Los Angeles, CA - February 4, 2008
--Material Technologies Inc. (OTCBB:
MTTG -News;
"MATECH") held its first 4-day training for private
inspection firms last week. Company officers and inspectors
attended a four-day training in St. George, UT last week to
learn how to implement an EFS inspection, which includes: receipt
of contract, field inspection, collection and analysis of the
data, and the preparation of a report. Attendees participated
in 3 days of classroom and laboratory training with a final
day of written, practical testing on day 4.
Conventional bridge inspections are mostly visual, often done
by inspectors using binoculars from a distance. This is not an
adequate means of inspection, since 90 percent or more of the
fatigue cracks are completely missed with visual inspection alone,
according to the Federal Highway Administration. The fifty states
of the U.S. as a whole have 190,000 metal bridges, with 39,000
structurally deficient and 35,000 functionally obsolete.
MATECH's EFS is being used by states in three different ways
-- as a means of prioritizing already limited repair and rehabilitation
funds, as a traditional inspection tool since EFS finds cracks
smaller than other technologies which leads to less expensive
repairs, and as a repair/retrofit verification device.
The firms which attended the training did so at their own costs
in order to provide the EFS inspections to their existing clients
in the near future. One official stated, "This technology
will revolutionize the way we view bridge management and inspections." Companies
will be licensing the technology from MATECH in order to execute
contracts across the U.S.
Robert M. Bernstein, MATECH's CEO, says, "We are very pleased
to be partnering with these companies in order to bring this
indispensable technology to bridge owners. Already, these engineers
have come up with other uses for the technology with their existing
clients. We are all very excited about the prospects."
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.
To hear more about MTTG from CEO/President Robert M. Bernstein
go to: http://www.publiccoreport.net/featured/MTNA/company.asp
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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