Los Angeles, CA - August 14, 2007 --Material Technologies Inc., (OTCBB: MTTG.OB - News; "MATECH"), an engineering and product/service company specializing in technologies that monitor and measure metal fatigue, has been featured in BusinessWeek and Engineering News-Record (ENR), two influential and widely-read McGraw-Hill business publications, for its comments in the aftermath of the recent Minneapolis bridge collapse.

In the BusinessWeek article, featured in the magazine's "Upfront" section, the magazine discusses Matech's technology for studying the behavior of cracks in bridges. The piece highlighted the relatively low cost associated with MATECH'S Electrochemical Fatigue Sensor (EFS) technology: "A system like this can test a typical bridge for as little as $8,000." The article also noted the company's analogy that engineers can detect growing cracks similar to an electrocardiogram for the heart.

The article in Engineering News Record, a weekly magazine on the construction industry, included a more in-depth discussion of the Company's EFS System and the benefits it offers departments of transportation and municipalities.

"We are pleased to see that these reputable McGraw-Hill publications have recognized our technology as one that can save considerable sums of money - and potentially even avert a catastrophe," said Robert Bernstein, Chief Executive Officer of Material Technologies. "We hope that business and trade media outlets continue to run such coverage, as it helps to ensure that state departments of transportation realize there is a cost-effective alternative to current inspection methods."

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 or
or
The Investor Relations Group, Inc.
Investor Relations:
Christine Berni/Joe Triunfo, 212-825-3210
cberni@investorrelationsgroup.com
jtriunfo@investorrelationsgroup.com
or
Media:
Bill Douglass/Richard Wagner, 212-825-3210
bdouglass@investorrelationsgroup.com
rwagner@investorrelationsgroup.com