Milestone Scientific Commences Trading On The OTC Bulletin Board

LIVINGSTON, N.J., Sept. 1 /PRNewswire-FirstCall/ -- Milestone Scientific Inc. (OTC Bulletin Board: MLSS - News), which develops, manufactures, and markets 'intelligent' computer controlled injection systems for medical and dental markets, today announced that its common stock will commence trading on the National Association of Securities Dealers' Over-the-Counter Bulletin Board (OTCBB) under the symbol "MLSS" on September 1, 2006, following the suspension of trading on the American Stock Exchange at the open of trading on September 1, 2006. The Company's warrants will trade on the OTC Bulletin Board under the symbol "MLSSW".

About Milestone Scientific Inc.

Milestone Scientific Inc. is the developer, manufacturer and marketer of CompuMed® and CompuDent® computer controlled injection systems. These systems comprise a microprocessor controlled drive unit as well as The Wand® handpiece, a single patient use product that is held in a pen-like manner for injections. The Company also sells the SafetyWand®, which incorporates engineered sharps injury protection features to aid in the prevention of accidental needlesticks. Milestone has also developed proprietary consumer (Ionic White(TM)) and professional (CoolBlue(TM)) teeth whitening systems that were introduced to the market in 2005.

In 2001, Milestone Scientific received broad United States patent protection on an enabling technology for computer controlled, pressure sensitive infusion, perfusion, suffusion and aspiration, which provides real time displays of pressures, fluid densities and flow rates, that advances the delivery and removal of a wide array of fluids. Development of this CompuFlo technology is currently underway.

The Company is headquartered in Livingston, New Jersey, and its common stock trades on the OTC Bulletin Board under the symbol "MLSS".

For additional information, please contact: Leonard Osser, CEO, at (973) 535-2717

Source: Milestone Scientific Inc.

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