Scientific Industries Reports Earnings for Quarter and Nine Months

BOHEMIA, N.Y., May 18, 2009 (GLOBE NEWSWIRE) -- Scientific Industries, Inc.
(OTCBB:SCND) reported for the three and nine month periods ended March 31, 2009
net income of $57,000 ($.05 per basic share) and $98,700 ($.08 per basic share),
respectively, on net sales of $1,423,700 and $4,151,000, respectively. For the
three and nine month periods ended March 31, 2008 net income was $49,300 ($.048
per basic share) and $292,200 ($.25 per basic share) on net sales of $1,381,800
and $4,727,700, respectively.

The $7,700 (16%) increase in net income for the three month comparative periods
was due mainly to higher profits derived by the benchtop laboratory equipment
operation. The $193,500 (66%) reduction in the net income for the nine month
comparative periods was due primarily to the loss incurred by the Company's
catalyst research instrument operation in the current period.

Ms. Helena R. Santos, the Company's Chief Executive Officer, stated that while
the results, particularly for the catalyst research instruments operation,
reflect current general economic conditions, the Company has an overall strong
financial position, and believes to have the ability to generate sufficient
profits to sustain it through this economic downturn.

About Scientific Industries

Scientific Industries designs, manufactures, and markets a variety of laboratory
equipment, including the world-renowned Vortex-Genie(r) Mixer, and produces and
sells customized catalyst research instruments. Scientific Industries' products
are generally used for research purposes in laboratories of universities,
hospitals, pharmaceutical companies, chemical companies, and medical device
manufacturers.

The Scientific Industries logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=715

"Statements made in this press release that relate to future events, performance
or financial results of the Company are forward-looking statements which involve
uncertainties that could cause actual events, performance or results to
materially differ. The Company undertakes no obligation to update any of these
statements. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak as to the date hereof. Accordingly, any
forward-looking statement should be read in conjunction with the additional
information about risks and uncertainties set forth in the Company's Securities
and Exchange Commission reports, including our annual report on Form 10-KSB."

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CONTACT: Scientific Industries, Inc.
888-850-6208
Fax: 631-567-5896
info@scientificindustries.com
www.scientificindustries.com