ANSYS to Host Investor Day on September 14, 2017
PITTSBURGH, Sept. 13, 2017 (GLOBE NEWSWIRE) The ANSYS, Inc. (NASDAQ:ANSS) 2017 Investor Day will be held on September 14, 2017, from 9:00 am to 3:30 pm EST. A live, password protected, webcast will be available the day of the event on the ANSYS Investor Relations website at http://investors.ansys.com/events-and-presentations. Please note that the webcast will be suspended during the lunch break and customer panel from 12:15 pm to 2:15 pm EST. The webcast will re-start at 2:15 pm EST for the financial portion of the program and the final Q&A session. A replay of the event will be made available, as well as copies of each of the presentations, after the events conclusion.
To register for the webcast and obtain a password to view the live event, please go to http://investors.ansys.com/ and click on the registration link. Passwords will be distributed to registered attendees prior to the events start time.
About ANSYS, Inc.
If youve ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge, or put on wearable technology, chances are youve used a product where ANSYS software played a critical role in its creation. ANSYS is the global leader in engineering simulation. We help the worlds most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, ANSYS employs thousands of professionals, many of whom are expert M.S. and Ph.D.-level engineers in finite element analysis, computational fluid dynamics, electronics, semiconductors, embedded software and design optimization. Headquartered south of Pittsburgh, Pennsylvania, U.S.A., ANSYS has more than 75 strategic sales locations throughout the world with a network of channel partners in 40+ countries. Visit www.ansys.com for more information.
To join the simulation conversation, please visit: www.ansys.com/Social@ANSYS
ANSYS and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.
Forward Looking Information
Certain statements contained in the presentations made during Investor Day, both in presentation and in prepared slides referenced during the course of Investor Day regarding matters that are not historical facts, including, but not limited to, statements regarding our projections for revenue, operating margin, effective tax rate, earning per share and operating cash flow (on a non-GAAP basis) and earnings per share for the third quarter 2017 and fiscal year 2017; statements about management's views concerning the Company's prospects and outlook for 2017, statements regarding our financial objectives beyond 2017, including revenue growth and operating margin targets on a non-GAAP basis, statements regarding the likelihood of obtaining those objectives and the drivers and points of impact required to reach such objectives, statements regarding the expected impact of ASC 606, the planned changes in the Companys disclosure practices, any statements regarding the Companys financial outlook utilizing the new ASC 606 framework, statements regarding the future use and pervasiveness of simulation, statements regarding our plan for investment, including the relative allocation of such investments, statements regarding the ability of our solutions to unlock the potential of additive manufacturing, statements regarding the ability of simulation to unlock significant value in digital twins, statements regarding changes in our go-to-market approach and its likelihood of success, statements regarding our European sales operations in FY 2017 and FY 2018 are "forward-looking" statements (as defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements made during this Investor Day are subject to risks and uncertainties including, but not limited to, the risk that adverse conditions in the global and domestic markets will significantly affect ANSYS customers ability to purchase products from the Company at the same level as prior periods or to pay for the Companys products and services, the risk that declines in the ANSYS customers business may lengthen customer sales cycles, the risk of declines in the economy of one or more of ANSYS primary geographic regions, the risk that ANSYS revenues and operating results will be adversely affected by changes in currency exchange rates or economic declines in any of the countries in which ANSYS conducts transactions, the risk that the assumptions underlying ANSYS' anticipated revenues and expenditures will change or prove inaccurate, the risk that ANSYS has overestimated its ability to maintain growth and profitability and control costs, uncertainties regarding the demand for ANSYS' products and services in future periods, uncertainties regarding customer acceptance of new products, the risk of ANSYS products future compliance with industry quality standards and its potential impact on the Companys financial results, the risk that the Company may need to change its pricing models due to competition and its potential impact on the Companys financial results, the risk that ANSYS' operating results will be adversely affected by possible delays in developing, completing or shipping new or enhanced products, the risk that enhancements to the Company's products or products acquired in acquisitions may not produce anticipated sales, the risk that the Company may not be able to recruit and retain key executives and technical personnel, the risk that third parties may misappropriate the Companys proprietary technology or develop similar technology independently, the risk of unauthorized access to and distribution of the Companys source code, the risk of the Companys implementation of its new IT systems, the risk of difficulties in the relationship with ANSYS independent regional channel partners, the risk of ANSYS reliance on perpetual licenses and the result that any change in customer licensing behavior may have on the Companys financial results, the risk that ANSYS may not achieve the anticipated benefits of its acquisitions or that the integration of the acquired technologies or products with the Companys existing product lines may not be successful, the risk of periodic reorganizations and changes within ANSYS sales organization, the risk of industry consolidation and the impact it may have on customer purchasing decisions, and other factors that are detailed from time to time in reports filed by ANSYS, Inc. with the Securities and Exchange Commission, including ANSYS, Inc.'s Annual Report and Form 10-K for the fiscal year ended December 31, 2016. We undertake no obligation to publicly update or revise any forward-looking statements, whether changes occur as a result of new information or future events, after the date they were made.<
Annette Arribas, CTP