<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>4
<FILENAME>d56340_ex99-2.txt
<DESCRIPTION>PRESS RELEASE, JULY 22, 2003
<TEXT>
                                                                    Exhibit 99.2

                      [LETTERHEAD OF MILESTONE SCIENTIFIC]

                                                     FOR IMMEDIATE RELEASE
CONTACT
Stuart Wildhorn - Senior Vice President
Milestone Scientific Inc.
(973) 535-2717; (973) 535-2829 (Fax)
Web site: www.milesci.com

      MILESTONE SCIENTIFIC RECEIVES NOTICE OF ALLOWANCE FOR AUTOMATED RATE
                               CONTROL TECHNOLOGY

LIVINGSTON, NJ-- (BUSINESS WIRE)--July 22, 2003--Milestone Scientific Inc.
(AMEX: MS - news) today announced that the United States Patent Office has
granted a Notice of Allowance for broad patent protection on automated rate
control technology. This technology is currently used in conjunction with the
CompuDent(R) and CompuMed(R), the computer controlled local anesthetic delivery
systems previously commercialized by Milestone Scientific. Automated rate
control technology has application in a variety of infusion devices, including
CompuFlo(TM), an enabling technology for computer controlled infusion,
perfusion, suffusion and aspiration of fluids.

Invented by Dr. Mark N. Hochman, Director of R&D for Milestone Scientific this
technology provides a feature previously unavailable to medical and dental
practitioners; an automated, predictable controlled rate of emission. Once the
automated system is engaged, the fluid is delivered at a precise rate, enabling
the practitioner to focus on the patient, not the delivery device. This results
in greater accuracy of drug delivery as well as overall improved ergonomic
functionality.

"This innovative technology provides yet another advance in our core focus on
subcutaneous injection technologies, commented Stuart Wildhorn, Milestone's
Senior Vice President. I can envision incorporating this technology into other
products for drug delivery, which will provide practitioners with flexibility
unavailable in today's product. When our safety engineered sharps device is
commercialized, we will be able to demonstrate a complete solution to drug
delivery."

                        --------------------------------

Milestone Scientific is the developer, manufacturer and marketer of CompuMed(R)
and CompuDent(R) computer controlled local anesthetic delivery systems. These
systems comprise a microprocessor controlled drive unit as well as The Wand(R)
handpiece, a single patient use product that is held in a pen like manner for
injections. In 2001, Milestone Scientific received broad United States patent
protection on "CompuFlo(TM)", an enabling technology for computer controlled,
pressure sensitive infusion, perfusion, suffusion and aspiration, which provides
real time displays of pressures, fluid densities and flow rates, that advances
the delivery and removal of a wide array of fluids. In 2002, Milestone
Scientific received United States patent protection on a safety engineered
sharps technology, which allows for fully automated true single-handed
activation with needle anti-deflection and force-reduction capability.

</TEXT>
</DOCUMENT>
