s eight local-language editions, together reach a worldwide audience of over five million readers. Since 1917, Forbes\' mission has been to provide access to information and insights that ensure its readers\' success.
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 60 strategic sales locations throughout the world, ANSYS, Inc. and its subsidiaries employ over 1,600 people and distribute ANSYS products through a network of channel partners in over 40 countries. Visit www.ansys.com for more information.
ANSYS, ANSYS Workbench, Ansoft, AUTODYN, CFX, FLUENT, and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.
SOURCE: ANSYS, Inc.
Media: Kelly Wall, 724-514-3076
Investors: Annette Arribas, 724-514-1782
Copyright Business Wire 2009
Date: October 29, 2009