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46

Ansoft (ANST)

Technology never sits still -- at least, not while Ansoft is driving the pace car. The Pittsburgh software maker helps engineers design high-performance electronics for everything from laptops to tanks to spaceships. And as those products grow in complexity and shrink in proportion, demand for the company's technology is taking off. Earnings climbed 130% in 2005, thanks in part to booming sales of cell phones, which rely on Ansoft's wares to sort out interference, and hybrid cars, which use them to max out mileage. By extending itself to a broad range of applications and continuously entering new markets, the company has averaged 136% growth in annual profits since 2002. A top-flight R&D department is working hard to keep the company's growth on a strong upward curve.

Company Info

2005 Rank

NR

Market Value*
($ Millions)

522.8

Sales*
($ Millions)

74.1

Sales Growth
(3-yr. avg. annual)

16.9 %

Profits*
($ Millions)

14.3

Profit Growth
(3-yr. avg. annual)

136.2 %

Return on Inv. Capital (3-yr.)

17.8 %

Share Price
12-Mo. Hi/Lo

44/21

Share Price
As of 4/28/06

44

Return on Equity

29.3 %

P/E Ratio

40

No. of Employees

287

Industry Application Software
CURRENT
MARKET INFO

ANST >

COMPANY WEB SITE >
Location Pittsburgh
Phone 412 261-3200
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat

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Company Snapshot

Ansoft develops electronic design automation (EDA) software used in technology products and industries. Its software is used to design electronic products, such as cellular phones, Internet-access devices, broadband networking components and systems, integrated circuits, printed circuit boards (PCBs), automotive electronic systems, and power electronics. The company's principal products include HFSS, a three dimensional electromagnetic field simulation software for high frequency, radio frequency, and wireless design; Nexxim, a circuit simulator; SIwave, which provides analysis of PCBs, components, and packages; Q3D Extractor, a physics-based EDA tool for the electromagnetic-field simulation of two-dimensional and arbitrary three-dimensional structures; Ansoft Designer, which provides a design environment to link electromagnetic analysis with circuit and system-level simulation; Turbo Package Analyzer, a software tool that automates the analysis of semiconductor packages; AnsoftLinks, which provides bidirectional links for streamlining data; Full-Wave Spice that provides high-bandwidth SPICE models; and Optimetrics, a parametric analysis and optimization module. Its products also include Maxwell 3D and 2D software tools; SIMPLORER, a multidomain simulation package for the design of power electronic and drive systems; and RMxprt, a tool for calculating design parameters. Ansoft, through its own direct sales force, sells its products to customers in the communications, semiconductor, automotive/industrial, computer, consumer electronics, and defense/aerospace industries, principally in North America, Asia, and Europe. Ansoft was founded by Zoltan J. Cendes in 1984 and has its headquarters in Pittsburgh.


Data provided by Capital IQ
 
Nicholas Csendes

Nicholas Csendes, 61

Chief Executive Officer, President and Director


Total Compensation*

$ 303,000

Total Options Value*

$ 5,582,456

* Fiscal Year 2005


Executive Bio

Nicholas Csendes is a founder of Ansoft and has been the president, chief executive, and secretary since 1992 and a director since 1984. Csendes was a senior investment officer with Sun Life of Canada, a major international financial institution focusing on life insurance and retirement products for more than 15 years. Since 1985, Csendes has been involved with various public and private companies, including a publicly held interactive software company.


Management Team

Key Executives

Nicholas Csendes; Thomas A.N. Miller; Zoltan J. Cendes; Prem Premkumar; Eiji Nakamoto; Nancy Lambert; Thomas M. Flynn

Board Directors

Paul J. Quast; John N. Whelihan; Zoltan J. Cendes; Nicholas Csendes; Peter Robbins


Executive Data provided by Capital IQ