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SOUTHPOINTE, Pa. -- For the fourth time, ANSYS Inc., a global innovator of simulation software used by engineers to analyze computer-aided designs, earned recognition as one of BusinessWeek's 100 best "Hot Growth Companies" as well as one of CNN Money's "Fabulous 40." BusinessWeek annually evaluates organizations based on sales growth, earnings growth and return on invested capital. Previously number 55 on the list, ANSYS Inc. moved up to 48. CNN Money's "Fabulous 40" tracks the shares of technology stocks since the close of trading on March 10, 2000 and recognizes those whose stock is trading at a higher price as of May 27, 2003, than they were on the Nasdaq's peak of March 10, 2000. The article is available at http://money.cnn.com/pf/features/lists/technology_stocks/. "It all stems from our dedication to providing customers with the broad range of simulation software tools they deem critical for ensuring they are ahead of their competition and stay ahead," said Jim Cashman, president and CEO, ANSYS Inc. "ANSYS' response to our customers' evolving engineering needs results in innovative, superior-quality products and leads to savings in time, costs and productivity. ANSYS software positively affects their business, which in turn is reflected in our continued solid financial performance. This type of recognition would not be possible without the loyalty of our customers, or the dedication of our employees and our channel partners, to provide the most comprehensive computer-aided engineering solutions available."