| Business Summary | | Milestone
Scientific
Inc.
develops,
manufactures,
markets
and
sells
equipment
and
related
disposable
or
consumable
items
and
other
products
for
use
primarily
by
the
dental
practitioner.
Company
products
focus
on
practitioner
efficiency,
patient
comfort
and
infection
control.
The
Company's
principal
product
is
The
Wand,
a
computer-controlled
painless
injection
system
enabling
the
practitioner
to
more
quickly
and
effectively
anesthetize
patients
in
certain
dental
applications.
The
Company
also
markets
a
new
disposable
handpiece,
The
Wand
Plus.
The
product
reduced
aspiration
time
from
14
to
five
seconds.
In
addition,
Milestone
markets
and
sells
SplatrFree
disposable
prophy
angles
and
Luer
Lock
needles.
Both
currently
are
sold
domestically,
directly
to
the
Company's
dental
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Milestone
Scientific,
Inc.
develops,
manufactures,
markets
and
sells
equipment
and
related
disposable
or
consumable
items
and
other
products
for
use
primarily
by
the
dental
practitioner.
For
the
six
months
ended
6/30/01,
revenues
fell
26%
to
$2.2
million.
Net
loss
rose
7%
to
$2.4
million.
Revenues
reflect
decreased
domestic
and
foreign
sales
of
equipment
units
and
handpieces
for
Wand(R).
Higher
loss
reflects
lower
margins
and
interest
income. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Leonard Osser, 52 Chairman
and CEO of the Company and Pres. and CEO of Spintech, a Su | $191K | Thomas Stuckey, 45 CFO
and Vice Pres of the Company and | 130K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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