Book excerpt: Electrorheological (ER) and magnetorheological (MR) fluids, which can be transformed from the liquid state into the solid state in milliseconds by applying an electric or a magnetic field, are smart fluids having the potential to revolutionize several industrial sectors. The Seventh International Conference on Electrorheological Fluids and Magnetorheological Suspensions took place at a time when some MR and ER applications were beginning to appear on the market, making a notable impact on industries. Scientists and engineers in multidisciplinary areas came together to explore the state-of-the-art technology and identify thrust areas to be focused on.This volume of proceedings collects contributions from most leading experts in the field. It reviews the most recent MR and ER applications, discusses the materials technology, explores the basic science research on ER and MR fluids, and examines the novel properties of these fluids. It provides the most up-to-date and probably the best information about the area. It can serve as a stimulating and valuable reference for research workers and students in materials science, condensed matter physics, engineering, and chemistry. The valuable information not only reports on the leading edge of research and applications, but also provides an overview of the field.