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News Release from: Ansoft Europe
Edited by the Manufacturingtalk Editorial
Team on 11 May 2007
Ansoft in smallcap 600 index
Profitable and sustained growth leads to Ansoft's inclusion in the Standard and Poors Smallcap 600 index
Ansoft Corporation, a leading developer of high-performance electronic design automation (EDA) software, will be added to the Standard and 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 SandP SmallCap 600 is a core component of the SandP US index series and is widely used by private investors and professional money managers alike for building diversified equity portfolios of US growth stocks.
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