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Software & CAD

Ansoft Ranked Among 200 Best Small Companies by Forbes

October 22, 2007
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PITTSBURGH--(BUSINESS WIRE)--Oct. 22, 2007--Forbes Inc. ranked Ansoft Corporation (NASDAQ:ANST) 34th on its annual listing of 200 Best Small Companies in America. Ansoft moved up from last year's ranking of 82 with another year of strong financial performance. "Our 200 Best Small Companies in America must pass through a gauntlet to qualify for the list. We judged candidates--all with revenues between $5 million and $750 million and share prices above $5 as of Oct. 1--according to return on equity, as well as sustained sales and net profit growth over 12-month and five-year periods," writes Forbes. "It is an honor to be recognized by Forbes as one of the 200 best small companies in America," said Nicholas Csendes, Ansoft's president and CEO. "The exploding demand for more functional and higher-performing electronics products that are smaller and more portable is providing Ansoft with outstanding opportunities for growth well into the future. Our software technology allows engineers to make the right design decisions and thus lower costs, deliver to market faster and achieve a significant advantage over the competition." To learn more about the Forbes 200 Best Small Companies, visit: www.forbes.com/2007/10/11/best-small-companies-biz-07200best-cx_jg_cs_1011smallintro.html (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) or see the print edition of Forbes dated October 29, 2007.

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