Los Angeles, CA-- September 13, 2006—Material Technologies, Inc. (OTC BB; MTNA.OB - News) ("MATECH"), is featured as a Special Situation at www.WallStreetCorner.com. Matech’s Electrochemical Fatigue Sensor (EFS) is highlighted as the only nondestructive testing technology that can find growing cracks in metals, and cracks below the surface, as small as 0.010 inches. This critical information will allow bridge engineers to fix the specific bridges in most need of repair, and also verify that repairs are effective in halting further fatigue crack growth, by determining that previously found fatigue cracks, which were repaired, are no longer growing. Being able to prioritize needed repairs by using EFS, significant cost savings can be realized, and the most critical bridges can be repaired sooner, thereby eliminating bridge postings (that is, restricting the weights of some trucks) and minimizing any adverse economic impacts.
WallStreetCorner.com’s “Special Situations” section focuses on turn-around stocks, among other types. Material Technologies, Inc. is also listed as a stock pick http://www.wallstreetcorner.com/stockpick.html.
About Material Technologies, Inc. (MTNA.OB)
MATECH is an engineering, research and development company specializing in technologies to measure microscopic fractures and flaws in metal structures and monitor metal fatigue in real time. The company’s leading edge metal fatigue detection, measurement and monitoring solutions can accurately test the integrity of metal structures and equipment including bridges, railroads, airplanes, ships, cranes, power plants, mining equipment, piping systems and heavy iron.
MATECH owns the only non-destructive testing technology able to find growing cracks as minute as 0.01 inches—critical information that allows structural engineers to isolate and repair the more than 100,000 steel bridges in the U.S. which have been classified as structurally deficient or functionally obsolete by the Federal Highway Administration. MATECH has exclusive rights to seven patents along with $8.3 million in already completed contracts from the US Government for research, testing and validation of its innovative solutions.
To hear more about MTNA from CEO/President Robert M. Bernstein go to:
http://www.publiccoreport.net/featured/MTNA/company.asp
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 |
