ANSYS, Inc. Announces New Addition to Senior Management Team

SOUTHPOINTE, Pa.--(BUSINESS WIRE)--ANSYS, Inc. (NASDAQ: ANSS), a global innovator of simulation software and technologies designed to optimize product development processes, today announced that Joshua Fredberg has joined the ANSYS senior management team as the vice president of marketing. Fredberg will play an integral role in furthering the Company’s vision and strategy, enhancing ANSYS global marketing initiatives, and leading all aspects of the Company’s branding.

“Josh’s expertise and demonstrated leadership will enable us to take the next steps in expanding and further penetrating our customer base, ultimately bringing simulation software to everyone involved in product development. We are very pleased to have him join the ANSYS family.”

Fredberg brings a rich, diverse background in engineering and technology to the ANSYS leadership team. Before joining ANSYS, Fredberg was senior vice president of product and market strategy at Parametric Technology Corporation (PTC), where he worked on industry strategy, marketing and business development. Prior to joining PTC, he held leadership roles with both ARIBA and Andersen Consulting Strategic Services.

“Over the last few years, a combination of strategic acquisitions and internal development has enabled ANSYS to create the broadest and most integrated multiphysics platform in the simulation space,” said Jim Cashman, ANSYS president and CEO. “Josh’s expertise and demonstrated leadership will enable us to take the next steps in expanding and further penetrating our customer base, ultimately bringing simulation software to everyone involved in product development. We are very pleased to have him join the ANSYS family.”

“I believe in the ANSYS vision and am pleased to be joining the team,” said Fredberg. “ANSYS is uniquely positioned with the people, products and expertise to help designers address challenges early in the development process across multiple disciplines, and unlock unprecedented value.”

Fredberg has a B.S. in electrical engineering from Tufts University, an M.S. in systems engineering from the University of Pennsylvania, and an M.B.A in finance from The Wharton School.

About ANSYS, Inc.

ANSYS, Inc., founded in 1970, develops and globally markets engineering simulation software and technologies widely used by engineers and designers across a broad spectrum of industries. The Company focuses on the development of open and flexible solutions that enable users to analyze designs directly on the desktop, providing a common platform for fast, efficient and cost-conscious product development, from design concept to final-stage testing and validation. The Company and its global network of channel partners provide sales, support and training for customers. Headquartered in Canonsburg, Pennsylvania, U.S.A., with more than 60 strategic sales locations throughout the world, ANSYS, Inc. and its subsidiaries employ over 1,600 people and distribute ANSYS products through a network of channel partners in over 40 countries. Visit www.ansys.com for more information.

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