Magazine Ranks ANSYS as one of the World's Largest Software Companies
SOUTHPOINTE, Pa., Oct. 23 /CNW/ - ANSYS, Inc. (Nasdaq: ANSS), a global
innovator of simulation software and technologies designed to optimize product
development processes, today announced its inclusion on Software Magazine's
2007 Software 500 ranking of the world's largest software and service
providers. ANSYS was ranked 122 internationally, with software revenue of
$263.6 million. This is the first time that ANSYS has made the list, which is
marking its 25th year.
The Software 500 is a revenue-based ranking of the world's largest
software and services suppliers targeting medium to large enterprises, IT
professionals, software developers and business managers who are involved in
software and services purchasing. The magazine cited ANSYS as being
"impressive in this revenue range [$100 million to $1 billion] ... with
growth of 67 percent for the engineering simulation products provider." The
article stated that the average overall growth of all companies making the
list was 3.5 percent over last year.
"The 2007 Software 500 results show that growth in the software and
services industry was healthy from 2006 to 2007. The industry continues to be
dynamic with more than 98 new companies on the list this year for the first
time," said John P. Desmond, editor of Software Magazine and Softwaremag.com.
"The Software 500 helps CIOs, senior IT managers and IT staff research and
create the short list of business partners. It is a quick reference of vendor
viability. That is content of value."
"ANSYS has grown consistently and substantially over more than 35 years
since its inception," said Jim Cashman, president and CEO of ANSYS, Inc. "We
are honored to be recognized this year by the Software 500 list, which
confirms our solid presence in the global software industry. In addition to
growing our business, we remain committed to invest in the future of the
Company, further strengthening our ability to deliver the most comprehensive
and advanced engineering simulation solutions."
The Software 500 ranking is based on total worldwide software and
services revenue for 2006. This includes revenues from software licenses,
maintenance and support, training and software-related services and
consulting. Suppliers are not ranked on their total corporate revenue, since
many have other lines of business, such as hardware. The financial
information was gathered by a survey prepared by King Content Co. and posted
at http://www.Softwaremag.com, as well as from public documents.
About Digital Software Magazine, the Software Decision Journal, and
Digital Software Magazine, the Software Decision Journal, has been a
brand name in the high-tech industry for nearly 30 years. Softwaremag.com,
its Web counterpart, is the online catalog to enterprise software and the home
of the Software 500 ranking of the world's largest software and services
companies, now in its 25th year. Software Magazine and Softwaremag.com are
owned and operated by King Content Co.
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 http://www.ansys.com for more
ANSYS, ANSYS Workbench, 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.
For further information:
For further information: Media, Kelly Wall of ANSYS, Inc.,
+1-724-514-3076, firstname.lastname@example.org; or Investors, Maria Shields,
+1-724-514-3077, email@example.com, both of ANSYS, Inc.; Web Site: