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MFIC Corporation CEO Featured in Exclusive Interview With WallSt.net
Thursday August 17, 7:05 pm ET
Full Interview Available at WallSt.net Website

NEWTON, Mass.--(BUSINESS WIRE)--Aug. 17, 2006--At the request of the wallst.net (WSN), Irwin Gruverman, CEO and Chairman of MFIC Corporation (OTCBB: MFIC - News; MFIC) provided the investment community with an all-new, exclusive interview. Topics covered in the interview include an overview of the Company and the markets it serves, recent press releases and financial results, current capitalization, upcoming strategic and financial milestones.

MFIC, through its Microfluidics operating unit, is an engineering-based company which provides leading high-shear fluid processing systems to the biopharmaceutical, coatings, chemicals, food and other process industries, providing unique solutions to difficult formulation needs. By delivering mixing energy at up to 10 times the level of other processors, proprietary Microfluidizer® processors can create smaller, more uniform structures in the nanometer size range. These exhibit unusual stability and desirable delivery profiles. Typical products made by users include ink-jet inks and laser toners, a large number of pharmaceuticals for injection and other routes of administration, automotive finish paints, as well as cosmetics, nutraceuticals, and flavor and fragrance ingredients.

Mr. Gruverman discussed recent record quarterly sales and profitability, MFIC's strong balance sheet, and the positive impact on current sales levels and new interest in advanced systems of an aggregate investment in R&D of more than $3,000,000 made in 2004 and 2005, which program is ongoing. He also spoke about MFIC's leadership position in nanomaterials manufacturing, enabling economic development of a wide range of nanotechnology products.

To hear the interview in its entirety, visit www.wallst.net, and click on "Interviews." Access to interviews requires free registration, and can be found either by locating the company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews/Podcasts" section of the site, or by entering the company's ticker symbol in the Search Archive window.

About MFIC CORPORATION

MFIC Corporation, through its Microfluidics subsidiary, provides patented and proprietary high performance Microfluidizer® materials processing equipment to the biotechnology, pharmaceutical, chemical, cosmetics/personal care, and food industries. MFIC applies its 20 years of high pressure processing experience to produce the most uniform and smallest liquid and suspended solid structures available, and has provided manufacturing systems for nanoparticle products for more than 15 years.

The Company is a leader in advanced materials processing equipment for laboratory, pilot scale and manufacturing applications, offering innovative technology and comprehensive solutions for nanoparticles and other materials processing and production. More than 3,000 systems are in use and afford significant competitive and economic advantages to MFIC equipment customers. For more information on MFIC and its products, please visit www.microfluidicscorp.com.

About WallSt.net

www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. www.wallst.net offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its website, WallStreet Direct organizes investor conferences, publishes a newspaper, and provides multimedia advertising solutions to small and mid-sized publicly traded companies. We are expecting to receive one hundred seventy five dollars from MFIC Corp. for the dissemination of this press release. For a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp

Contact:
Nick Iyer
Digital Wall Street, Inc.
1-800-4-WALL-ST

FORWARD LOOKING STATEMENT:

Management believes that this release and the referenced interview may contain forward-looking statements that are subject to certain risks and uncertainties including statements relating to the Company's plan to attain and/or increase operating profitability and/or to achieve net profitability. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties that could cause actual results achieved by the Company to differ materially from those described in the forward-looking statements. The Company cautions investors that there can be no assurance that the actual results or business conditions will not differ materially from those projected or suggested in such forward-looking statements as a result of various factors, including but not limited to the following risks and uncertainties: (i) whether the performance advantages of the Company's Microfluidizer® materials processing equipment or that a commercial market for the equipment will continue to develop, (ii) whether the performance advantages of the Company's MMR nanoparticle production systems will be realized commercially, (iii) whether the Company will be able to increase its market penetration and market share, (iv) whether the timing of orders will significantly affect revenues and resulting net income results for particular quarters which may cause increased volatility in the Company's stock price, and (v) whether the Company will have access to sufficient working capital through continued and improving cash flow from sales, and ongoing borrowing availability, the latter being subject to the Company's ability to comply with the covenants and terms of its loan agreement with its senior lender.

Contact:
MFIC Corporation
Robert P. Bruno, President & COO
Irwin Gruverman, CEO & Chairman, or
Jack M. Swig, Investor Relations
E-mail: [e-mail],
Website: www.mficcorp.com
617-869-5452

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Source: MFIC Corporation