ANSYS Announces Strategic Agreement with FMC Technologies

Released : 30 Apr 2012

PITTSBURGH, April 30, 2012 /PRNewswire/ -- ANSYS (NASDAQ: ANSS) and FMC Technologies have executed a long-term strategic agreement for simulation software that can standardize design analysis and provide scalability for growth.

The energy industry is under incredible pressure to increase efficiency, maximize recovery and decrease environmental impact. Furthermore, production equipment such as subsea trees, manifolds and wellheads must operate reliably under extreme conditions throughout increasingly longer lifetimes. In addressing these concerns, ANSYS® solutions provide multiphysics depth and breadth, accuracy, and high fidelity to deliver innovative products and processes.

"As oil and gas operations move to deeper water and more remote sites, the known engineering challenges become far more complex and require innovative new engineering solutions. Through this agreement, ANSYS and FMC can work together to address current and future industry issues," said Ahmad Haidari, global director, energy and process industries for ANSYS.

About FMC Technologies, Inc.

FMC Technologies, Inc. (NYSE: FTI) is a leading global provider of technology solutions for the energy industry. Named by FORTUNE® Magazine as the World's Most Admired Oil and Gas Equipment, Service Company in 2012, the Company has approximately 14,900 employees and operates 27 production facilities in 16 countries. FMC Technologies designs, manufactures and services technologically sophisticated systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry. For more information, visit www.fmctechnologies.com.

About ANSYS, Inc.

ANSYS brings clarity and insight to customers' most complex design challenges through fast, accurate and reliable engineering simulation. Our technology enables organizations ― no matter their industry ― to predict with confidence that their products will thrive in the real world. Customers trust our software to help ensure product integrity and drive business success through innovation. Founded in 1970, ANSYS employs over 2700 professionals, many of them expert in engineering fields such as finite element analysis, computational fluid dynamics, electronics and electromagnetics, embedded software, system simulation and design optimization. Headquartered south of Pittsburgh, U.S.A., ANSYS has more than 75 strategic sales locations throughout the world with a network of channel partners in 40+ countries.

Visit www.ansys.com for more information. The ANSYS IR App is now available for download on iTunes and Google Play. ANSYS also has a strong presence on the major social channels. To join the simulation conversation, please visit: www.ansys.com/Social@ANSYS.

ANSYS and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.

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Contact

Media:

Fran Hensler
724.514.2967
fran.hensler@ansys.com

Investors:
Annette Arribas, CTP
724.820.3700
annette.arribas@ansys.com

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Source: ANSYS, Inc.

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