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Milestone Scientific Announces 2007 Year-End Results
Date:3/31/2008

Company to Host Teleconference Tuesday, April 1, 2008 at 9:30 AM EDT

LIVINGSTON, N.J., March 31 /PRNewswire-FirstCall/ -- Milestone Scientific, Inc. (OTC Bulletin Board: MLSS), the recognized leader in advanced injection technologies, today reported its operational and financial results for its 2007 fiscal year, ended December 31, 2007.

Key Operational Highlights:

-- In February 2007, the STA(TM) System was formally unveiled to market at

the 142nd Chicago Dental Society Midwinter Meeting, one of the largest

dental trade events held annually in the United States. The award-

winning STA System is a patented Computer Controlled Local Anesthesia

Delivery (CCLAD) system that incorporates the 'pressure feedback'

elements of Milestone's patented CompuFlo(R) technology.

-- In June 2007, the Company was granted a CE Mark approval of the STA

System, giving Milestone the ability to begin marketing the instrument

to dental professionals in European Union countries and other countries

around the world that recognize the CE Mark approval process.

-- In November 2007, Milestone entered into a collaborative agreement with

a globally diversified healthcare company to conduct a feasibility

study evaluating the potential application of the Company's patented

CompuFlo technology for injecting certain medicaments produced by this

company. The initial study has been completed and Milestone is now

anticipating moving forward with this company.

-- Milestone's management team underwent significant change and

rejuvenation in 2007. In May, the Company welcomed Joe W. Martin to

its team as Chief Executive Officer of the newly formed Medical

Division. Then in December, when Leonard Osser, Milestone's Chairman

and CEO, stepped down from the chief executive post, Joe was appointed


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SOURCE Milestone Scientific, Inc.
Copyright©2008 PR Newswire.
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