Ansoft Added to the S&P SmallCap 600 Index
May 07 2007 - 2:35PM
Business Wire
Ansoft Corporation (NASDAQ:ANST), a leading developer of
high-performance electronic design automation (EDA) software, will
be added to the Standard & Poor�s SmallCap 600 index, effective
after the close of trading today. �Our inclusion in the index is an
acknowledgement of Ansoft's sustained, profitable growth and a
testament to the execution of our business model,� said Nicholas
Csendes, president and CEO of Ansoft. �Our innovative simulation
software is used by industry-leading electronics companies to
design high-performance devices, and we anticipate continued
revenue growth and expanding profits.� The S&P SmallCap 600 is
a core component of the S&P U.S. index series and is widely
used by private investors and professional money managers alike for
building diversified equity portfolios of U.S. growth stocks. About
Standard & Poor's Standard & Poor's, a division of The
McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider
of financial market intelligence, including independent credit
ratings, indices, risk evaluation, investment research and data.
With approximately 7,500 employees, including wholly owned
affiliates located in 21 countries, Standard & Poor's is an
essential part of the world's financial infrastructure and has
played a leading role for more than 140 years in providing
investors with the independent benchmarks they need to feel more
confident about their investment and financial decisions. For more
information, visit www.standardandpoors.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. Forward-Looking Statements This press release
contains forward-looking statements including those related to
revenue and profit that are made pursuant to the safe harbor
provisions of the Private Securities Litigation Act of 1995. These
forward-looking statements are based on current expectations and
assumptions that are subject to risks and uncertainties that could
cause actual results to differ materially, including, but not
limited to, management�s ability to forecast revenues and control
expenses and the amount, timing and structure of software licenses.
For further information regarding risks and uncertainties
associated with Ansoft�s business, please refer to the
�Management�s Discussion and Analysis of Financial Condition and
Results of Operations� section of Ansoft�s SEC filings, including,
but not limited to, its annual report on Form 10-K and quarterly
reports on Form 10-Q, copies of which may be obtained at Ansoft�s
website at www.ansoft.com/about/investor/index.cfm.
Ansoft (NASDAQ:ANST)
Historical Stock Chart
From Oct 2024 to Nov 2024
Ansoft (NASDAQ:ANST)
Historical Stock Chart
From Nov 2023 to Nov 2024