BusinessWeek Ranks Ansoft Among 100 Hot Growth Companies.PITTSBURGH -- BusinessWeek ranked Ansoft Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ANST ANST Association of Neuropsychology Students in Training ANST After Negative Skin Test ) 46th on its annual Hot Growth list of America's 100 fastest-growing small companies. Ansoft's "top-flight R&D department is working hard to keep the company's growth on a strong upward curve," writes Arlene Weintraub, science editor for BusinessWeek in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Many of the 100 Hot Growth companies "have carved out niches that no one else was smart enough to spot or quick enough to pounce on," she writes. "Together, they're a powerful economic force." After analyzing data from 5,275 public companies, BusinessWeek selected the top 100 finalists whose sales, earnings and return on capital grew the fastest over three years. Ansoft has averaged 136% growth in annual profits since 2002. "We're honored that BusinessWeek included Ansoft in this prestigious list of the most successful small companies in America," said Nicholas Csendes, Ansoft's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Our innovative simulation software Simulation software is based on the process of imitating a real phenomenon with a set of mathematical formulas. It is, essentially, a program that allows the user to observe an operation through simulation without actually running the program. is the driving force behind the design of many of the world's preeminent high-performance electronic products and we look forward to another exciting year of delivering this competitive advantage to our customers and creating value for our shareholders." To learn more about the 100 Hot Growth companies visit www.businessweek.com/hot_growth/2006 or the print edition of BusinessWeek dated June 5, 2006. About BusinessWeek BusinessWeek is a global source of actionable insight for 4.7 million success-minded professionals. Since 1929, readers have trusted BusinessWeek for deeper understanding of the trends that drive growth, how technology creates opportunities and what best practices keep them ahead of the competition. Delivered in print or digitally before it hits newsstands, BusinessWeek offers the international business community a competitive advantage with timely, relevant and in-depth coverage of the news that matters to them. To learn more, visit www.businessweek.com. About Ansoft Ansoft is a leading developer of high-performance electronic design automation (EDA (1) (Electronic Design Automation) Using the computer to design, lay out, verify and simulate the performance of electronic circuits on a chip or printed circuit board. ) software. Engineers use Ansoft software to design state-of-the-art electronic products, such as cellular phones, Internet-access devices, broadband networking components and systems, integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. (ICs), printed circuit boards (PCBs), automotive electronic systems and power electronics. Ansoft markets its products worldwide through its own direct sales force and has comprehensive customer-support and training offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Asia and Europe. For more information, please visit www.ansoft.com. |
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