Ansoft Corporation Revenue Increases 15%

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


                                                    July 31, April 30,
                                                      2007     2007
                                                    -------- ---------

Assets
Current assets
Cash and cash equivalents                           $38,188   $49,356
Accounts receivable, net of allowance for doubtful
 Accounts of $1,059 and $973, respectively           14,383    24,994
Deferred income taxes                                 4,055     1,441
Prepaid expenses and other current assets             2,499     2,566
                                                    -------- ---------
Total current assets                                 59,125    78,357

Equipment and furniture, net of accumulated
 depreciation of $7,286 and $7,019, respectively      2,450     2,514
Marketable securities                                21,997    22,383
Other assets                                            156       155
Deferred income taxes                                 5,388     5,352
Goodwill                                              1,239     1,239
Other intangible assets, net                            880     1,170
                                                    -------- ---------
Total assets                                        $91,235  $111,170
                                                    ======== =========

Liabilities and stockholders' equity
Current liabilities
Accounts payable                                       $258      $626
Accrued payroll                                       1,074     3,380
Accrued income taxes                                    324       603
Other accrued expenses                                3,917     4,130
Current portion of deferred revenue                  24,616    26,244
                                                    -------- ---------
Total current liabilities                            30,189    34,983
Accrued income taxes                                  3,325         -
Long-term portion of deferred revenue                 1,081     1,404
                                                    -------- ---------
Total liabilities                                    34,595    36,387

Stockholders' equity
Preferred stock , par value $0.01 per share; 1,000
 shares authorized, no shares outstanding                 -         -
Common stock , par value $0.01 per share; 50,000
 shares authorized; issued 29,576 and 29,258 shares,
 respectively and outstanding 23,420 and 23,956,
 respectively                                           296       293
Additional paid-in capital                           88,115    85,754
Treasury stock, 6,156 and 5,302 shares, respectively(73,443)  (49,176)
Accumulated other comprehensive loss                   (1,075)          (964)
Retained  earnings                                                                        42,747        38,876
                                                                                                        --------  ---------
Total  stockholders'  equity                                                      56,640        74,783
                                                                                                        --------  ---------
  Total  liabilities  and  stockholders'  equity                  $91,235    $111,170
                                                                                                        ========  =========
 






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