Milestone Scientific Announces 2011 Meeting of Shareholders

LIVINGSTON, N.J., April 7, 2011 /PRNewswire/ -- Milestone Scientific Inc. (OTCQB: MLSS), the recognized leader in advanced computer-controlled technologies, today announced that its Board of Directors has set the date of the Company's 2011 Annual Meeting of Shareholders for Thursday, June 16, 2011. The meeting will begin at 9:00 AM, Eastern Daylight Savings Time and will be held at the offices of Brown, Rudnick, LLP, located at 7 Times Square, New York City.

Shareholders of record as of the close of business on April 20, 2011 will vote on the election of  directors, approval of the  2011 Stock Option Plan authorizing  the grant of options for the purchase of up to 2,000,000 shares of Milestone's common stock, and the advisory approval of Holtz, Rubenstein, Reminick LLP as the Company's independent auditors for the current year, and such  other business as may legally come before the meeting. A notice of the meeting, along with related proxy materials, will be mailed to shareholders of record on May 6, 2011.

So that Milestone can ensure that ample seating and refreshments are arranged, shareholders are encouraged to RSVP by calling Laura Kaunitz at Milestone Scientific Inc, 973-535-2717 or [email protected].

About Milestone Scientific Inc.

Headquartered in Livingston, New Jersey, Milestone Scientific is engaged in pioneering advanced computer-controlled drug delivery technologies for the medical and dental markets, and currently sells its award-winning products through a global distribution network serving North and South America, Asia, Africa and Europe. For more information on the STA System and other innovative Milestone products and technologies, please visit the Company's websites found at www.milestonescientific.com and www.STAis4u.com.

FOR MORE INFORMATION, PLEASE CONTACT:
Milestone Scientific Inc.
Laura Kaunitz
973-535-2717 or via e-mail at  [email protected]

SOURCE Milestone Scientific Inc.

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