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ANST Ansoft Corp (MM)

35.71
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ansoft Corp (MM) NASDAQ:ANST NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 35.71 0 01:00:00

BusinessWeek Ranks Ansoft Among 100 Hot Growth Companies

01/06/2006 4:20pm

Business Wire


Ansoft (NASDAQ:ANST)
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BusinessWeek ranked Ansoft Corporation (NASDAQ:ANST) 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. 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. "Our innovative simulation software 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) 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 (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, Asia and Europe. For more information, please visit www.ansoft.com.

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