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ANSYS Makes Forbes Fast 15 List

	Posted Thu February 05, 2009 @09:57AM
	ANSYS, Inc., a global innovator of simulation software and technologies designed to optimize product development processes, today announced that it has been included on the Forbes Fast 15 list for the second consecutive year. ANSYS, the sole engineering simulation software provider on the list, was the only member from last year’s list that met this year’s screening criteria.

	The Fast 15 is a formal compilation by Forbes of attractive companies with potential to become rapidly growing technology businesses in the future. Companies are ranked on three-year annualized sales gains, with at least a 10 percent gain in each of the past three years. Other criteria include profitability with sales of at least $25 million over the past 12 months and consensus profit forecasts of at least 10 percent annualized for the next three to five years. “In today’s competitive marketplace, companies need our engineering simulation technology now more than ever,” said Jim Cashman, president and CEO at ANSYS, Inc. “Software from ANSYS helps organizations develop high-quality and innovative products, manufacture them for the lowest-possible cost, reduce expensive prototype testing, optimize processes, beat competitors to the global marketplace, and avoid expensive warranty costs. It is a critical investment that can quantifiably impact business results.”

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