ANSYS Added to S&P MidCap 400

SOUTHPOINTE, Pa.—(BUSINESS WIRE)—August 19, 2008— ANSYS, Inc. (NASDAQ: ANSS), a global innovator of simulation software and technologies designed to optimize product development processes, today announced that it has been added to the Standard & Poors MidCap 400 Index. The index is a U.S. market capitalization-weighted benchmark index made up of 400 securities with market values between $200 million and $5 billion. ANSYS formerly was listed on the Standard & Poors SmallCap 600 Index.

Due to the growth we have experienced over the last few years along with the additional shares being issued for the recent acquisition of Ansoft, ANSYS is now large enough to meet the MidCap 400 Index thresholds, said Jim Cashman, president and CEO of ANSYS, Inc. It is incredibly exciting to see our company grow in our quest to put engineering simulation tools in the hands of every engineer.

The Standard & Poors MidCap 400 Index is the most widely followed of all U.S. midcap stock market indices. It contains solid firms with good track records and historically has outperformed its larger sibling, the widely quoted S&P 500.

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 approximately 1,700 people and distribute ANSYS products through a network of channel partners in over 40 countries. Visit www.ansys.com for more information.



Contact:

ANSYS, Inc.
Investors:
Annette Arribas, 724-514-1782
Email Contact
or
Media:
Kelly Wall, 724-514-3076
Email Contact




Review Article Be the first to review this article

Harris

Featured Video
Jobs
Geospatial Analyst/Programmer for LANDIQ at Sacramento, California
Product Manager for CHA Consulting, Inc. at Boston, Massachusetts
Software Developer for CHA Consulting, Inc. at Norwell, Massachusetts
Senior Structural Engineer for Wiss,Janney, Estner Assoicates, Inc at houston, Texas
System Designer/Engineer for Bluewater at Southfield, Michigan
BIM Manager for Eagle Point Software Corporation at Dubuque, Iowa
Upcoming Events
GEOINT 2018 Symposium at 333 S Franklin St Tampa FL - Apr 22 - 25, 2018
GITA Pacific Northwest Annual Conference at Mukilteo WA - Apr 23 - 24, 2018
FME World Tour 2018 at Frankfurt Germany - Apr 24, 2018
GENEQ
Canon: oce crystalPoint
Teledyne Optech
Teledyne:



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise