Los Angeles, CA-October 8, 2009
- MATECH Corp.
(OTC Bulletin Board: MTCH
- News)
is pleased to announce that it has retained the services
of renowned marketing and public affairs consultant, David
N. Young of Global Strategy Corp. (http://www.globalstrategycorp.com),
a leading Washington, D.C. consulting firm. Related
Mr. Young
will leverage his extensive expertise and key government
contacts to aggressively market MATECH's EFS Technology to
State DOTs (Departments of Transportation), as well as bridge
owners and governments around the world.
Global Strategy
Corporation offers its clients a unique global network of
financial, economic and political resources capable of structuring
workable, manageable and sustainable solutions to significant
development challenges. The Company has successfully negotiated
and completed a variety of domestic and international projects
around the globe, and in the process, received outstanding
merit recognition from former presidents, key government,
business and leading media officials.
In more than two decades
of experience, Global Strategy Corp. Chairman David N. Young
has acted as a strategic/public affairs consultant for a
number of U.S. government agencies, including the U.S. State
and Commerce Departments, U.S. Information Agency, NATO,
and a number of Fortune 500 firms including Marriott Corp.,
BASF, and Boeing, among other major trade groups and professional
associations.
Mr. Young has decades of experience working
closely with world leaders on a variety of developmental
and funding initiatives. He has successfully implemented
projects in Africa, the former Soviet Union, Afghanistan,
Azerbaijan, Turkmenistan, South America, Europe and is currently
engaged in Asia as well. With an extensive background in
government programs and public/private partnerships, Mr.
Young has also developed a unique network of investment bankers,
private equity managers, and other development resources
across the globe.
Mr. Young's training in media and high
technology has become a significant asset in the exploding
world of new age investing. He is a former Chairman of the
Louisiana Broadband Advisory Commission, which was established
to write a five-year blueprint for the state's technology
infrastructure overhaul. In addition, he is often sought
out as a speaker and as a spokesperson on selected business
development issues. Since 1996, he has been listed in the "Who's
Who in America" (http://www.marquiswhoswho.com), the
celebrated guide to the most prominent and important Americans.
"I
am honored and excited to become part of MATECH's effort
to provide cost-effective solutions to our nation's aging
infrastructure," said Mr. Young. "State governments
around the nation are actively looking for new technologies
and advanced solutions to bridge inspection and management.
MATECH's digitally based EFS technology represents a breakthrough
in the infrastructure testing industry. The MATECH technology
could become a transformational tool for transportation officials
around the nation," he added.
"We are pleased to
welcome an expert such as David N. Young on the MATECH team," said
Robert Bernstein, CEO of MATECH. "Mr. Young's extensive
experience and knowledge working with both the federal and
state governments will be instrumental in effectively marketing
our revolutionary EFS technology to state DOTs across the
country. We are confident that his efforts will result in
a significant increase in state contracts for MATECH in both
the near and mid-terms."
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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