Milestone Scientific Inc (NYSEAMERICAN:MLSS) announced Tuesday that it has signed two additional distribution agreements with Atlanta Dental and Nashville Dental for its Wand Single Tooth Anesthesia (STA) System.
Atlanta Dental and Nashville Dental are leading distributors of dental products in the US, headquartered in Georgia and Tennessee, respectively.
READ: Milestone Scientific signs deal with US Dental Depot and IQ Dental Supply for its Wand Single Tooth Anesthesia System
“In less than a month, we have expanded our network to include four new independent distributors covering key markets across the U.S. with extensive expertise and proven track records in launching new dental products,” said Arjan Haverhals, CEO of Wand Dental Inc, in a statement.
“We believe our rapid progress illustrates the positive response and growing market demand for our dental instrument. Atlanta Dental and Nashville Dental will be important additions to our distribution network as we educate dental professionals on the significant benefits of our dental instrument, including safety, efficiency, and, importantly, supporting the growth of dental practices. We believe these relationships will help boost sales of our dental instruments and drive incremental high margin, recurring handpiece sales in the coming years. We look forward to further expanding our coverage and working closely with our new distributors.”
Haverhals noted the company has begun implementing its three-year strategy to expand the world-wide global dental market and are successfully adding domestic and global distribution partners.
“We believe that with this decentralized sales strategy in combination with our increased marketing efforts, we can further grow the dental business in the future,” he added.
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