We founded Ansoft with a vision that electromagnetic analysis would one day become a commonplace electronic design automation (EDA) tool used throughout the engineering community. At that time, solving electromagnetic (EM) problems was limited and impractical.
To tackle this challenge, we developed a series of breakthrough technologies and products designed to analyze EM issues from DC (low frequency) to daylight (high frequency). From electric motors to high-speed communication systems, and a host of applications in between, Ansofts tools have become the industry standard for electromagnetic design.
Ansoft continues to adapt to the changing climate through innovative thinking and persistent hard work. In spite of the economic recession in the technology sector in fiscal year 2002, Ansoft achieved another record financial year.
Our revenue in fiscal 2002 totaled $53.4 million, an increase of 23 percent over the prior year. Within the fiscal year, we made significant progress with all of our product lines and introduced several new breakthrough technologies:
- HFSSten-fold increase in the complexity of designs solved with 64-bit architecture.
- Ansoft Designerrevolutionary new software that engineers use to design communication systems, high-frequency integrated circuits (ICs), high-density printed circuit boards (PCBs), and high-frequency components.
- SIwavethe newest product in our Signal Integrity (SI) line for addressing the needs of digital designers, including the efficient and accurate analysis of complex power and ground structures within PCBs and IC packages.
- Ansoft EMthe all-inclusive Simplorer and Maxwell product offering, providing complete solutions for power electronics and automotive systems.
Top-quality products are only part of the equation to Ansofts success. To ensure that our customers are successful, we continue to develop a first-rate, worldwide customer-support organization staffed with industry-experienced engineers. Every day, our products and people help our customers design their future products.
Our goal is to enhance Ansofts value for our shareholders, customers, and employees by continuing to focus on:
- A commitment to research and development and to utilize the best new technologies for our products.
- Advancing our existing relationships with leading-edge customers and to develop dynamic new partnerships so we can offer the most versatile software solutions possible.
- Providing best-in-class support services through application engineering, customer training, and technical workshops.
- Increasing company and product awareness through a variety of marketing mediums.
- A friendly, professional, and productive work environment for our employees and to continue our recruitment efforts to attract a highly skilled and diverse workforce.
From component design to total system analysis, companies worldwide continue to depend on our technology to stay one step ahead of todays fierce competition. And as our customers needs become more complex, we will continue to provide them with real-world solutions that take their designs into the future.
Nicholas Csendes
President and CEO
Zoltan Cendes, Ph.D.
Chairman of the Board
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