NDT.net October 2006, Vol. 11 No.10

Material Technologies, Inc. Receives Its First Commercial Bridge Inspection Contract for Bridges in Pennsylvania

LOS ANGELES, Oct. 3 /PRNewswire-FirstCall/ -- Material Technologies, Inc. (OTC Bulletin Board: MTNA) ("MATECH") announced that it has received its first contract for non-destructive testing of three bridges in Pennsylvania at the request of that state's Department of Transportation. The Pennsylvania government has engaged MATECH's patented metal fatigue detection solutions to help ensure the structural integrity of its steel bridges. MATECH will use its Electrochemical Fatigue Sensor(TM) (EFS) for special inspections of these structures. After 10 years of research, this is Material Technologies' first commercial sale of its Electrochemical Fatigue Sensor(TM) (EFS).

The effort will be under the auspices of the engineering consulting firm Michael Baker Jr., Inc., contracted by PennDOT's Bureau of Planning and Research, to perform a research project entitled "Remote Health Monitoring and Load Modeling of Cracked Fracture Critical Bridge Components." Their contract was supplemented to include the application and evaluation of MATECH's EFS inspection method.

MATECH's Electrochemical Fatigue Sensor (EFS) technology can find growing cracks in the bridges, including cracks below the surface, as small as 0.01 inches. This critical information will allow the State's bridge engineers to fix the specific bridges in most need of repair. Using EFS, the engineers will also be able to verify that repairs are effective in halting further fatigue crack growth, by determining that previously repaired fatigue cracks are no longer growing. Being able to prioritize needed repairs, the State can realize significant cost savings. It can also repair the most critical bridges sooner, thereby eliminating the need to restrict the weights of some trucks and most important, minimizing any adverse economic impacts.

MATECH has recently received a great deal of interest from federal and state agencies, following the passage of the $286 billion Federal Transportation Bill, which included funds to help states evaluate nondestructive methods such as EFS to test growing fatigue cracks in steel bridges.

MATECH CEO Robert M. Bernstein commented: "We are extremely pleased after receiving our first commercial inspection contract from the State of Pennsylvania. 10 years of diligent research has finally allowed us to take the company to the next level and we are confident that this should be the first of many revenue streams to come. The State of Pennsylvania alone has 3500 steel bridges, of which 1/2 must be inspected every year. This contract could lead to a very substantial annual contract in Pennsylvania as well as an excellent supply of national press."

About Material Technologies, Inc. (MTNA.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 -- critical information that allows structural engineers to isolate and repair the more than 100,000 steel bridges in the US which have been classified as structurally deficient or functionally obsolete by the Federal Highway Administration. 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 MTNA from CEO/President Robert M. Bernstein go to: http://www.publiccoreport.net/featured/MTNA/company.asp or visit the company's website at http://www.matechcorp.com .

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.

Material Technologies, Inc.

SOURCE Material Technologies, Inc.

© NDT.net