Ansoft Corporation Third Quarter Earnings Increase 48%

Other income, net 576 269 1,968 749
--------- -------- -------- --------
Income before income taxes 7,953 5,728 17,732 12,179
Income tax expense 1,642 1,468 5,422 2,655
--------- -------- -------- --------
Net income $6,311 $4,260 $12,310 $9,524
========= ======== ======== ========
Net income per share
Basic $0.27 $0.18 $0.52 $0.40
========= ======== ======== ========
Diluted $0.24 $0.16 $0.47 $0.37
========= ======== ======== ========
Weighted average shares used in
calculation
Basic 23,599 23,698 23,609 23,704
========= ======== ======== ========
Diluted 26,138 25,914 26,163 25,922
========= ======== ======== ========


All share and per share information has been adjusted to reflect the two-for-one stock split effected in the form of 100% stock dividend that was declared on March 7, 2006 and distributed on May 9, 2006.
                          ANSOFT CORPORATION

CONSOLIDATED BALANCE SHEETS
(In thousands, except per share amounts)
(unaudited)

January 31, April 30,
2007 2006
----------- ---------

Assets
Current assets
Cash and cash equivalents $23,712 $16,456
Accounts receivable, net of allowance for
doubtful
Accounts of $840 and $545, respectively 13,789 20,264
Deferred income taxes 206 164
Prepaid expenses and other current assets 2,264 1,938
----------- ---------
Total current assets 39,971 38,822

Equipment and furniture, net of accumulated
depreciation of $6,975 and $6,249, respectively 2,427 2,599
Marketable securities 39,372 33,621
Other assets 151 131
Deferred income taxes 7,729 6,226
Goodwill 1,239 1,239
Other intangible assets, net 1,460 2,442
----------- ---------
Total assets $92,349 $85,080


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