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D'Agostino brings Milestone a wealth of finance and accounting experienceearned over 25 years serving both publicly and privately held companies. Aresults-oriented and decisive leader, he has specific proven expertise intreasury and cash management, strategic planning, information technology,internal controls, Sarbanes-Oxley compliance, operations and financial and taxaccounting. Immediately prior to joining Milestone, D'Agostino served asSenior Vice President and Treasurer of Summit Global Logistics, a publiclytraded, full service international freight forwarder and customs broker withoperations in the United States and China.
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Previous executive posts also included Executive Vice President and CFO ofHaynes Security, Inc., a leading electronic and manned security solutionscompany serving government agencies and commercial enterprises; Executive VicePresident of Finance and Administration for Casio, Inc., the U.S. subsidiaryof Casio Computer Co., Ltd., a leading manufacturer of consumer electronicswith subsidiaries throughout the world; and Manager of Accounting and Auditingfor Main Hurdman's (KPMG) national office in New York City. D'Agostino is aCertified Public Accountant and holds memberships in the American Institute ofCPA's, New Jersey Society of CPA's, Financial Executive Institute, ConsumerElectronics Industry Association and Homeland Security Industry Association.He is a graduate of William Paterson University where he earned a Bachelor ofArts degree in Science.
"Joseph is a highly qualified executive with an impressive skill set and aproven track record for building financially sound organizations with stronginternal control environments. Joseph is enthusiastic and has a passion forsuccess. He will be an excellent complementary addition to our team," statedJoe Martin, Milestone's Chief Executive Officer.
About Milestone Scientific Inc.
Headquartered in Livingston, New Jersey, Milestone Scientific is engagedin pioneering proprietary, highly innovative technological solutions for themedical and dental markets. Central to the Company's IP platform and productdevelopment strategy is its patented CompuFlo(TM) technology for the improvedand painless delivery of local anesthetic. Specifically, CompuFlo is acomputer-controlled, pressure sensitive infusion, perfusion, suffusion andaspiration technology, which provides real-time readouts of pressures, fluiddensities and flow rates, enabling the advanced delivery and removal of a widearray of fluids. The Single Tooth Anesthesia (STA(TM)) computer-controlledlocal anesthesia delivery system which uses this technology provides dentistswith audible and visual signals as to in-tissue pressure. Milestone'sexisting painless injection systems are currently sold in 25 countries. Formore information on these and other innovative Milestone products, pleasevisit the Company's web site found at http://www.milesci.com.
Safe Harbor Statement
This press release contains forward-looking statements regarding thetiming and financial impact of the Milestone's ability to implement itsbusiness plan, expected revenues and future success. These statements involvea number of risks and uncertainties and are based on assumptions involvingjudgments with respect to future economic, competitive and market conditionsand future business decisions, all of which are difficult or impossible to
