Los Angeles, CA - November 6, 2007
--Material Technologies Inc. (OTCBB:
MTTG -News),
an engineering company that engages in the research and development
of technologies to monitor and measure metal fatigue, today
announced that they have nearly completed the inspection of
nine bridges throughout the State of Pennsylvania using the
company’s proprietary Electrochemical Fatigue Sensor
(EFS) system. The inspections were intended to determine if
existing cracks are growing, if cracks exist that were not
previously documented and to help the state prioritize repair
funds. Additionally, the inspections are helping Pennsylvania
determine the most effective retrofits to stiffen bridge members.
The EFS is the only practical nondestructive test method that
can immediately determine whether a crack in a bridge structural
member is growing or not. If it is growing, plans can be made
to repair or modify the structure to halt the crack growth.
If it is not growing then the crack can be safely ignored for
the time being. EFS can also be used after the repair or retrofit
is implemented to confirm that the inspected crack location
is indeed no longer growing.
“Being able to prioritize repairs to these bridges is
an invaluable result of the EFS inspection,” said Robert
M. Bernstein, CEO of MATECH. “Also, by being able to immediately
verify the effectiveness of repairs, we help to eliminate the ‘wait
and see’ method. This kind of objective information allows
bridge owners to sleep at night,” he added.
Pennsylvania has over 7,500 steel bridges in its inventory.
The national rate of structurally deficient bridges is nearly
30%. Material Technologies currently has an on-call contract
with the state of Pennsylvania to deploy its EFS system on steel
bridges across the state.
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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