Ansoft Corporation (NASDAQ:ANST) has been named to Business 2.0 magazine's annual list of the 100 Fastest-Growing Technology Companies. The ranking is based on a three-year annualized average of revenue growth and 2005 return on stock. Ansoft is ranked 29th overall. According to the current issue of Business 2.0, "Tech is back, and the sector's fastest-growing companies are leading the charge. During the past three years, the companies in this elite group have increased sales by an average of 33% a year, stoked profits by 86% and raised cash flow by 83%. Wall Street has applauded, sending the Business 2.0 100's shares up an average of 38% in 2005." "We are pleased to be named among Business 2.0 magazine's fastest-growing technology companies," said Nicholas Csendes, president and CEO of Ansoft. "This honor affirms that our strategic vision to lead the high-performance segment of the electronic design software market is working. Being recognized as one of the fastest-growing technology companies worldwide is further validation of Ansoft's continued innovation and strong growth." About Business 2.0 For more information about Business 2.0 log on to www.Business2.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.
Ansoft (NASDAQ:ANST)
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