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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (date of earliest event reported): May 8, 1996
Ansoft Corporation
(Exact name of registrant as specified in its charter)
Delaware 0-27874 72-1001909
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification Number)
Four Station Square, Suite 660, Pittsburgh, PA 15219
(Address of principal executive offices) (ZIP Code)
Registrant's telephone number, including area code: (412) 261-3200
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Item 5. Other Events
The registrant's press release dated May 8, 1996 is attached hereto as
Exhibit 99 and is incorporated herein by reference.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
ANSOFT CORPORATION
Dated: May 20, 1996 By: /s/ NICHOLAS CSENDES
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Nicholas Csendes
President
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EXHIBIT INDEX
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Sequential Page No.*
Exhibit No. Description or Reference
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99 Press Release dated May 8, 1996 Filed herewith at page 4.
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EXHIBIT 99
FOR IMMEDIATE RELEASE
FOR INFORMATION CONTACT:
Tony Ryan, Ansoft Corporation
412-261-3200, FAX: 412-471-9427, INTERNET: [email protected]
CONTRACT ANNOUNCEMENTS
Pittsburgh, PA -- May 8, 1996 -- Ansoft Corporation (NASDAQ National Market
Symbol ANST) announced today that it has received a contract from the MAFET
consortium led by Texas Instruments for approximately $780,000. The objective
of the contract is to develop fast numerical algorithms and related CAE
software for the design of radio frequency (RF) integrated circuits (IC) and
multi-chip assemblies. The project is expected to span three years. Dr.
Zoltan Cendes, Ansoft's Chairman and Chief Research Scientist said, "This
provides us an opportunity to work with industry leaders in RF circuit design
such as TI, Hughes, TRW, and Raytheon. Successful development of fast RF
simulation algorithms will go a long way towards establishing Ansoft as the
industry standard for high performance design."
Separately, Ansoft Corporation announced today that its distribution agreement
with Hewlett Packard will not be renewed. The agreement, which provided for the
exclusive worldwide distribution of Ansoft's "High Frequency Structure
Simulator" ("HFSS") product, is set to expire in January 1997. Nick Csendes,
Ansoft's CEO stated, "In its formative years Ansoft benefited from the
relationship with HP. As the company continues to grow, we believe that a more
direct relationship with our customers presents the best long term opportunities
for Ansoft and our shareholders." Since January 1994, Ansoft has marketed its
Maxwell(R) Eminence product worldwide through its direct sales force and its
other distributors. Maxwell Eminence expands on the functionality of HFSS to
target the growing commercial wireless communications market.
# # #
Maxwell(R) is a registered trademark of Ansoft Corporation. Other companies
and products named are trademarks of their manufacturers.
