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CANONSBURG, Pa. -- ANSYS Inc., a global innovator of simulation software and technologies designed to optimize product development processes, today announced that Jim Cashman, president and chief executive officer of ANSYS Inc., has been named CEO of the Year by the Pittsburgh Technology Council. ANSYS also was named to the Council's Sixth Annual Technology 50 list of the most successful companies in the region. Companies are listed in five industry categories, and those that are named to the list demonstrate success in five key areas: advancement in product development or sales success; financial strength; corporate citizenship; job growth/retention; and innovation. ANSYS was recognized in the Information Technology category at a ceremony on Thursday, Sept. 26, 2002 at the Carnegie Museum in Pittsburgh, Pennsylvania. The Technology Council award to ANSYS comes on the heels of the company's listing in the Business 2.0 Top 100 list, announced just two weeks ago. "The Pittsburgh Technology 50 is a celebration of regional innovation and entrepreneurial successes, and it shines a spotlight on those leading the charge," said Steven G. Zylstra, president and CEO of the Pittsburgh Technology Council. "Jim Cashman embodies the types of attributes we were looking for in a CEO of the Year, particularly as it related to the quality of his leadership, his ethical standards, his focus on team-building and other characteristics that make a great leader." "The Council's recognition endorses the ANSYS team's talent for implementing unique business strategies while offering best-in-class technology solutions that make our customers successful," said Jim Cashman, president and chief executive officer of ANSYS Inc. "We applaud the Council for highlighting Pittsburgh's leading businesses, as well as the group's dedication to enhancing the region's technology environment. We are honored to be among the few companies to repeat this recognition." The Pittsburgh Technology Council determined the 50 fastest-growing firms by researching thousands of public and private technology companies headquartered in several Pittsburgh-area cities and towns. PricewaterhouseCoopers audited the Council's results. About The Pittsburgh Technology Council The Pittsburgh Technology Council is one of the largest regional technology trade associations in the United States with more than 1,800 members within its geographic territory of 13 counties in southwestern Pennsylvania. Its mission is to drive the growth, development and retention of the region's technology-focused businesses and talent.