MILESTONE ANNOUNCES CHANGE IN DISTRIBUTION FOR "THE WAND".Milestone Scientific, Inc. (AMEX AMEX
See: American Stock Exchange :MS), Livingston, N.J. has entered into an agreement with AFP (1) (AppleTalk Filing Protocol) The file sharing protocol used in an AppleTalk network. In order for non-Apple networks to access data in an AppleShare server, their protocols must translate into the AFP language. See file sharing protocol. Imaging Corporation/Dent-X (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AFPC AFPC Air Force Personnel Center
AFPC American Foreign Policy Council
AFPC Alliance de la Fonction Publique du Canada (Public Service Alliance of Canada; union)
AFPC Advanced Financial Planning Certificate
AFPC Air Force Personnel Council ) to terminate international distribution of "The Wand" through AFP by June 30, 2000.
The agreement provides for a phased termination during which Milestone will immediately begin to fill handpiece requirements of all existing and new foreign dealers throughout the world and will directly distribute "Wand" units to dealers in Japan, Great Britain Great Britain, officially United Kingdom of Great Britain and Northern Ireland, constitutional monarchy (2005 est. pop. 60,441,000), 94,226 sq mi (244,044 sq km), on the British Isles, off W Europe. The country is often referred to simply as Britain. , Germany, Israel, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , Scandinavia and certain other countries. Milestone currently serves dealers in China, Hong Kong and Taiwan. In addition, Milestone will assume responsibility for distribution to dealers in Central and South America in April 2000 and for dealers throughout the world after June 30, 2000.
"The change in Milestone's international distribution arrangements," according to Mitch Kuhn, president and COO of Milestone "will bring Milestone one step closer to the end user, allowing it to better serve the individual practitioner. It will also provide more pricing flexibility and allow cost reductions to Milestone's end users."
Donald Rabinovitch, president of AFP said that the phased termination of AFP's international distribution arrangements for Milestone's "Wand" will enable AFP to focus its international efforts on its core business, the production and sale of dental and medical imaging products, especially AFP's new dental and digital x-ray systems.
Milestone is the developer, manufacturer and marketer of The Wand (TM), a computer controlled injection system. This precision metered, local anesthetic local anesthetic
An agent that, when applied directly to mucous membranes or when injected about the nerves, produces loss of sensation by inhibiting nerve excitation or conduction. injection enables virtually painless injections to be administered consistently.
AFP Imaging is a medical equipment supplier whose imaging products are widely applied in dental and medical diagnostics. AFP's products are used by medical, dental and industrial professionals. Dental products include x-ray units, digital x-ray sensors, film processors, chemistry, video camera and panoramic units. AFP's products are sold worldwide under various brand names which include AFP, DENT-X and SENS-A-RAY 2000.
For more information, call 973/535-2717 or visit www.milesci.com .