ANSYS Takes Spot on Fortune Small Business Annual 'Fastest-Growing'

ANSYS, a global innovator of simulation software and technologies designed to optimize product development processes, today announced it has ranked for the second consecutive year in the FORTUNE Small Business magazine's fifth annual list of the "100 Fastest-Growing Small Companies." Ranking number 90, ANSYS is the only computer-aided engineering company and one of eight Pennsylvania-based organizations to make the list. "It takes a combination of talented people working in collaboration - including our customers, employees and partners - to nurture a successful, financially solid, international company," said Jim Cashman, president and CEO at ANSYS, Inc. "It is a great privilege to be included in the annual FORTUNE Small Business list. As a team, we've cultivated ANSYS to where it is today by achieving substantial milestones along the journey, but our greater destination lies ahead." To compile the list, FORTUNE Small Business asked financial research firm Zacks to screen annual reports for public companies with annual revenue of less than $200 million and a stock price of more than $1. Within that group, companies were ranked based on the past three years' earnings growth, revenue growth, and stock performance. The list of 100 Fastest-Growing Small Companies will be featured in the July/August issue of FORTUNE Small Business available on newsstands July 4 and at its Web site.