MILESTONE SCIENTIFIC ANNOUNCES RESULTS OF 2010 ANNUAL MEETING
OF STOCKHOLDERS
Management to Host Teleconference on Thursday, May 13, 2010
Beginning at 4:15 PM Eastern Time
PISCATAWAY, N.J. – (PR NEWSWIRE)
– May 28, 2010 – Milestone Scientific Inc. (OTCBB:MLSS),
the recognized leader in advanced, computer-controlled
injection technologies, today announced results of its
2010 Annual Meeting of Stockholders held yesterday morning
in New York City.
At the Annual Meeting, stockholders re-elected
each of the following nominees to the Board of Directors
of the Company to serve until the next Annual Meeting of
Stockholders and until his or her successor is fully elected
and qualified: Leslie Bernhard, Leonard Osser, Leonard Schiller
and Pablo Serna. Milestone’s shareholders also ratified the
appointment of Holtz Rubenstein Reminick, LLP as the Company's
independent auditor for the 2010 fiscal year.
About Milestone Scientific Inc.
Headquartered in Livingston, New Jersey, Milestone Scientific is engaged in pioneering
advanced computer-controlled injection technologies for the medical and dental
markets; and currently sells its award-winning products through a global distribution
network serving North America, Asia, Africa and Europe. For more information
on the STA Single Tooth Anesthesia System® unit and other innovative
Milestone products, please visit the Company's web site found at www.milestonescientific.com
or follow the Company on Twitter @painlessdental or become a fan on Facebook
at Painless Dentistry.
Safe Harbor Statement This press release contains forward-looking statements
regarding the timing and financial impact of Milestone's
ability to implement its business plan, expected revenues
and future success. These statements involve a number of
risks and uncertainties and are based on assumptions involving
judgments with respect to future economic, competitive
and market conditions and future business decisions, all
of which are difficult or impossible to predict accurately
and many of which are beyond Milestone's control. Some
of the important factors that could cause actual results
to differ materially from those indicated by the forward-looking
statements are general economic conditions, failure to
achieve expected revenue growth, changes in our operating
expenses, adverse patent rulings, FDA or legal developments,
competitive pressures, changes in customer and market requirements
and standards, and the risk factors detailed from time
to time in Milestone's periodic filings with the Securities
and Exchange Commission, including without limitation,
Milestone's Annual Report for the year ended December 31,
2009. The forward looking-statements in this press release
are based upon management's reasonable belief as of the
date hereof. Milestone undertakes no obligation to
revise or update publicly any forward-looking statements
for any reason.
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Suite 810
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