Los Angeles, CA-November 16, 2009
- MATECH Corp.
(OTC Bulletin Board: MTCH
- News)
is pleased to announce that t will perform services on bridges
for the Federal Highway Administration (FHWA) during the
remainder of 2009 and 2010. MATECH will utilize its leading
technology, the Electrochemical Fatigue Sensor (EFS) System,
in these inspections as part of the FHWA's federally mandated
Steel Bridge Testing Program (SBTP) Phase II. MATECH's EFS
System is the only nondestructive method able to detect growing
cracks in bridges as small as 0.01 inches.
A major agency of the U.S. Department of Transportation,
the FHWA is responsible for ensuring that America's roads
and highways continue to be the safest and most technologically
advanced. The FHWA provides financial and technical support
to them for constructing, improving, and preserving America's
highway system. The agency is provided an annual budget of
more than $30 billion.
This effort, set to commence the coming
weeks, will involve a week's worth of fieldwork, as well
as subsequent analysis and reporting. Results will provide
the bridge owner with invaluable information about the growth
activity of the cracks in the bridge structural steel members,
as well as the efficacy of repairs already completed on the
structures.
MATECH has a proven track record of saving bridge
owners money through improving bridge management and public
safety with its cutting edge technology, the EFS System.
Through eliminating subjectivity of inspections for cracking
in bridge members (the FHWA has stated that 90% of these
cracks are missed with visual inspection), MATECH is helping
to eliminate wasted funds by prioritizing repairs and verifying
their effectiveness immediately.
"We are very pleased
to be continuing this effort with the FHWA," said Robert
M. Bernstein, CEO of MATECH. "Results of this Steel
Bridge Testing Program will be invaluable to the industry.
We anticipate that the results of the program will represent
yet another example of the effectiveness and inherent value
of our EFS technology."
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
Email Contact
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