<PAGE>
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON SEPTEMBER 19, 1997
REGISTRATION STATEMENT NO. 333-
- -------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------
FORM S-3
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
-----------
ANSYS, INC.
(Exact name of Registrant as specified in its charter)
DELAWARE 04-3219960
(State or other (I.R.S. Employer
jurisdiction Identification No.)
of incorporation or
organization)
SOUTHPOINTE
275 TECHNOLOGY DRIVE
CANONSBURG, PENNSYLVANIA 15317
(412) 746-3304
(Address, including zip code, and telephone number, including area code, of
Registrant's principal executive offices)
-----------
PETER J. SMITH
CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER
ANSYS, INC.
SOUTHPOINTE
275 TECHNOLOGY DRIVE
CANONSBURG, PENNSYLVANIA 15317
(412) 746-3304
(Name, address, including zip code, and telephone number, including area code,
of Registrant's agent for service)
-----------
With a copy to:
JOHN R. LECLAIRE, P.C.
GOODWIN, PROCTER & HOAR LLP
EXCHANGE PLACE
BOSTON, MASSACHUSETTS 02109-2881
APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC: From time
to time after the effective date of this Registration Statement.
If the only securities being registered on this form are being offered
pursuant to dividend or interest reinvestment plans, please check the
following box. [_]
If any of the securities being registered on this form are to be offered on
a delayed or continuous basis pursuant to Rule 415 under the Securities Act of
1933, other than securities offered only in connection with dividend or
interest reinvestment plans, check the following box. [X]
If this Form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, please check the following
box and list the Securities Act registration statement number of the earlier
effective registration statement for the same offering. [_]
If this Form is a post-effective amendment filed pursuant to Rule 462(c)
under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. [_]
If delivery of the prospectus is expected to be made pursuant to Rule 434,
please check the following box. [_]
CALCULATION OF REGISTRATION FEE
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<TABLE>
<CAPTION>
PROPOSED
MAXIMUM PROPOSED
AMOUNT OFFERING MAXIMUM
TO BE PRICE AGGREGATE AMOUNT OF
TITLE OF SECURITIES BEING REGISTERED REGISTERED PER SHARE(1) OFFERING PRICE(1) REGISTRATION FEE
------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Common Stock, par value $.01
per share..................... 22,500 $9.625 $216,563 $66
- --------------------------------------------------------------------------------------------------
</TABLE>
(1) Based upon the average of the high and low sale prices of the Common Stock
of ANSYS, Inc. reported on the Nasdaq National Market on September 17,
1997 and estimated solely for the purpose of calculating the registration
fee in accordance with Rule 457(c) of the Securities Act of 1933.
-----------
THE REGISTRANT HEREBY AMENDS THIS REGISTRATION STATEMENT ON SUCH DATE OR
DATES AS MAY BE NECESSARY TO DELAY ITS EFFECTIVE DATE UNTIL THE REGISTRANT
SHALL FILE A FURTHER AMENDMENT WHICH SPECIFICALLY STATES THAT THIS
REGISTRATION STATEMENT SHALL THEREAFTER BECOME EFFECTIVE IN ACCORDANCE WITH
SECTION 8(A) OF THE SECURITIES ACT OF 1933 OR UNTIL THE REGISTRATION STATEMENT
SHALL BECOME EFFECTIVE ON SUCH DATE AS THE COMMISSION, ACTING PURSUANT TO SAID
SECTION 8(A), MAY DETERMINE.
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- -------------------------------------------------------------------------------
<PAGE>
PROSPECTUS
22,500 SHARES
ANSYS, INC.
COMMON STOCK
----------------
In accordance with the applicable rules of the Securities and Exchange
Commission (the "Commission"), this Prospectus may be used in connection with
offerings of the common stock, par value $.01 per share (the "Common Stock"),
of ANSYS, Inc., a Delaware corporation ("ANSYS" or the "Company"). This
Prospectus relates to the resale by certain ANSYS Support Distributors (the
"Selling Securityholders") of up to 22,500 shares of Common Stock which may be
issued to the Selling Securityholders upon the exercise of options to purchase
Common Stock which were issued without registration under the Securities Act
of 1933 (the "Securities Act") in transactions not involving public offerings
(the "Options"). The registration of shares of Common Stock hereby does not
necessarily mean that any of the shares will actually be offered or sold by
the Selling Securityholders hereunder.
The 22,500 shares of Common Stock issuable to the Selling Securityholders
upon the exercise of the Options may be offered from time to time by the
Selling Securityholders in one or more underwritten transactions at a fixed
price or prices, which may be changed, or at market prices prevailing for the
Common Stock as quoted on the Nasdaq National Market at the time of sale, at
prices related to such prevailing market prices or at negotiated prices. The
Selling Securityholders may effect such transactions by selling directly to
purchasers or to or through underwriters, agents or broker-dealers, and any
such underwriters, agents or broker-dealers may receive compensation in the
form of discounts, concessions or commissions from the Selling Securityholders
and the purchasers of the shares of Common Stock for which such underwriters,
agents or broker-dealers may act as agent or to whom they sell as principal,
or both (which compensation as to a particular underwriter, agent or broker-
dealer might be in excess of customary commissions). See "Selling
Securityholders" and "Plan of Distribution."
The aggregate proceeds to the Selling Securityholders from the sale of the
Common Stock offered hereby will be the purchase price of the Common Stock
sold less the aggregate agents' or broker-dealers' commissions and
underwriters' discount, if any, and other expenses of issuance and
distribution not borne by the Company. The Company will not receive any
proceeds from the sale of the Common Stock offered hereby by the Selling
Securityholders. The Company will pay all of the expenses of the registration
of the shares of Common Stock being offered by the Selling Securityholders
pursuant to this Prospectus other than brokerage or underwriting commissions
and fees and expenses of counsel and other advisors to the Selling
Securityholders.
The Common Stock is quoted on the Nasdaq National Market under the symbol
"ANSS."
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES
AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE
SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES
COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS
PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
OFFENSE.
The date of this Prospectus is , 1997.
<PAGE>
AVAILABLE INFORMATION
The Company is subject to the informational requirements of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), and in accordance
therewith files reports, proxy statements and other information with the
Securities and Exchange Commission (the "SEC" or the "Commission"). Such
reports, proxy statements and other information can be inspected and copied at
the public reference facilities maintained by the Commission at 450 Fifth
Street, N.W., Room 1024, Washington, D.C. 20549, and at the Commission's
Regional Offices at 7 World Trade Center, 13th Floor, New York, New York
10048, and Northwestern Atrium Center, 500 W. Madison Street, Suite 1400,
Chicago, Illinois 60661-2511. Copies of such materials can be obtained upon
written request from the Public Reference Section of the Commission at 450
Fifth Street, N.W., Room 1024, Washington, D.C. 20549, at prescribed rates.
The Company is required to file electronic versions of these reports, proxy
statements and other information with the Commission via the Commission's
Electronic Data Gathering, Analysis and Retrieval ("EDGAR") System. The
Commission maintains a site on the World Wide Web (http://www.sec.gov) that
contains all EDGAR filings. In addition, the Common Stock is listed on the
Nasdaq National Market, and the aforementioned materials may also be inspected
at the offices of The Nasdaq Stock Market, Inc., 1735 K Street, N.W.,
Washington, D.C. 20006-1500.
The Company has filed with the Commission a Registration Statement on Form
S-3 under the Securities Act with respect to the Common Stock. This
Prospectus, which constitutes a part of the Registration Statement, does not
contain all of the information set forth in the Registration Statement,
certain parts of which are omitted in accordance with the rules and
regulations of the Commission. The Registration Statement, including exhibits
thereto, may be inspected and copied at the locations described above.
Statements contained in this Prospectus as to the contents of any contract or
other document referred to are not necessarily complete, and in each instance
reference is made to the copy of such contract or other document filed as an
exhibit to the Registration Statement, each such statement being qualified in
all respects by such reference.
INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE
The following documents previously filed by the Company with the Commission
pursuant to the Exchange Act are incorporated in this Prospectus by reference:
(i) the Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 1996 (File No. 000-20853), as filed on March 26, 1997; (ii) the
Company's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31,
1997; (iii) the Company's Quarterly Report on Form 10-Q for the fiscal quarter
ended June 30, 1997; and (iv) the description of the Company's Common Stock
contained in its Registration Statement on Form 8-A filed June 12, 1996,
including any amendment or report filed for the purpose of amending such
description.
All documents filed by the Company pursuant to Section 13(a), 13(c), 14 or
15(d) of the Exchange Act subsequent to the date of this Prospectus and prior
to the filing of a post-effective amendment hereto that indicates that all
securities offered hereunder have been sold or that deregisters all such
securities then remaining unsold shall be deemed to be incorporated by
reference in this Prospectus and to be a part hereof from the date of filing
of such documents.
Any statement contained in a document incorporated or deemed to be
incorporated herein by reference shall be deemed to be modified or superseded
for purposes of this Prospectus to the extent that a statement contained
herein (or in an applicable Prospectus Supplement) or in any subsequently
filed document that is incorporated by reference herein modifies or supersedes
such statement. Any such statement so modified or superseded shall not be
deemed to constitute a part of this Prospectus or any Prospectus Supplement,
except as so modified or superseded.
The Company will provide, without charge, to each person, including any
owner (beneficial or of record) of Common Stock, to whom a copy of this
Prospectus is delivered, at the written or oral request of such person, a copy
of any or all of the documents incorporated herein by reference (other than
exhibits thereto, unless such exhibits are specifically incorporated by
reference into such documents). Requests for such copies should be directed to
John M. Sherbin II, Chief Financial Officer, ANSYS, Inc., Southpointe, 275
Technology Drive, Canonsburg, Pennsylvania 15317, telephone (412) 746-3304.
2
<PAGE>
THE COMPANY
The Company's principal executive offices are located at Southpointe, 275
Technology Drive, Canonsburg, Pennsylvania 15317, and its telephone number is
(412) 746-3304.
SELLING SECURITYHOLDERS
The following table sets forth certain information with respect to the
Selling Securityholders, including the number of shares of Common Stock
beneficially owned by each Selling Securityholder as of the date of this
Prospectus, the percentage of shares of voting stock outstanding held by each
and the number of shares of Common Stock offered hereby. There can be no
assurance that all or any of the shares offered hereby will be sold.
<TABLE>
<CAPTION>
PERCENTAGE
NUMBER OF SHARES OF SHARES
OF COMMON STOCK NUMBER OF NUMBER OF SHARES OF VOTING
BENEFICIALLY HELD SHARES OF OF COMMON STOCK STOCK
PRIOR TO THE COMMON STOCK BENEFICIALLY HELD OUTSTANDING
SELLING SECURITYHOLDER (1) OFFERING (2) STOCK OFFERED AFTER THE OFFERING AFTER THE OFFERING
- -------------------------- ----------------- ------------- ------------------ ------------------
<S> <C> <C> <C> <C>
Michael C. Apostal...... 1,500 1,500 -- *
Dr. Lawrence Durocher... 8,750 8,750 -- *
Mark Dutly.............. 600 300 300 *
Clemens Groth........... 300 200 100 *
Uli Gohner.............. 600 300 300 *
Bill Hibbard............ 7,000 2,000 5,000 *
Dr. J.W. Jones.......... 1,000 1,000 -- *
Jean Jones.............. 1,000 1,000 -- *
Dr. Guenter Mueller..... 2,300 1,500 800 *
Dennis Peel............. 1,000 500 500 *
Neville F. Rieger....... 500 500 -- *
Charles J. Ritter....... 1,500 1,500 -- *
Klemens Rother.......... 700 300 400 *
Uli Stelzmann........... 400 200 200 *
Jurgen Vogt............. 400 200 200 *
Terry Walker............ 3,750 2,750 1,000 *
</TABLE>
- --------
* Less than one percent.
(1) The Selling Securityholders are employees of independent regional
distributors of the Company's products.
(2) All shares of Common Stock beneficially held prior to this offering are
beneficially held pursuant to the Options.
3
<PAGE>
PLAN OF DISTRIBUTION
This prospectus relates to the offer and sale from time to time of up to an
aggregate of 22,500 shares of Common Stock issuable upon exercise of the
Options by the Selling Securityholders. The Company is registering the Common
Stock at the request of the Selling Securityholders, but the registration of
the Common Stock does not necessarily mean that any of the Common Stock will
be offered or sold by the Selling Securityholders hereunder. The Company will
not receive any proceeds from the offering of the Common Stock by the Selling
Securityholders.
The distribution of the Common Stock may be effected from time to time in
one or more underwritten transactions at a fixed price or prices, which may be
changed, or at market prices prevailing for the Common Stock as quoted on the
Nasdaq National Market at the time of sale, at prices related to such
prevailing market prices or at negotiated prices. Any such underwritten
offering may be on a "best efforts" or a "firm commitment" basis. In
connection with any such underwritten offering, underwriters or agents may
receive compensation in the form of discounts, concessions or commissions from
the Selling Securityholders. Underwriters may sell the Common Stock to or
through dealers, and such dealers may receive compensation in the form of
discounts, concessions or commissions from the underwriters and/or commissions
from the purchasers for whom they may act as agents. Any such dealers or
agents that participate in the distribution of the shares of Common Stock
offered hereby may be deemed to be "underwriters" as defined in the Securities
Act, and any profit on the sale of such shares of Common Stock offered hereby
by them and any discounts, commissions or concessions received by any such
dealers or agents might be deemed to be underwriting discounts and commissions
under the Securities Act. The aggregate proceeds to the Selling
Securityholders from sales of the Common Stock offered by the Selling
Securityholders hereby will be the purchase price of such Common Stock less
the aggregate agents' or broker-dealers' commissions and underwriters'
discounts.
To the extent required by the Securities Act with respect to underwritten
offerings, the specific shares of Common Stock to be sold, the names of the
Selling Securityholders, the respective purchase prices and public offering
prices, the names of the underwriter or underwriters, and any applicable
commissions or discounts with respect to a particular offer will be set forth
in an accompanying Prospectus Supplement or, if appropriate, a post-effective
amendment to the Registration Statement of which this Prospectus is a part.
The sale of shares of Common Stock by the Selling Securityholders, or by
pledgees, donees, transferees or other successors in interest, may also be
effected from time to time by selling shares directly to purchasers or to or
through broker-dealers. In connection with any such sales, any such broker-
dealer may act as agent for the Selling Securityholders or may purchase from
the Selling Securityholders all or a portion of such shares as principal. Such
sales may be made on the Nasdaq National Market or any exchange on which the
shares of Common Stock are then traded, in the over-the-counter market, in
negotiated transactions or otherwise at prices and at terms then prevailing or
at prices related to the then-current market prices or at prices otherwise
negotiated. Shares may also be sold in one or more of the following
transactions: (i) block transactions (which may involve crosses) in which a
broker-dealer may sell all or a portion of such shares as agent but may
position and resell all or a portion of the block as principal to facilitate
the transaction; (ii) purchases by any such broker-dealer as principal and
resale by such broker-dealer for its own account pursuant to this Prospectus;
(iii) a special offering, an exchange distribution or a secondary distribution
in accordance with applicable Nasdaq rules; (iv) ordinary brokerage
transactions and transactions in which any such broker-dealer solicits
purchasers; (v) sales "at the market" to or through a market maker or into an
existing trading market, on an exchange or otherwise, for such shares; and
(vi) sales in other ways not involving market makers or established trading
markets, including direct sales to institutions or individual purchasers. In
effecting sales, broker-dealers engaged by the Selling Securityholders may
arrange for other broker-dealers to participate. Broker-dealers will receive
commissions or other compensation from the Selling Securityholders in amounts
to be negotiated immediately prior to the sale that are not expected to exceed
those customary in the types of transactions involved. Broker-dealers may also
receive compensation from purchasers of the shares which is not expected to
exceed that customary in the types of transactions involved.
4
<PAGE>
In order to comply with the securities laws of certain states, if
applicable, the Common Stock may be sold only through registered or licensed
brokers or dealers. In addition, in certain states, the Common Stock may not
be sold unless they have been registered or qualified for sale in such state
or an exemption from such registration or qualification requirement is
available and is complied with.
The Company will pay substantially all the expenses incurred by the Selling
Securityholders and the Company incident to the offering and sale of the
shares of Common Stock offered hereby to the public, but excluding any
discounts, commissions and fees of underwriters, broker-dealers or agents.
LEGAL MATTERS
The legality of the Common Stock offered hereby, will be passed upon for the
Company by Goodwin, Procter & Hoar LLP, Boston, Massachusetts.
EXPERTS
The consolidated financial statements incorporated in this Prospectus by
reference from the Company's Annual Report on Form 10-K for the year ended
December 31, 1996 have been audited by Coopers & Lybrand L.L.P., independent
accountants, as stated in their report, which is incorporated herein by
reference, and has been so incorporated in reliance upon the report of such
firm given upon their authority as experts in accounting and auditing.
5
<PAGE>
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
NO DEALER, SALESPERSON OR OTHER INDIVIDUAL HAS BEEN AUTHORIZED TO GIVE ANY
INFORMATION OR MAKE ANY REPRESENTATIONS NOT CONTAINED IN THIS PROSPECTUS. IF
GIVEN OR MADE, SUCH INFORMATION OR REPRESENTATION MUST NOT BE RELIED UPON AS
HAVING BEEN AUTHORIZED BY THE COMPANY OR THE SELLING SECURITYHOLDERS. THIS
PROSPECTUS DOES NOT CONSTITUTE AN OFFER TO SELL, OR A SOLICITATION OF AN OFFER
TO BUY, THE COMMON STOCK IN ANY JURISDICTION WHERE, OR TO ANY PERSON TO WHOM,
IT IS UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION. NEITHER THE DELIVERY OF THIS
PROSPECTUS NOR ANY SALE MADE HEREUNDER SHALL, UNDER ANY CIRCUMSTANCES, CREATE
AN IMPLICATION THAT THERE HAS NOT BEEN ANY CHANGE IN THE FACTS SET FORTH IN
THIS PROSPECTUS OR IN THE AFFAIRS OF THE COMPANY SINCE THE DATE HEREOF.
-----------------
TABLE OF CONTENTS
<TABLE>
<CAPTION>
<S> <C>
Available Information....................................................... 2
Incorporation of Certain Documents
by Reference............................................................... 2
The Company................................................................. 3
Selling Securityholders..................................................... 3
Plan of Distribution........................................................ 4
Legal Matters............................................................... 5
Experts..................................................................... 5
</TABLE>
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
22,500 SHARES
ANSYS, INC.
COMMON STOCK
-----------------
PROSPECTUS
-----------------
, 1997
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
<PAGE>
PART II. INFORMATION NOT REQUIRED IN PROSPECTUS
ITEM 14. OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION.
The expenses in connection with the issuance and distribution of the
securities being registered are set forth in the following table (all amounts
except the registration fee are estimated):
<TABLE>
<CAPTION>
<S> <C>
Registration fee--Securities and Exchange Commission.................. $ 66
Accountants' fees and expenses........................................ $ 200
Blue Sky fees and expenses............................................ *
Legal fees and expenses (other than Blue Sky)......................... $2,000
Miscellaneous......................................................... *
------
TOTAL............................................................. $2,266
======
</TABLE>
ITEM 15. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
In accordance with Section 145 of the General Corporation Law of the State
of Delaware, Article VII of the Registrant's Restated Certificate of
Incorporation (the "Certificate") provides that no director of the Registrant
shall be personally liable to the Registrant or its stockholders for monetary
damages for breach of fiduciary duty as a director, except for liability (i)
for any breach of the director's duty of loyalty to the Registrant or its
stockholders, (ii) for acts or omissions not in good faith or which involve
intentional misconduct or a knowing violation of law, (iii) in respect of
certain unlawful dividend payments or stock redemptions or repurchases, or
(iv) for any transaction from which the director derived an improper personal
benefit. In addition, the Certificate provides that if the Delaware General
Corporation Law is amended to authorize the further elimination or limitation
of the personal liability of directors, then the liability of a director of
the Registrant shall be eliminated or limited to the fullest extent permitted
by the Delaware General Corporation Law, as so amended.
Article V of the Registrant's Amended and Restated By-laws (the "By-laws")
provides for indemnification by the Registrant of its directors, officers and
certain non-officer employees (including officers and certain non-officer
employees of subsidiaries) under certain circumstances against expenses
(including attorneys fees, judgments, fines and amounts paid in settlement)
reasonably incurred in connection with the defense or settlement of any
threatened, pending or completed legal proceeding in which any such person is
involved by reason of the fact that such person is or was a director, an
officer or an employee of the Registrant if such person acted in good faith
and in a manner he or she reasonably believed to be in, or not opposed to, the
best interests of the Registrant, and with respect to criminal actions or
proceedings, that such person had no reasonable cause to believe his or her
conduct was unlawful.
The Registrant has entered into indemnification agreements with each of its
directors reflecting the foregoing provisions of its By-laws and requiring the
advancement of expenses in proceedings, if such person had no reasonable cause
to believe his or her conduct was unlawful.
The Investment and Stockholders' Agreement dated as of February 7, 1994 by
and among SAS Acquisition Corp., SAS Software, Inc., Dr. John A. Swanson, the
TA Investors (as defined therein) and Marcia S. Morton, as amended, provides
for indemnification by the Registrant of certain of its stockholders and the
controlling persons of such stockholders against claims and liabilities,
including claims and liabilities arising under the securities laws, subject to
certain limitations.
The Company carries directors' and officers' liability insurance covering
its directors and officers.
ITEM 16. EXHIBITS.
4.1 Restated Certificate of Incorporation (incorporated herein by
reference to such exhibit filed as an exhibit to the Company's
Quarterly Report on Form 10-Q for the quarter ended June 30, 1996).
II-1
<PAGE>
4.2 Amended and Restated By-laws (incorporated herein by reference to such
exhibit filed as an exhibit to Amendment No. 2 to the Company's
Registration Statement on Form S-1 (File No. 333-04278) on June 7,
1996).
5.1 Opinion of Goodwin, Procter & Hoar LLP as to the legality of the
securities being registered.
23.1 Consent of Coopers & Lybrand L.L.P.
23.2 Consent of Goodwin, Procter & Hoar LLP (included in Exhibit 5.1
hereto).
24.1 Powers of Attorney (included on the signature page of this
Registration Statement).
ITEM 17. UNDERTAKINGS.
(a) The Company hereby undertakes:
(1) To file, during any period in which offers or sales are being made
pursuant to this Registration Statement, a post-effective amendment to this
Registration Statement:
(i) To include any prospectus required by Section 10(a)(3) of the
Securities Act of 1933;
(ii) To reflect in the prospectus any facts or events arising after the
effective date of the Registration Statement (or the most recent
post-effective amendment thereof) which, individually or in the
aggregate, represent a fundamental change in the information set
forth in this Registration Statement; and
(iii) To include any material information with respect to the plan of
distribution not previously disclosed in this Registration Statement
or any material change to such information in this Registration
Statement.
provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) shall not apply if
- -------- -------
the information required to be included in a post-effective amendment by those
paragraphs is contained in periodic reports filed with or furnished to the
Commission by the registrant pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 that are incorporated by reference in this Registration
Statement;
(2) That, for the purpose of determining any liability under the Securities
Act of 1933, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial
bona fide offering thereof; and
- ---- ----
(3) To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of
the offering.
(b) The Company hereby undertakes that, for purposes of determining any
liability under the Securities Act of 1933, each filing of the
Company's annual report pursuant to Section 13(a) or Section 15(d) of
the Securities Exchange Act of 1934 that is incorporated by reference
in this Registration Statement shall be deemed to be a new Registration
Statement relating to the securities offered therein and the offering
of such securities at that time shall be deemed to be the initial bona
----
fide offering thereof.
----
(c) Insofar as indemnification for liabilities arising under the Securities
Act of 1933 may be permitted to directors, officers and controlling
persons of the Company pursuant to the foregoing provisions, or
otherwise, the Company has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against
public policy as expressed in the Act and is, therefore, unenforceable.
In the event that a claim for indemnification against such liabilities
(other than the payment by the Company of expenses incurred or paid by
a director, officer or controlling person of the Company in the
successful defense of any action, suit or proceeding) is asserted by
such director, officer or controlling person in connection with the
securities being registered, the Company will, unless in the opinion of
its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act
and will be governed by the final adjudication of such issue.
II-2
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-3 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in Canonsburg, Pennsylvania, on September 19, 1997.
ANSYS, INC.
By: /s/ Peter J. Smith
--------------------------
Peter J. Smith
Chairman, President and
Chief Executive Officer
II-3
<PAGE>
POWER OF ATTORNEY
Each person whose signature appears below constitutes and appoints Peter J.
Smith and John M. Sherbin II, and each of them, as her or his true and lawful
attorney-in-fact and agent, with full power of substitution, for her or him
and in her or his name, place and stead, in any and all capacities to sign any
or all amendments or post-effective amendments to this registration statement
(or any registration statement for the same offering that is to be effective
upon filing pursuant to Rule 462(b) under the Securities Act of 1933), and to
file the same, with all exhibits thereto and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as he might or could do in
person, hereby ratifying and confirming all that said attorney-in-fact and
agent or her or his substitute may lawfully do or cause to be done by virtue
hereof.
Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed below by the following persons in the
capacities and on the date indicated.
SIGNATURE TITLE DATE
--------- ----- ----
/s/ Peter J. Smith Chairman of the Board of September 19, 1997
- ------------------------- Directors,
Peter J. Smith President and Chief
Executive Officer
(Principal Executive
Officer)
/s/ John M. Sherbin II Chief Financial Officer September 19, 1997
- ------------------------- (Principal Financial Officer
John M. Sherbin II and Principal Accounting
Officer)
/s/ Dr. John A. Swanson Chief Technologist and September 19, 1997
- ------------------------- Director
Dr. John A. Swanson
/s/ Jacqueline C. Morby Director September 19, 1997
- -------------------------
Jacqueline C. Morby
/s/ Roger B. Kafker Director September 19, 1997
- -------------------------
Roger B. Kafker
/s/ Gary B. Eichhorn Director September 19, 1997
- -------------------------
Gary B. Eichhorn
/s/ Roger J. Heinen, Jr. Director September 19, 1997
- -------------------------
Roger J. Heinen, Jr.
/s/ John F. Smith Director September 19, 1997
- -------------------------
John F. Smith
II-4
<PAGE>
EXHIBIT INDEX
<TABLE>
<CAPTION>
EXHIBIT
NO. DESCRIPTION
------- -----------
<C> <S>
4.1 Restated Certificate of Incorporation (incorporated herein by
reference to such exhibit filed as an exhibit to the Company's
Quarterly Report on Form 10-Q for the quarter ended June 30, 1996).
4.2 Amended and Restated By-laws (incorporated herein by reference to such
exhibit filed as an exhibit to Amendment No. 2 to the Company's
Registration Statement on Form S-1 (File No. 333-04278) on June 7,
1996).
5.1 Opinion of Goodwin, Procter & Hoar LLP as to the legality of the
securities being registered.
23.1 Consent of Coopers & Lybrand L.L.P.
23.2 Consent of Goodwin, Procter & Hoar LLP (included in Exhibit 5.1
hereto).
24.1 Powers of Attorney (included on the signature pages of this
Registration Statement).
</TABLE>
<PAGE>
EXHIBIT 5.1
GOODWIN, PROCTER & HOAR LLP
COUNSELORS AT LAW
EXCHANGE PLACE
BOSTON, MASSACHUSETTS 02109-2881
September 19, 1997
ANSYS, Inc.
Southpointe
275 Technology Drive
Canonsburg, Pennsylvania 15317
Ladies and Gentlemen:
This opinion is furnished in connection with the filing by ANSYS, Inc., a
Delaware corporation (the "Company"), with the Securities and Exchange
Commission under the Securities Act of 1933 (the "Act"), of a Registration
Statement on Form S-3 (the "Registration Statement") relating to 22,500 shares
of Common Stock, par value $.01 per share ("Common Stock"), of the Company
(the "Registered Shares") which may be issued to the selling securityholders
upon the exercise of options to purchase Common Stock which were issued
without registration under the Act in transactions not involving public
offerings (the "Options") pursuant to option agreements (the "Option
Agreements").
In connection with rendering this opinion, we have examined the Certificate
of Incorporation and By-Laws of the Company, each as amended to date; such
records of the corporate proceedings of the Company as we deemed material;
copies of each of the Option Agreements; and such other certificates,
receipts, records and documents as we considered necessary for the purposes of
this opinion. In our examination, we have assumed the genuineness of all
signatures, the legal capacity of natural persons, the authenticity of all
documents submitted to us as certified, photostatic or facsimile copies, the
authenticity of the originals of such copies and the authenticity of
telephonic confirmations of public officials and others. As to facts material
to our opinion, we have relied upon certificates or telephonic confirmations
of public officials and certificates, documents, statements and other
information of the Company or representatives or officers thereof.
We are attorneys admitted to practice in The Commonwealth of Massachusetts.
We express no opinion concerning the laws of any jurisdictions other than the
laws of the United States of America and The Commonwealth of Massachusetts and
the Delaware General Corporation Law.
Based upon the foregoing, we are of the opinion that, upon the exercise of
the Options and payment for the Registered Shares as set forth in each of the
Option Agreements, the Registered Shares will be validly issued and will be
fully paid and nonassessable.
The foregoing assumes that all requisite steps were taken to comply with the
requirements of the Act and applicable requirements of state laws regulating
the offer and sale of securities.
We hereby consent to the filing of this opinion as an exhibit to the
Registration Statement and to the reference to us with respect to this opinion
under the heading "Legal Matters" in the Prospectus which is a part of such
Registration Statement.
Very truly yours
/s/ Goodwin, Procter & Hoar LLP
GOODWIN, PROCTER & HOAR LLP
<PAGE>
EXHIBIT 23.1
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the incorporation by reference in this registration statement
of ANSYS, Inc. on Form S-3 (File No. ) of our report dated February 7,
1997 on our audits of the consolidated financial statements and financial
schedule of ANSYS, Inc. as of December 31, 1996 and 1995, and for the years
ended December 31, 1996 and 1995 and for the period March 14, 1994 through
December 31, 1994, which report is included in the annual report on Form 10-K
of ANSYS, Inc. for the year ended December 31, 1996.
We also consent to the reference to our firm under the heading "Experts" in
the Prospectus, which is part of this Registration Statement.
Coopers & Lybrand L.L.P.
Pittsburgh, Pennsylvania
September 19, 1997
