Los Angeles, CA - October 24, 2007
--Material Technologies Inc. (OTCBB:
MTTG -News),
an engineering company specializing in technologies that monitor
and measure metal fatigue, will be featured on the History
Channel’s Modern Marvels: Engineering Disasters, to be
broadcast this Thursday, October 25, at 8 p.m. PDT. (Please
check local TV listings for other broadcast times.)
The program will discuss several recent disasters, including
the collapse of the Minneapolis I-35 Bridge on August 1, 2007.
Immediately following this tragedy, several MATECH personnel
were interviewed by local and nationwide media outlets, and
their comments will be included in the History Channel broadcast.
Robert M. Bernstein, CEO and President of MATECH, said, “While
the specific cause of this bridge collapse won’t be determined
by authorities for many months, there is federal documentation
showing current inspection practices are ineffective and often
rely solely on inspectors’ subjectivity. This Modern Marvels
episode explores some ways to help eliminate that subjectivity,
improve the overall safety of bridge structures, and avoid similar
tragedies in the future.”
Bernstein added, “There were known problems with this
bridge. We try to emphasize the need for better bridge management
through use of technologies that help owners make the right repairs
at the right time to ensure structural integrity. It is essential
that the best available inspection methods be used to determine
the status of these bridges, and I believe the emphasis in the
near term will be to improve bridge inspections, and management
by exploiting the latest proven technologies.”
About Material Technologies (MTTG.OB)
Material Technologies Inc., also known as MATECH, was founded
in 1983 and is based in Los Angeles. It is an engineering, research
and development company that specializes in technologies to measure
microscopic fractures in metal structures and to monitor metal
fatigue. The Company has already completed significant work for
the federal government -- generating $8.3 million to develop
technology to detect metal fatigue in aircraft. It has also received
$5 million in private investments. Building on that base of experience
and capital, it is now beginning to market its technologies to
companies and government agencies involved in the inspection
of metal highway and railroad bridges.
Forward-Looking Statements:
Except for the historical information contained herein, the matters
discussed in this press release are forward-looking statements.
Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "revolutionary," "should," "ideal," "extremely" and "excited." These
statements are made under "Safe Harbor" provisions
of the Private Securities Litigation Reform Act of 1995. Actual
results may differ materially from those described in forward-looking
statements and are subject to risks and uncertainties. See the
Company's filings with the Securities and Exchange Commission
including, without limitation, the Company's recent Form 10-K
and Form 10-Qs, which identify specific factors that may cause
actual results or events to differ materially from those described
in the forward-looking statements.
Contact:
Robert M. Bernstein
Material Technologies, Inc.
1.310.208.5589
matech@matechcorp.com
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