ROCHESTER, N.Y., Jan. 23, 2008 (PRIME NEWSWIRE) -- VirtualScopics, Inc. (Nasdaq:VSCP), a leading developer of image-based solutions to the pharmaceutical, biotechnology and medical device industries, today announced a record level of new contract awards in 2007 totaling approximately $17 million. This includes $10.8 million in signed contracts plus approximately $6 million in awarded projects that are currently under negotiation. The total awards and contract signings for 2007 exceeded the comparable amount in 2006 by 78 percent.
