-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OyvF6Pdij69AzjIr/P1Jv5nIG/IdFuW8m3+b3lrv92bwl1CfnDRktdeTgdP5ibiA BfEYYRoGO92mpHRh/r0fUQ== 0001019687-01-000267.txt : 20010307 0001019687-01-000267.hdr.sgml : 20010307 ACCESSION NUMBER: 0001019687-01-000267 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010227 ITEM INFORMATION: FILED AS OF DATE: 20010301 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SIMULATIONS PLUS INC CENTRAL INDEX KEY: 0001023459 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 954595609 FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-05600-LA FILM NUMBER: 1559284 BUSINESS ADDRESS: STREET 1: 40015 SIERRA HIGHWAY STREET 2: BLDG B-145 CITY: PALMDALE STATE: CA ZIP: 93550 BUSINESS PHONE: 8052668500 MAIL ADDRESS: STREET 1: 40015 SIERRA HWY BLDG B0-110 STREET 2: 40015 SIERRA HWY BLDG B0-110 CITY: PALMDALE STATE: CA ZIP: 93550 8-K 1 0001.txt SIMULATIONS PLUS, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 February 27, 2001 ----------------- (Date of the earliest event reported) Simulations Plus, Inc. ---------------------- (Exact name of registrant as specified in its charter) California 000-21665 95-4595609 ---------- ------------ ---------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 1220 W. Avenue J, Lancaster, California 93534 --------------------------------------------- (Address of principal executive offices) (Zip Code) 661-723-7723 ------------- Registrant's telephone number, including area code ITEM 5: OTHER EVENTS. On February 27, 2001, Simulations Plus, Inc. (the "Company") issued a press release announcing certain estimated results of operations for the fiscal year ending August 31, 2001. A copy of the press release hereto is attached as Exhibit 99.1. This report on Form 8-K (the "Report"), including the disclosures set forth herein, contains certain forward-looking statements that involve substantial risks and uncertainties. When used herein, the terms "anticipates," "expects," "estimates," "believes" and similar expressions, as they relate to us or our management, are intended to identify such forward-looking statements. Forward-looking statements in this Report or hereafter, including in other publicly available documents filed with the Securities and Exchange Commission (the "Commission"), reports to the stockholders of Simulations Plus, Inc., a California corporation (the "Company" or "us," "our" or "we") and other publicly available statements issued or released by us involve known and unknown risks, uncertainties and other factors which could cause our actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. Such future results are based upon management's best estimates based upon current conditions and the most recent results of operations. These risks include, but are not limited to, the risks set forth herein and in such other documents filed with the Commission, each of which could adversely affect our business and the accuracy of the forward-looking statements contained herein. Our actual results, performance or achievements may differ materially from those expressed or implied by such forward-looking statements. ITEM 7: FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. ------------------------------------------------------------------ (c) Exhibits 99.1 Press Release dated February 27, 2001. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SIMULATIONS PLUS, INC. Dated: March 1, 2001 By: /s/ Walter S. Woltosz ------------------------------------- Walter S. Woltosz Chief Executive Officer and President EX-99.1 2 0002.txt PRESS RELEASE EXHIBIT 99.1 Simulations Plus Estimates FY 2001 Revenues Up 40% Audio Replay of the Annual Meeting Company Presentation Will Be Available on Simulation Plus' Web Site Lancaster, Calif., February 27, 2001. Simulations Plus, Inc. (OTCBB: SIMU.OB www.simulations-plus.com), a leading provider of ADME neural net and absorption simulation software for pharmaceutical discovery and development, released estimates for its fiscal year 2001 revenues at its annual meeting of shareholders on Monday, February 26, 2001. The Company estimates consolidated revenues of $5 million in the fiscal year ending August 31, 2001. This represents an increase of about 40% over the previous year. The consolidated revenue estimate is comprised of an estimated $3.5 million in sales from the Company's wholly owned Words+, Inc. subsidiary, an increase of 35 percent over the previous fiscal year, and an estimated $1.5 million in sales from its pharmaceutical software and services, an increase of 67 percent over the previous fiscal year. Management emphasized that these are only estimates, and unforeseen factors could cause actual performance to be lower or higher than these estimates. Simulations Plus is preparing an audio replay of the annual meeting company presentation made by its chairman and chief executive officer, Walt Woltosz. This replay is expected to be available on the Company's Web Site, www.simulations-plus.com beginning the first week of March, 2001. Simulations Plus, Inc. is a premier developer of ground-breaking drug discovery and development simulation software, which is licensed to and used in the conduct of drug research by major pharmaceutical and biotechnology companies worldwide. The Company also has two other businesses, Words+, Inc. and FutureLab(TM), which are based on its proprietary software technologies. Simulations Plus, Inc. has headquarters in Southern California and trades on the Over the Counter Bulletin Board under the symbol "SIMU." Safe harbor statement under the Private Securities Litigation Act of 1995: With the exception of historical information, the matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of the Company could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to: continuing competitive advantage of the Company's products, the economics of the pharmaceutical and disability industries, the availability of working capital, and a sustainable market. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission. -----END PRIVACY-ENHANCED MESSAGE-----