Ansoft Recognized as a Red Herring Small Cap 100
PITTSBURGH--Dec. 13, 2005--Red Herring magazine has selected Ansoft Corporation as one of the inaugural Red Herring Small Cap 100. The editors of Red Herring evaluated more than 2,500 technology companies from North America, Europe and the Asia-Pacific region for the award.The magazine selected 100 companies for their innovative technology and smart business models, which nurture growth and profitability. Red Herring's Innovation Index, global perspective and provocative outlook on the technology landscape make the Small Cap 100 list a unique tool for technology and financial executives.
Joel Dreyfuss, editor in chief of Red Herring magazine, said "The winners on this list are the most competitive, the most innovative and the most promising technology companies in the small-cap segment. We hope that the Red Herring Small Cap 100 list will shine the light on them that they deserve."
"Ansoft has experienced an exciting year, and we are extremely pleased that Red Herring included us on such a distinguished list of companies," said Nicholas Csendes, Ansoft's president and chief executive officer. "Being selected as one of the top 100 Small Cap companies worldwide is further validation of Ansoft's continued innovation and strong growth."
The award ceremony for the Small Cap 100 will be held during the Red Herring Fall 2005 conference Dec. 13-15 in San Francisco, California. Red Herring issue #47, on sale Dec. 12, 2005, will profile all award winners and include Red Herring's Top 10 Trends for 2006. The full list of winners also can be viewed at www.herringevents.com.
About Red Herring Events
Red Herring events have long delivered clear and intelligent insight into the critical trends shaping the future of technology. Red Herring brings together industry leaders, venture capitalists, entrepreneurs and its own business intelligence team to share ideas and present the company's research-based discoveries. Participants explore the strategic shifts and disruptive impact that new technologies will have in key U.S. and international markets. Along the way, they will get a glimpse of the future. Additional information is available at www.redherring.com/events.
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.