Los Angeles, CA - August 10, 2007
--Material
Technologies Inc., (OTCBB:
MTTG.OB -
News;) stated that their patented Electrochemical Fatigue
Sensor (EFS) technology, which finds very small growing fatigue
cracks in metal structures, is able to reduce much of the
uncertainty in metal bridge inspections. Reliably knowing
whether a fatigue crack is growing or not adds a high degree
of certainty to the ability of a bridge to maintain its structural
integrity.
A growing crack should be reinforced or repaired within a
reasonable time; a non-growing crack can likely be safely
ignored until the next inspection. Thus EFS can make best
use of available repair funds. Following a repair, EFS can
immediately verify that the repair is effective, that is,
the crack is no longer growing.
MATECH recently used its EFS on several bridges in Pennsylvania.
PennDOT, the agency responsible for such repairs, likes this
technology. "It costs us money, but we can sleep at night
knowing the repair is adequate," one of their officials
said. There are also very significant potential cost savings
by identifying which cracks can be safely ignored.
The EFS works like a heart EKG. It can detect fatigue cracks
too small to see with the naked eye, and can accurately determine
if a crack is growing or not. The Federal Highway Administration
(FHWA) has stated that 90% of fatigue cracks are missed by inspectors
using visual methods, and that 56% of bridge ratings based on
these visual inspections are incorrect. There is an obvious need
for improved inspection methods, which are less dependent on
inspectors' subjectivity.
Robert M. Bernstein, MATECH's CEO, said, "MATECH has performed
more than twenty field tests on actual highway and railroad bridges
around the country using EFS, so its history and reliability
in detecting growing cracks are well known. We have every confidence
that our EFS can save many repair and rehabilitation dollars
by its timely use, as well as avoiding lane and bridge closures
which can have a devastating effect on local commerce, not to
mention avoiding potential tragedies of bridge failures."
About Material Technologies, Inc. (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. To learn more, go to www.matechcorp.com.
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 or
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