Los Angeles, CA-October 2, 2009
- MATECH Corp.
(OTC Bulletin Board: MTCH
- News) is
pleased to announce that the Company is working with leading
global corporation Northrop Grumman to present MATECH's revolutionary
Electrochemical Fatigue Sensor (EFS) technology to major
civil engineering firms as part of Northrop Grumman's overall
Sensor Information System (SIS) program, focused on infrastructure
information services.
MATECH and Northrop Grumman are working together to secure
the nation's infrastructure and save bridge owners money
from the cost of unnecessary and ineffective repairs. Currently,
MATECH and Northrop Grumman are in discussions with several
civil engineering firms, which are expected to result in
significant project contracts.
MATECH's EFS technology is
used to detect cracks in bridges and other structures. The
technology has proven its efficacy on over 35 bridges in
ten different states for various state DOTs (Departments
of Transportation) as well as railroads throughout the United
States. The cutting-edge technology is the only nondestructive
method able to detect growing cracks in bridges as small
as 0.01 inches.
"We are very pleased to report that
several large civil engineering firms in the United States
have shown significant interest in our EFS technology," said
Robert Bernstein, CEO of MATECH. "We will continue to
keep shareholders abreast of developments as they occur.
We anticipate announcing significant contractual developments
in the coming weeks."
About Matech Corp. (MTCH.OB)
MATECH Corp., founded in 1983, is an engineering, research
and development company based in Los Angeles, CA. The Company
specializes in technologies to measure microscopic fractures
in metal structures. MATECH is now marketing its patented
Electrochemical Fatigue Sensor (EFS) and other advanced crack-detection
technologies to bridge asset managers, railroad companies,
and governmental agencies across the United States and internationally.
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:
Stephen Taylor
Taylor Capitol, Inc.
Phone: (973) 351-3868
info@pennymover.com
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