| Ticker: ANSS | 201 Johnson Road | |
| Exchange: NASDAQ-National Market | Houston, Pennsylvania 15342-1300 | |
| Industry: High-Tech | (412) 746-3304 |
| Type of Shares: | Common Shares | Filing Date: | 5/2/96 | |
| U.S. Shares: | 3,550,000 | Offer Date: | 6/20/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $12.00 - $14.00 | |
| Primary Shares: | 3,500,000 | Offer Price: | $13.00 | |
| Secondary Shares: | 50,000 | Gross Spread: | $0.91 | |
| Offering Amount: | $46,150,000 | Selling: | $0.52 | |
| Expenses: | $850,000 | Reallowance: | $0.10 | |
| Shares Out After: | 16,152,760 |
| Manager | Tier | Phone |
| Alex. Brown & Sons Incorporated | Lead Manager | (410) 727-1700 |
| Cowen & Company | Co-manager | (212) 495-6000 |
| Parker/Hunter Incorporated | Co-manager | (412) 562-7892 |
| Wessels, Arnold & Henderson | Co-manager | (612) 373-6121 |
| Auditor: Coopers & Lybrand | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 3/31/96 | 3/31/95 | 3/31/96 | ||
| Revenue: | $39.62 | $10.73 | $8.23 | Assets: | $42.00 |
| Net Income: | -$2.03 | -$0.30 | -$1.29 | Liabilities: | $46.87 |
| EPS: | -$0.17 | -$0.02 | -$0.11 | Equity: | -$4.88 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company develops, manufactures and markets software for the product design and optimization market. Engineering analysts and design engineers use the Company's software to accelerate product time to market, reduce production costs, improve engineering processes and optimize product quality and safety for a variety of manufactured products, ranging from basic consumer goods to satellite tracking systems. The ANSYS product family feature open, flexible architecture that permits easy integration into its customers' enterprise-wide engineering systems and facilities effective implementation of process-centric engineering. Since its founding in 1970 as Swanson Analysis Systems, Inc. the Company has become a technology leader in the market for computer-aided engineering analysis software. The Company has longstanding relationships with customers in many industries, including automotive, aerospace and electronics. |
| Use of Proceeds |
| Proceeds from the offering will be used to repay all existing senior secured and subordinated indebtedness, to redeem all outstanding shares of redeemable preferred stock and for general corporate purposes. |
©1996 IPO Data Systems, Inc. - All rights reserved.