Simulations Plus Announces Large Consulting Contract; Company Underscores Guidance At Fiscal Year End

LANCASTER, Calif.--(BUSINESS WIRE)--Aug. 31, 2006--Simulations Plus, Inc. (AMEX:SLP), a leading provider of simulation and modeling software for pharmaceutical discovery and development, announced today that it has signed a new, multi-year consulting contract with a top ten pharmaceutical company that will significantly fund the further development of its flagship GastroPlus(TM) software program.

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