ANSYS, Inc. Announces Acquisition of EVEN – EVOLUTIONARY ENGINEERING AG

ANSYS, Inc., and EVEN- Evolutionary Engineering AG (“EVEN”) have announced that ANSYS has acquired EVEN, which will become ANSYS Switzerland, a wholly owned subsidiary of ANSYS, Inc. The terms of the transaction were not disclosed. Headquartered in Zurich, EVEN has 12 employees and has been a partner of ANSYS, offering EVEN’s composite technologies through a product called ANSYS(R) Composite PrepPost(TM). This product is tightly integrated with ANSYS Mechanical(TM) in ANSYS Workbench(TM) and with ANSYS Mechanical APDL. EVEN also provides best-in-class engineering services in composites applications and in other areas in its fields of expertise. The acquisition of the composites leader helps further broaden the capabilities of the simulation innovator.

“We are very pleased that our long-standing partner relationship with the EVEN team has resulted in EVEN becoming part of the ANSYS family,”

said Jim Cashman, president and CEO of ANSYS. “Composites simulation is a fast growing market with application across multiple industries, broadening our industry knowledge and competencies in this area. The tight coupling of the EVEN products within our platform is highly beneficial, so we look forward to working with the EVEN employees and customers.”

About ANSYS, Inc.

ANSYS brings clarity and insight to customers’ most complex design challenges through fast, accurate and reliable engineering simulation. Their technology enables organizations — no matter their industry — to predict with confidence that their products will thrive in the real world. Customers trust their software to help ensure product integrity and drive business success through innovation. Founded in 1970, ANSYS employs more than 2,400 professionals, many of them experts in engineering fields such as finite element analysis, computational fluid dynamics, electronics and electromagnetics, and design optimization. Headquartered south of Pittsburgh, Pennsylvania, U.S.A., ANSYS has more than 70 strategic sales locations throughout the world with a network of channel partners in 40+ countries. Visit www.ansys.com for more information.

About EVEN — Evolutionary Engineering AG

EVEN — Evolutionary Engineering AG is a leader in composite analysis and optimization technology relying on cloud computing. EVEN also provides best-in-class engineering services in composites applications and in other areas in its fields of expertise. EVEN is a wholly owned subsidiary of ANSYS, Inc. headquartered in Zurich, Switzerland. For additional information, visit the EVEN website at http://www.even-ag.ch

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