EXHIBIT 99.1 Contact: Investors: Kelsey DeBriyn 724.820.3927 kelsey.debriyn@ansys.com Media: Mary Kate Joyce 724.820.4368 marykate.joyce@ansys.com Ansys Announces Q1 Financial Results / Q1 2024 Results • Revenue of $466.6 million • GAAP diluted earnings per share of $0.40 and non-GAAP diluted earnings per share of $1.39 • GAAP operating profit margin of 9.3% and non-GAAP operating profit margin of 32.2% • Operating cash flows of $282.8 million and unlevered operating cash flows of $292.7 million • Annual Co ...

Ansys multiphysics platforms support TSMC's latest silicon technologies, enabling advanced semiconductor vendors to create faster, lower power designs/ Key Highlights Ansys RedHawk-SC™ and Ansys Totem™ power integrity platforms are certified for TSMC's latest N2 nanosheet-based process technology  Ansys RaptorX™ solution for on-chip electromagnetic modeling is certified for TSMC's N5 process PITTSBURGH, April 30, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today announced the certification of its power integr ...

ANSYS Inc (ANSS) is scheduled to report first-quarter 2024 results on May 1.The performance is likely to have been driven by continued momentum for the company’s simulation solutions in various verticals like aerospace and defense (A&D), high-tech, automotive and ground transportation sectors.Rapid growth for its high-fidelity simulation solutions, led by ongoing development in artificial intelligence and machine learning, is expected to have acted as another tailwind.Ongoing momentum in the A&D sector, owi ...

Ansys (ANSS) recently announced a collaboration with Taiwan Semiconductor Manufacturing Company (“TSMC”) on the latter’s Compact Universal Photonic Engines (COUPE) platform. The collaboration aims to speed up chip-to-chip and machine-to-machine communication, thereby delivering a high-fidelity multiphysics solution of artificial intelligence (AI), datacenter, cloud, and high-performance computing (HPC) chips.COUPE is a sophisticated Silicon Photonics (SiPh) integration system and Co-Packaged Optics platform ...

Collaboration on TSMC's COUPE silicon photonics platform dramatically speeds chip-to-chip and machine-to-machine communication for cloud, datacenters, HPC, and AI chips/ Key Highlights Ansys and TSMC deliver a high-fidelity multiphysics solution to address design challenges for artificial intelligence (AI), datacenter, cloud, and high-performance computing (HPC) chips The combined effort covers a broad range of Ansys multiphysics simulation solutions, including semiconductor, thermal, electromagnetics, phot ...

Ansys (ANSS) recently introduced a modern virtual support platform known as AnsysGPT. It is an artificial intelligence (AI)-driven platform that is programmed using ChatGPT technology.The state-of-the-art platform is trained using Ansys data, which is available 24/7 to virtually assist customers by quickly responding to questions regarding Ansys products, relevant physics and other challenging engineering topics. It is a secure easy-to-use interface that aids engineers in getting real-time responses in mult ...

Ansys (ANSS) recently announced a collaboration with BAE Systems, Inc. to boost the uptake of digital and model-based systems engineering (MBSE) across Department of Defense (DoD).The companies will be working together to develop a critical digital and MBSE approach for security and defense applications. Ansys will aid clients of BAE Systems to overhaul system design, delivery and operation through an MBSE approach in alignment with DoD guideline 5000.97.Both the companies are focused on designing robust si ...

US defense agencies can leverage simulation to quickly deliver on key programs while saving significant time, resources, and costs/ Key Highlights Ansys will help BAE Systems, Inc. develop and integrate a critical digital and model-based systems engineering (MBSE) approach for security and defense applications Ansys solutions enable better decision making early in the development phase for 5G, artificial intelligence (AI) and machine learning (ML), cloud management, and digital twins Ansys' open-ecosystem ...

Ansys’ (ANSS) simulation solutions are being leveraged by a space logistics startup, The Exploration Company, to develop Nyx, a modular and reusable space vehicle. This is aimed at advancing sustainable space exploration.Nyx utilizes a methane-based propulsion system for delivering technologies to stations in Earth's orbit. These support research in various fields like microgravity, which has applications in the pharmaceutical and agricultural industries.Nyx's methane propulsion system offers a sustainable ...

Ansys' multiphysics simulation solutions advance The Exploration Company's next-generation green propulsion system/ Key Highlights Ansys Startup Program customer The Exploration Company uses Ansys solutions to develop Nyx, its orbital logistics vehicle that uses a revolutionary methane-based propellant for sustainable space exploration With Ansys multiphysics and materials data management solutions, engineers seamlessly model the Nyx propulsion, engine, and body to support a broad scope of missions planned ...