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         Scientific Industries, Inc.
               70 Orville Drive
         Bohemia, New York 11716 USA


FOR IMMEDIATE RELEASE (Bohemia, NY, December 2, 2013)

Scientific Industries Announces Proposed Acquisition


Scientific Industries Inc. (OTCBB-SCND), December 2, 2013 -
Scientific Industries Inc., (the "Company") announced that
an agreement in principle has been reached with Fulcrum Inc.,
a privately held company, to acquire its laboratory and pharmacy
balance and digital scale business, including the Torbal DRX3
mechanical scale.  The purchase is subject to the execution of a
Purchase Agreement which is to provide for a consideration of cash,
shares of Common Stock of the Company, and commissions on future
sales of the products through the year ending June 30, 2017.
Scientific estimates that the total purchase consideration
value will be approximately $1,700,000.

The Purchase Agreement is to contain several conditions for
consummation of the acquisition, including the execution of a
long term supply agreement with Fulcrum?s supplier of its digital
scales and related products, and a long term employment agreement
with the Company by Fulcrum?s principal operating officer.

No assurance can be given that the Agreement will be executed
and a purchase will be concluded.




About Scientific Industries
___________________________
Scientific Industries designs, manufactures, and markets a variety
of laboratory equipment, including the world-renowned Vortex-Genie(R) 2
Mixer; produces and sells customized catalyst research instruments and
the research, development and production of bioprocessing systems and
methods. Scientific Industries? products are generally used and designed
for research purposes in laboratories of universities, hospitals,
pharmaceutical companies, chemical companies, and medical device
manufacturers.

"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
only 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-K."

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