News Release: 

Science Dynamics Completes Laurus Financing Restructuring

Pennsauken, NJ, July 26, 2006 -- Science Dynamics Corporation (OTC Bulletin Board: SIDY), a provider of advanced technological solutions to key government agencies and enterprise customers, announced today it has entered into an agreement to restructure its debenture with the Laurus Master Fund.

 CEO Paul Burgess said, “This restructuring represents a critical achievement for Science Dynamics.  We have agreed to pay off the entire $2 million debenture with Laurus in exchange for a waiver of previous defaults and removal of all related liens and indebtedness.  In addition to saving Science Dynamics significant fees and penalties, this agreement strengthens our balance sheet and enables us to seek additional financing more favorable to shareholder growth

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