Ansoft Corporation is a leading developer of high-performance Electronic Design Automation (EDA) software. Our technology is based on more than 25 years of research and development from the world's leading experts in electromagnetics, circuit, and system simulation. Companies throughout the world rely on Ansoft's software to achieve first-pass system success when designing mobile communication, internet-access, broadband networking components and systems, integrated circuits (ICs) and printed circuit boards (PCBs) as well as electromechanical systems such as automotive components and power electronics systems.
The exploding global demand for increased functionality, higher reliability and performance within ever-smaller, more portable devices is placing new demands on designers and is providing Ansoft with outstanding opportunities for growth. Engineers designing portable electronic devices like cell phones and PDAs are driving an industry trend to integrate rich digital content with wireless connectivity and extended battery life. A modern cellular handset, for example, is hardly just a telephone. Modern systems integrate RF/Analog/Digital System on Chip (SoC) solutions with memory, graphics, storage, GSM radio, Bluetooth/802.11x radio, antenna, LCD, camera, MP3, and broadcast FM. Extreme integration creates new challenges for RF performance, system signal integrity, system-level EMI, low power, and communications reliability. Ansoft's fundamental research breakthroughs in modeling electromagnetic and circuit details at very high operating frequencies are especially tailored to meet these exacting demands. Ansoft's simulation software allows our customers to evaluate performance and optimize the design right on their computer screen. This eliminates the need for costly prototype iterations and speeds the design process, saving our customers both time and money.
For the 2007 fiscal year ended April 30, 2007, Ansoft had net sales of $89.1 million. For the first nine months of fiscal year 2008, Ansoft reported net sales of $69.4 million, with $64.1 million in cash and marketable securities and no debt.
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