Ansoft Corporation Third Quarter Earnings Increase More Than 50%


Pursuant to the requirement of Regulation G, the Company has provided a reconciliation of the non-GAAP financial measure to the most directly comparable GAAP financial measure. These measures differ from GAAP in that they exclude acquisition-related amortization. The Company has provided this measurement in addition to GAAP financial results because it believes the non-GAAP financial measure provides useful information to investors in that it provides additional insight into our core operations and a consistent basis for comparison between quarters not influenced by certain non-cash items. The Company does not acquire businesses on a predictable cycle. As a result, management has difficulty comparing the Company's profitability as measured by net income on a period to period basis unless it excludes acquisition-related amortization because it may appear in one period but not in the comparable period. Further, management finds it useful to exclude non-cash charges in order to more readily correlate the Company's operating activities with the Company's ability to generate cash from operations and more accurately predict liquidity requirements. Finally, this same financial measure is used by management to track the Company's performance relative to externally communicated financial targets and to competitors' operating results. The additional non-GAAP financial information presented should be considered in conjunction with, and not as a substitute for, the financial information presented in accordance with GAAP.
                                                   Three months ended
                                                       January 31,
                                                  --------------------
                                                     2006      2005
                                                  ---------- ---------

GAAP net income                                      $4,260    $2,784
Amortization of intangibles (1)                         229       257
                                                  ---------- ---------
Non-GAAP net income                                  $4,489    $3,041
                                                  ========== =========
Non-GAAP net income per diluted common share          $0.35     $0.23
                                                  ========== =========
Weighted average diluted shares used in
 calculation                                         12,957    13,390
                                                  ========== =========

(1) Amortization expense net of a 38% tax rate. 




Contact:
Ansoft Corporation
Mark Ravenstahl, 412-261-3200
Fax: 412-471-9427
Email: 
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