Los Angeles, CA-February 21, 2008
--Material Technologies Inc. (OTCBB:
MTTG-News;
"MATECH") announced today it has formed a strategic
alignment with Smith Emery Company, a Los Angeles based engineering,
materials testing, and inspection firm.
Smith Emery Company, established in 1904, began performing
independent inspection and testing on commercial building structures
following the San Francisco Earthquake-Fire of 1906. The company
now employs over 400 people in the state California with an
office in China as well. Over 150 Licensed Deputy Building
Inspectors are dispatched daily to construction sites for visual
and nondestructive examination of concrete, masonry, soil,
structural steel, welding, fireproofing, etc. Smith Emery Laboratories
includes five certified materials testing laboratories. Under
the direction of civil engineers, technicians test all construction
materials including concrete, grout, mortar, cable, rebar,
steel "I" beams, asphalt, soils, and aggregates.
Testing services for building faces, tiles, marble, granite,
roof materials, skylights, Jacuzzi bathtubs and sinks are also
provided.
Ms. Marybeth Miceli, MATECH's COO, says, "It is clear that
Smith Emery Company's talented work force will be able to easily
execute bridge inspection contracts using MATECH's Electrochemical
Fatigue Sensor (EFS) system. This is a critical milestone in
ramping up our inspection capabilities as demand grows for the
EFS on the west coast, as well as in China."
Engineers and technicians from Smith Emery Company have already
been trained to install sensors, acquire data, and analyze data
using MATECH's EFS system. Additionally, they have accompanied
MATECH's personnel in the field, performing an inspection together.
Robert M. Bernstein, MATECH's CEO, says, "Both companies
are extremely pleased with this alignment. Smith Emery Company
now has access to the only technology that detects growing cracks
in bridge structural members and MATECH has expanded its capabilities.
It is of great benefit to everyone involved."
About Material Technologies (MTTG.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 nondestructive testing technology able
to find growing cracks as minute as 0.01 inches. 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.
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.
11661 San Vicente Blvd.
Los Angeles, CA 90049
1.310.208.5589
matech@matechcorp.com
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