MFIC Corporation, through its wholly owned subsidiary, Microfluidics Corporation, specializes in manufacturing and marketing a line of Microfluidizer high shear fluid materials processing systems used in numerous applications in the coatings, pharmaceutical, biotech, food and cosmetics industries. Microfluidizer high shear fluid processor systems are produced at the Microfluidics Division. Until its sale on February 9, 2004, the Company operated its Morehouse-COWLES Division, which manufactured and sold a line of mechanical fluid materials processing systems used for a variety of grinding, dispersing, milling and blending applications across a variety of industries. The Morehouse-COWLES Division, which was sold to NuSil, manufactured and distributed high shear dispersers, dissolvers, colloid mills, horizontal media mills and vertical media mills, and sold grinding media for such equipment.