Significant Customers

6 Months Ended

Jun. 30, 2011

NOTE — 9 SIGNIFICANT CUSTOMERS

Milestone had net product sales to two customers (distributors) for the six months ended June 30, 2011 of which in the aggregated accounted for approximately 43% and three customers (distributors) which in the aggregate accounted for approximately 78% of revenue for six months ended June 30, 2010. Milestone had sales to one of these major customers (a worldwide distributor of Milestone’s products based in China) of $1,853,468 (32%) for the six months ended June 30, 2010. Accounts receivable from these three customers amounted to $1,135,282 and $533,191 representing 58% and 44% of gross accounts receivable as of June 30, 2011 and December 31, 2010, respectively.

Milestone’s sales by product and by geographical region are as follows:


	Three Months Ended June 30,
	2011		2010
Instruments	$	1,153,534	$	1,824,364
Handpieces		1,279,643		1,372,480
Other		30,942		21,825

	$	2,464,119	$	3,218,669


United States	$	1,365,685	$	1,258,856
Canada		151,383		188,239
Other Foreign		947,051		1,771,574

	$	2,464,119	$	3,218,669


	Six Months Ended June 30,
	2011		2010
Instruments	$	1,964,532	$	2,424,252
Handpieces		2,859,967		3,308,783
Other		65,608		48,212

	$	4,890,107	$	5,781,247


United States	$	2,678,252	$	2,463,827
Canada		304,508		370,509
Other Foreign		1,907,347		2,946,911

	$	4,890,107	$	5,781,247