LIVINGSTON, N.J., Feb. 1, 2012 (GLOBE NEWSWIRE) -- Milestone Scientific Inc. (OTCQB:MLSS), the recognized leader in advanced, computer-controlled injection technologies, today announced that it has closed on a $150,000 off-shore offering of Common Stock at $1.40 per share. This offering will result in the issuance of 107,142 shares of Common Stock.