Los Angeles, CA - November 16, 2007
--Material Technologies Inc. (OTCBB:
MTTG -News)an
engineering company that engages in the research and development
of technologies to monitor and measure metal fatigue, today
announced that the New York State Department of Transportation
(DOT) has selected Material Technologies to inspect a bridge
with known fatigue cracks that is later scheduled for repair.
The New York State DOT has provided Material Technologies with
technical information on the bridge of interest such that a
cost estimate can be provided. The effort will include a re-inspection
after repairs are completed, to verify that the repairs were
effective in halting any further fatigue crack growth. The
bridge is in the vicinity of Albany.
"This inspection illustrates just one of the many uses
of the Electrochemical Fatigue Sensor. New York will be using
the EFS system to inspect the bridge prior to performing repairs
and to then verify those repairs once complete," CEO Robert
Bernstein indicated. "With this approach, New York will
immediately know if the repair solved the problem. In the past
they would have needed to wait and see if the problem rematerialized
later."
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, President
Material Technologies, Inc.
1.310.208.5589
matech@matechcorp.com
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