LANCASTER, Calif.--(BUSINESS WIRE)--Simulations Plus, Inc. (AMEX:SLP), a leading provider of simulation and modeling software for pharmaceutical discovery and development, announced that it has released version 4.2 of its best-in-class ClassPharmer™ software product. ClassPharmer versions from 4.0 onward were developed from the merging of the ChemTKTM software product the Company acquired in August 2005 and the ClassPharmer 3.5 software product the Company acquired in November 2005.