Simulations Plus Announces Share Repurchase Program

Simulations Plus, Inc. (Nasdaq:SLP), the leading provider of simulation and modeling software for pharmaceutical discovery and development, announced today that its board of directors has authorized a share repurchase program effective Monday, October 27, 2008.

Ms. Momoko Beran, chief financial officer of Simulations Plus, said: The board of directors has authorized a share repurchase program enabling the buyback of up to $2.5 million in shares during a 12-month period beginning Monday, October 27, 2008. Repurchases may be made in the open market, through a broker, or through privately negotiated transactions, subject to market conditions, applicable legal requirements and other factors. See entire press release.

As of this posting SLP is currently trading at $1.13.

PCYN Announces Stock Repurchase

Procyon Corporation PCYN (.46), a Clearwater, Florida-based company whose subsidiaries include Amerx Health Care Corporation  and Sirius Medical Supply  announced today that the Board of Directors of the Company approved a plan on December 8, 2007 to repurchase shares of Procyon Corporation’s outstanding common stock. The repurchase plan authorizes management to repurchase from time to time up to 10% of the total outstanding shares of common stock as of December 8, 2007, subject to applicable SEC regulations and compliance with the Company’s trading window policies.