ANSYS Buys EVEN - Evolutionary Engineering AG, Terms Not Disclosed

ANSYS, Inc.

, a global innovator of simulation, and EVEN – Evolutionary Engineering AG  ("EVEN"), a leading provider of composite analysis and optimization technology relying on cloud computing, announced today 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^® Composite PrepPost™. This product is tightly integrated with ANSYS Mechanical™ in ANSYS Workbench™ 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.