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China National Medicines Corporation Issues Milestone Purchase Order for 12,000 STA Systems
Date:11/2/2009

PISCATAWAY, N.J., Nov. 2 /PRNewswire-FirstCall/ -- Milestone Scientific Inc. (OTC Bulletin Board: MLSS), the recognized leader in computer-controlled injection technologies, today announced that it has received a blanket purchase order from China National Medicines Corporation Ltd. for 12,000 STA Single Tooth Anesthesia Systems(TM) (STA Systems), deliverable over the next 36 months.

Leonard Osser, Chief Executive Officer of Milestone, noted, "This order serves both as validation of our award-winning technology and the growing market acceptance of the STA System. Milestone has invested significant effort over the last few months in the international arena, and we are delighted to see our efforts begin to bear fruit."

Traded on the Shanghai Stock Exchange (SHA:600511), China National Medicines Corporation, d/b/a Sinopharm, is China's largest domestic manufacturer, distributor and marketer of pharmaceuticals and importer of medical devices, and the country's largest domestic distributor of local anesthetic dental carpules to the dental profession in China today. In April of this year, Milestone granted Sinopharm exclusive distribution and marketing rights to the STA System in China. Prior to issuing this blanket purchase order, Sinopharm's orders to date have provided for the shipment of 500 STA Systems and 500,000 related disposable hand pieces to China.

According to a report published by the U.S. Department of Commerce, titled "China's Emerging Markets: Opportunities in the Dental and Dental Lab Industry," China's dental market lags behind other healthcare services and has largely been neglected in the past. In fact, CS Market Research reports that "of China's 1.3 billion plus population, 50% of the adults and 70% of the children are estimated to have decayed tooth problems, and over 90% have periodontal disease." However, with increasing affluence of the Chinese population, as well as increa
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SOURCE Milestone Scientific Inc.
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