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VirtualScopics Reports Dr. Mostafa Analoui Elected Chairman of the Board
Date:8/16/2013

ics for several years, serving as CEO and on the Board of Directors, including as Chairman of the Board since 2007. His continued participation on the Board will further add to his contributions to the company."

In addition, the company received authorization from the stockholders at the annual meeting on August 13, 2013, to effectuate a reverse stock split. The reverse stock split is intended to help the company regain compliance with the minimum $1 bid price per share requirement for listing on the NASDAQ Capital Market.  The Company is planning to affect the reverse stock split in the near future.About VirtualScopics, Inc.
VirtualScopics, Inc. is a leading provider of imaging solutions to accelerate drug and medical device development.  VirtualScopics has developed a robust software platform for analysis and modeling of both structural and functional medical images.  In combination with VirtualScopics' industry-leading experience and expertise in advanced imaging biomarker measurement, this platform provides a uniquely clear window into the biological activity of drugs and devices in clinical trial patients, allowing sponsors to make better decisions faster.  For more information about VirtualScopics, visit www.virtualscopics.com.CONTACTS:Company Contact:Molly HendersonChief Business and Financial Officer, Sr. Vice President500 Linden OaksRochester, New York 14625+1 585 249.6231Forward-Looking StatementsThe statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created thereby. These forward-looking statements include, but are not limited to, statements regarding the Company's attempts to regain compliance with Nasdaq listing requirements, the expec
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SOURCE VirtualScopics, Inc.
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