Pennsylvania to Engage MATECH'S EFS Technology

Pennsylvania to Engage MATECH'S Patented EFS Technology to Find Growing Fatigue Cracks in Highway Bridges

biz.yahoo.com/prnews/070228/law065.html?.v=95

LOS ANGELES, Feb. 28 /PRNewswire-FirstCall/ -- Material Technologies, Inc. (OTC Bulletin Board: MTTG - News; "MATECH") announced that the Pennsylvania Department of Transportation (PennDOT), following MATECH's successful non- destructive testing of three bridges in Pennsylvania at their request, has prepared an on-call contract with MATECH for the entire state.

PennDOT had engaged MATECH to use its Electrochemical Fatigue Sensor(TM) (EFS) for special inspections of the three bridges, each of which were part of interstate highways in diverse areas of the State.

At a meeting late last year with PennDOT to discuss the results of these inspections, the officials were so impressed with the work and the cost effectiveness of the results that they ordered an on-call contract with MATECH for the entire state. With only inspecting three bridges in the state, they believe MATECH has already saved them on the order of $50,000, and most likely avoided the closure of one of their main bridges (saving even more money and potentially the lives of their citizens). Because the EFS can find growing cracks and an indication of their rate of growth, PennDOT told MATECH they can sleep better at night knowing if a known crack is growing or not.

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, eliminating the need to restrict the weights of some trucks and most important, minimizing 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 detect growing fatigue cracks in steel bridges.

MATECH CEO Robert M. Bernstein commented: "We are extremely pleased that ten 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 could lead to a very substantial annual contract in Pennsylvania."

14.11.06 WallStreetCorner

www.wallstreetcorner.com/stockpick.html?ID=259&Unique=yes

This Emerging Growth Situation Could Produce Substantial Long-Term Profits

MTTG Awarded another Commercial Contract

Matech (MTTG) announced yesterday (11/13/2006) that it signed a contract to inspect a key bridge on Route NJ72 over Manahawkin Bay, after the Federal Highway Administration gave its approval to proceed with the fatigue crack testing of this bridge, which provides the only road access to New Jersey's Long Beach Island.

This inspection is scheduled to be completed during the current month, and follows Matech's contracts for the non-destructive testing of four bridges in Utah & three bridges in Pennsylvania, announced earlier this month. It will be coordinated through Arora & Associates, the inspection consultant to the NJ Department of Transportation (NJDOT). The NJDOT desires to have Matech's Electrochemical Fatigue Sensor (EFS) demonstrated on the subject bridge for purposes of evaluating its ability & usefulness for detecting & characterizing fatigue cracks.

The EFS is capable of finding growing fatigue cracks as small as 0.01 inches. This critical information will allow the State's bridge engineers to efficiently repair specific bridge defects in most need of restoration. Using EFS, the engineers will also be able to verify that repairs are effective in halting further fatigue crack growth. Being able to prioritize needed repairs, the State is expected to realize significant cost savings.

Matech has recently received a great deal of interest from federal & 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 to receive this third commercial inspection contract from New Jersey, especially after our announcements in October about the Pennsylvania & Utah agreements. It's exciting to see a decade of diligent research finally resulting in the success of commercial contracts. I am confident that the EFS will help these states to detect growing cracks in their steel bridges, greatly increasing their transportation infrastructure safety, & to realize cost savings in their bridge maintenance budgets."

Only the Tip of MTTG's Iceberg

These three contracts signal the very early beginning of substantial growth in my opinion.

EFS uses patented technology to measure fatigue damage in any metal structural members. This metal fatigue detection, measurement, & monitoring solution can accurately test the integrity of all metal structures & equipment.

It is not only for the more than 100,000 steel bridges in the U.S. which have been classified as structurally deficient or functionally obsolete by the Federal Highway Administration.

It can, & will, in my opinion, be eventually used to test railroads, airplanes, ships, cranes, power plants, mining equipment, piping systems, tunnels, etc, etc, etc. No other current state-of-the art measurement technologies can detect if a crack is growing or not, & as small as EFS can.

MTTG has exclusive rights to seven patents along with $8.3 million in already completed contracts from the U.S. Government for research, testing, & validation of its innovative solutions.

My Opinion

I first began investigating MTTG's unique technology in 1990. It went through a long period of R&D, acquisition of additional related technologies, & a series of U.S. Government development grants for specific applications of its technology.

I believe that this is a uniquely attractive situation. It's the kind I have sought after & on rare occasions identified during the past 22 years. It of course has lost money during its long R&D start-up phase. It has just recently emerged into the beginning of its commercialization phase. Its recent figures are not attractive, & in my opinion are not an indication of its future performance -- I like MTTG simply because of its long-term potential, which I feel is huge.

This situation is one that you should look into. Do your own homework before investing in any of the emerging growth companies I expose you to. This is not one to buy for the short term. Large earnings will not occur unless & until many of the initial orders result in substantial follow-on orders for additional bridges. Call MTTG at 310-208-5589 (in CA) -- matech@matechcorp.com
www.matechcorp.com

Der Erfolg des Unternehmens stehe und falle natürlich mit den finanziellen Details. Die Finanzplanungen seien viel versprechend. Sobald das EFS- Produkt in den USA erfolgreich eingeführt sei, rolle der Dollar. Im ersten Jahr gehe man von 5.000 Brückenüberprüfungen sowie 30 verkauften Überprüfungspaketen aus. Das mache dann einen Umsatz von 5,75 Mio. Dollar. Im zweiten Jahr sollten 20.000 überprüfte Brücken möglich sein, was 20 Mio. Dollar an Lizenzgebühren in die Kasse spüle. Dazu kämen 120 verkaufte Überprüfungspakete. Gesamtumsatz in diesem zweiten Jahr: 23 Mio. Dollar. Und für das dritte Jahr plane man mit 50.000 Überprüfungen und 300 verkauften Paketen. Dadurch sollten 57,5 Mio. Dollar erwirtschaftet werden.

Rechne man nun alles zusammen, ergebe sich schon im ersten Jahr der Markteinführung von EFS ein Nettoeinkommen vor Steuern von 950.000 Dollar. Im zweiten Jahr steige es auf 19,79 Mio. Dollar an, im dritten Jahr stehe dann ein Plus von 51,9 Mio. Dollar in den Büchern. Bei momentan ausgegebenen 176,3 Mio. Aktien würde dies einen Gewinn pro Aktie (vor Steuern) von 0,29 Dollar bedeuten. Im Vergleich dazu stehe der momentane Kurs der Aktie in den USA bei 0,28 Dollar. Das KGV bewegt sich nach diesen Prognosen derzeit also unter 1. Selbst wenn man noch zusätzliche Steuerbelastungen abzieht, bewegt sich das aktuelle KGV von Material Technologies zwischen 1 und 2, wenn die Vorhersagen entsprechend eintreffen.Wie viel Potenzial also im aktuellen Kurs liege, bleibe der Fantasie des einzelnen Anlegers überlassen. Unabhängige Analysten in den USA würden von einem kurzfristigen Anstieg auf 0,85 Dollar ausgehen.

MTTG is featured in an updated Profile posted at

www.WallStreetCorner.com.

This is one of the uniquely attractive situations that I have had the opportunity to identify & write about during the past 20 years. I sincerely believe that it has the type of appreciation potential that Intel, Microsoft, Xerox, IBM, & other similar situations had when they were just past their R&D phase & entering their new huge markets. If you had invested in any one of them when they were at that point in their history, it would have made you exceedingly wealthy. MTTG is in that same category in my opinion.

This situation has huge long-term appreciation potential in my opinion. It's one that you should look into before the investing public becomes aware of what it can & in my opinion will do.

An Undervalued Turn-Around

MTTG is trading at what I deem to be a very undervalued price. I call it a turn-around simply because it has emerged from its long R&D phase to its commercialization phase. Its focus has turned from development to sales & marketing -- a great time to take a position in a company.

MTTG's Profile at www.WallStreetCorner.com is a detailed 17 pages. For those of you who like brevity, MTTG specializes in technologies to measure microscopic fractures & flaws in metal structures & to monitor metal fatigue in real time.

Its leading edge metal fatigue detection, measurement, & monitoring solutions can accurately test the integrity of metal structures & equipment including bridges, railroads, airplanes, ships, cranes, power plants, mining equipment, piping systems, and heavy iron.

My Opinion: I like this situation because of its huge growing market. It has 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 U.S. which have been classified as structurally deficient or functionally obsolete by the Federal Highway Administration. MTTG has exclusive rights to seven patents and has received $8.3 million in already completed contracts from the US Government for research, testing and validation of its innovative solutions. Call 310-208-5589 & check www.matechcorp.com

Sincerely,

Larry Oakley, Editor
WallStreetCorner.com  

biz.yahoo.com/prnews/070410/latu096.html?.v=95

Follow-Up Testing at Railroad Facility Confirms EFS Technology's Worth for Accurate Bridge Crack Detection
Tuesday April 10, 4:00 pm ET

LOS ANGELES, April 10 /PRNewswire-FirstCall/ -- Material Technologies, Inc., (OTC Bulletin Board: MTTG - News; "MATECH") performed a follow-up demonstration of its Electrochemical Fatigue Sensor (EFS(TM)) technology, a patented crack detection system, at the American Association of Railroad's Transportation Technology Center ("TTC") in Pueblo, Co.


In 2006, MATECH had demonstrated its technology at TTC's FAST Track Bridge, which had previously exhibited cracking in steel members. At the time, 17 of 20 cracked locations were evaluated with the EFS system. MATECH determined that 5 of the 17 were actively growing, including one in a facture critical location.

MATECH was invited back to attend the recent conference at the TTC facility, at which time a follow-up demonstration was performed on the FAST Track Bridge. The demonstration indicated that 4 of the 5 locations originally called out as growing cracks were still growing. The fifth crack had grown to a point where it could no longer be examined by EFS due to its location, but had clearly grown since the last inspection with EFS.

Additionally, areas indicated as showing little to no crack growth during the 2006 inspection were verified as still not showing active growth. This inspection was a confirmation of the information provided to the TTC back in 2006.

Currently, MATECH is in negotiations with the American Association of Railroad and the Federal Railroad Administration to further develop the EFS hardware and software, so that it interfaces with the railroads' long-term health monitoring system.

To-date, MATECH has used the EFS technique on 13 steel bridges across the U.S. in New York, Ohio, California, Utah, New Jersey, Colorado and Pennsylvania. It has been successfully used by MATECH bridge inspectors to check for cracks in welded joints, weld toes, and cracks. Over the last decade, the Federal Government has awarded MATECH $8.3 million in contracts for research, testing and validating of EFS technology.

About Material Technologies, Inc.: (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 small 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 MTTG from CEO/President Robert M. Bernstein go to: www.publiccoreport.net/featured/MTNA/company.asp or visit the company's website at www.matechcorp.com .

biz.yahoo.com/prnews/070423/lam093.html?.v=77

Material Technologies to Verify Fatigue Crack Repairs for the Alabama DOT
Monday April 23, 4:53 pm ET

LOS ANGELES, April 23 /PRNewswire-FirstCall/ -- In February 2007, Material Technologies (OTC Bulletin Board: MTTG - News; "MATECH") met with representatives of the Alabama Department of Transportation to discuss the technical, economic, and safety advantages of its revolutionary Electrochemical Fatigue Sensor(TM)(EFS). The Alabama DOT is known for its bridge testing/inspection experience and expertise.

Since that meeting, the Alabama DOT has decided to repair a major interstate bridge with fatigue cracks and indicated it will contract with MATECH to use the EFS system to verify that those repairs were effective. The ability to verify the effectiveness of a repair is just one of the many features of the EFS system.

"We are very pleased to be working with an organization like the Alabama DOT," said MATECH CEO Robert M. Bernstein. "Our EFS technology is the only technology that can immediately verify the effectiveness of repairs. The ability to growing cracks as small as 0.01 in. is clearly of great use to bridge owners."

MATECH's proprietary EFS inspection system can satisfy new welded rail safety requirements set forth by the $286 billion U.S. Transportation Bill, known as SAFETEA-LU, signed into law in late 2005. The legislation requires, among others, each railway track operator using continuous welded rail track to include procedures to improve the identification of cracks as well as improve the methods of inspection of joint bars in continuous welded rail.

www.morningstar.ca/globalhome/industry/..._2007-04-09_14-43-00

by Peter Smith | 9 Apr 07 | | Click the print icon in your browser to print this report.

Late on April 6, Warren Buffett's Berkshire Hathaway BRK.B filed an S-4 with the Securities and Exchange Commission that revealed the firm's recent acquisition of a 10.9% stake in railroad operator Burlington Northern Santa Fe BNI. In addition, on the morning of April 9, CNBC reported that Buffett had also acquired smaller stakes in two other yet-to-be-identified North American railroads. Though we view Buffett's interest in the industry as a positive long-term signal, we will not be changing our fair value estimates for any of the railroads on the basis of this development.

We think there are several reasons why Buffett likes Burlington Northern Santa Fe. As we note in our analyst report, the proportion of BNSF's business that comes from the coal, agricultural products, and intermodal areas--three freight groups that we expect to continue to perform well in an economic downturn--is higher than that of any of its peers (for more information about these secular growth trends, please reference our June 28, 2006, Stock Strategist article). The firm is not the most profitable in the industry (Canadian National CNI and Norfolk Southern NSC both have higher operating margins), but its excellent free cash flow, strong growth characteristics, and relatively defensive revenue mix makes it a pretty solid long-term investment. In addition, the firm's return on invested capital is in excess of our estimate of its cost of capital, which has not always been the case for companies in the railroad industry, BNSF included.

In the last couple of years, all of the large North American railroads have benefited heartily from the above-referenced secular growth trends, technology-driven efficiency improvements, and challenges in the trucking industry, its primary competitor. We view Buffett's willingness to take such a large stake in BNSF, as well as smaller stakes in two other railroads, as an indication that he thinks these trends are likely to continue for many years to come.

biz.yahoo.com/prnews/070530/law153.html?.v=1

Material Technologies EFS System - The Right Tool for Montana DOT Bridges
Wednesday May 30, 4:55 pm ET

LOS ANGELES, May 30 /PRNewswire-FirstCall/ -- Material Technologies (OTC Bulletin Board: MTTG.OB - News; "MATECH ") met with representatives of the Montana Department of Transportation to discuss the technical, economic, and safety advantages of its revolutionary Electrochemical Fatigue Sensor(TM)(EFS). Like many State DOTs, the Montana DOT manages many thousands of bridges.

The failure of the Hoan Bridge in Wisconsin is the most recent, high- profile bridge failure. The failure of the Hoan Bridge created devastating impacts on the local economy and was ultimately found to have resulted from an unidentified fatigue crack. Interestingly, the bridge had been inspected within weeks of its collapse. Like several other states, Montana has over 200 bridges with multiple occurrences of the problematic Hoan Bridge detail. In working with representatives of the Montana DOT, it was determined that the EFS System is the right tool to determine if the Montana DOT has similar undetected problems

"The failure of the Hoan Bridge was a very unfortunate set of events. The most saddening fact is that it could have been avoided had the bridge owner had the right inspection tools," said MATECH CEO Robert M. Bernstein. "Our EFS technology is the only technology that can immediately verify the effectiveness of repairs. The ability to growing cracks as small as 0.01 in. is clearly of great use to bridge owners."

MATECH's proprietary EFS inspection system can satisfy new bridge inspection needs set forth by the $286 billion U.S. Transportation Bill, known as SAFETEA-LU, signed into law in late 2005. The legislation requires, among others, that the Federal Highway Administration investigate and recommend technologies for the assessment of fatigue cracks in steel bridges.

biz.yahoo.com/prnews/070627/law110.html?.v=61
Utah Interested in MATECH's Patented EFS Technology to Find Growing Fatigue Cracks in Highway Bridges
Wednesday June 27, 4:24 pm ET

LOS ANGELES, June 27 /PRNewswire-FirstCall/ -- Material Technologies, Inc. (OTC Bulletin Board: MTTG - News; "MATECH") announced that the Utah Department of Transportation (UDOT) is in discussions concerning possible use of its patented Electrochemical Fatigue Sensor (EFS) technology to inspect bridges in the state. An EFS inspection was performed on a key bridge in the state last fall.
Of the state's 840 steel bridges, 105 are considered structurally deficient and another 90 functionally obsolete. (Data as of year end 2006.) Each of these bridges must, by federal law, be inspected every two years, but if there are apparent problems the inspections may be more frequent. The potential annual revenue only from these structurally deficient and obsolete bridges from EFS inspections, at an average cost of $15,000 per inspection, competitive with other inspection technologies, could be about $1.46 million. The potential annual revenue from all the state's steel bridges is $6.3 million.

The inspections are mostly visual, done by inspectors using binoculars. This is not an adequate means of inspection, since 90 percent or more of the cracks that are growing are completely missed with visual inspection alone, according to the Federal Highway Administration. For comparison the fifty states of the US as a whole have 190,000 metal bridges, with 39,000 structurally deficient and 35,000 functionally obsolete.

MATECH's EFS measures the activity of growing cracks in metal bridges under ordinary traffic conditions, similar to the way an EKG monitors the heart. It has proven a very reliable way to determine whether an observed crack in a metal structure is growing or not. A growing crack is an indicator of fatigue damage, and calls for a means of halting the growth by a repair or bridge member replacement or adding local support. A non-growing crack can be safely ignored.

Robert M. Bernstein, MATECH's CEO says "MATECH has performed close to twenty field tests on actual highway and railroad bridges around the country, and we have every confidence that our EFS can save many repair and rehabilitation dollars by its timely use, as well as avoiding lane and bridge closures which can have a devastating effect on local commerce, not to mention avoiding potential tragedies of bridge failures."

These potential EFS inspections will be used to demonstrate to UDOT officials the efficacy of using this technology on fatigue sensitive steel bridges to determine the status of known structural cracks, and to allow an estimate to be made of potential savings by using EFS to prioritize needed repairs. Its history and reliability in detecting growing cracks are well established.

biz.yahoo.com/bw/070710/20070710005745.html?.v=1

Material Technologies, Inc. Completes Bridge Inspection for MassHighway Department
Tuesday July 10, 8:30 am ET
Company's EFS Technology yields early detection of actively growing crack

LOS ANGELES--(BUSINESS WIRE)--Material Technologies, Inc. (OTC BB: MTTG - News), an engineering and product/service company specializing in technologies that monitor and measure metal fatigue, has completed a bridge inspection of the Massachusetts Highway Department (MassHighway).

Material Technologies inspected 28 locations of a steel bridge for MassHighway of which five locations had been retrofitted using two different methods. Applying its Electrochemical Fatigue Sensor (EFS) technology, the Company verified that one retrofit was an effective method for stopping crack growth while the alternate method was not effective. This information is invaluable to MassHighway, as they will be able to implement only the effective retrofit/repair moving forward, not wasting funds on the ineffective repair. Material Technologies also identified an actively growing crack that had not been previously identified through visual inspections.

"Metal fatigue is a leading cause of bridge structural problems, said Robert Bernstein, Chief Executive Officer of Material Technologies. "This initial project for MassHighway, utilizing our proprietary EFS technology, has proved to be a beneficial collaboration as we were able to provide critical information on both the effectiveness of existing repairs as well as the presence of metal fatigue damage in an unidentified growing crack."

Bernstein continued, "Detecting this crack much earlier in its growth curve allows MassHighway to perform relatively minor repairs. These findings reinforce the value of our technology as an effective tool for measuring metal fatigue damage in bridges."

biz.yahoo.com/bw/070712/20070712005550.html?.v=1

Material Technologies, an engineering and product/service company specializing in technologies that monitor and measure metal fatigue, has been profiled in an article, "Crossing Guards," in the Los Angeles Business Journal, a leading business publication.

The article notes the Company's progress and mission to maintain a safe transportation infrastructure and reduce unnecessary bridge maintenance costs. Robert Bernstein, Chief Executive Officer of Material Technologies, Inc. , (hält 28% der Aktien) comments on the Company's strategy as it moves towards profitability through the adoption of its technology by local municipalities and state transportation departments, „I think that we will get protitable in 08.“
The article also highlights the need to implement a more accurate metal fatigue measurement like Material Technologies' EFS technology, which analyzes the behavior of cracks in bridges. The current inspection tools and methods are based on "low-tech" processes primarily visual inspections, which cannot detect growing cracks and can lead to incorrect condition ratings.
Commenting on the assessment of current inspection tools and techniques, Tom Macioce, chief bridge engineer for Pennsylvania, highlights in the article, the simplicity of using the EFS system for bridge inspections and the accuracy it delivers.“It´s a good technology.“

Robert Bernstein says he expects the company to secure several major contracts soon.
"For the past decade, we have been working diligently and efficiently to fine-tune and launch our revolutionary technology," said Robert Bernstein, Chief Executive Officer of Material Technologies. "As we continue to gain momentum with solidifying contracts for our inspection services, it's rewarding to be profiled in a leading publication like the Los Angeles Business Journal."

www.beaconequityresearch.com/...ent&task=view&id=390&Itemid=62

These products have wide-scale applications in evaluating America’s aging bridge infrastructure. Based on the recent $1.42 share price and 82.7 million shares outstanding, Matech has a $117 million market capi­talization. At this valuation, the Company trades at approximately 2.9 times projected 2008 revenues and 1.9 times projected 2009 revenues. Given the Company’s more cost-effective EFS technology and initial marketing successes, we anticipate a rapid ramp-up in revenues and believe a valuation above peer group levels is warranted by Matech’s superior growth prospects. As a result, we are initiating coverage of Materials Technologies with a Speculative Buy rating and a $3.00 price target, based on a six times Price/Sales multiple to projected 2008 revenues.
Revenue Forecast:
07 = $8,5 Millionen, 08 =$40 Millionen, 09 = $60 Millionen

biz.yahoo.com/bw/070724/20070724005644.html?.v=1

Material Technologies, Inc. Appoints Marybeth Miceli To Chief Operating Officer
Tuesday July 24, 8:25 am ET

LOS ANGELES--(BUSINESS WIRE)--Material Technologies, Inc. (OTCBB: MTTG - News), an engineering and product/service company specializing in technologies that monitor and measure metal fatigue, has appointed Marybeth Miceli to Chief Operating Officer (COO), effective immediately.

Ms. Miceli has been a consultant to Material Technologies for the past six years, and has twelve years of experience in engineering and nondestructive evaluation. She was formerly the Director of Infrastructure Engineering and Marketing for Sam Schwartz, PLLC, Engineering and Planning Consultants in New York City. She served the company in both rolls for two years. Prior to that, she was with Lucius Pitkin, Inc. Engineering Consultants of New York, where her positions included Materials Engineer, Quality Assurance Manager and Assistant Radiation Safety Officer. Among her duties was the supervision and performance of failure analysis investigations, fatigue testing investigations, and interfacing with government agencies on testing, regulations, and safety. She is a graduate of the Whiting School of Engineering at The Johns Hopkins University and holds a Masters in Science in Materials Science and Engineering from Virginia Polytechnic Institute.

"I am honored to have Marybeth Miceli join us as Chief Operating Office," said Robert M. Bernstein, Material Technologies' Chairman and Chief Executive Officer. He continued, "Marybeth's wealth of experience and extraordinary passion for her work is vital for the advancement of Material Technologies. Her past work as a consultant for the Company over the last six years has demonstrated her unique abilities. We firmly believe she is the leading expert and the perfect candidate for this job."

Marybeth is a candidate for the international Board of Directors of the American Society of Nondestructive Testing, serves on a number of national committees and councils and has previously served as the 2004 and 2005 Chairman of the Metro NY/NJ Chapter. She was also named as the Young NDT Professional of the Year in 2004. Ms. Miceli is an active member of ASCE and WTS as well. She has published numerous papers on nondestructive testing of bridge components and other related subjects.

files.mn1.com/mp3/MTTG_071307.mp3

biz.yahoo.com/bw/070802/20070801006542.html?.v=1

Material Technologies' Electrochemical Fatigue Sensor (EFS) and Fatigue Fuse Can Determine Actively Growing Cracks in Bridges and Continuously Monitor Accumulated Fatigue in Real-Time
Thursday August 2, 12:45 am ET
Expert Opinion on River I-35 Bridge Collapse in Minneapolis Available from Material Technologies, Inc.

LOS ANGELES--(BUSINESS WIRE)--Material Technologies, Inc. (OTCBB: MTTG - News) has the only nondestructive field testing device able to find growing cracks in bridge structural members as small as 0.01 inches in length and some non-surface breaking cracks - critical information that allows structural engineers to isolate and repair steel bridges in the U.S.; competing technologies do not detect crack growth.
Material Technologies, Inc.'s Electrochemical Fatigue Sensor (EFS) is a nondestructive crack inspection technology, similar in concept to a medical EKG. It can be used to determine if actively growing fatigue cracks are present. An EFS sensor is first applied to the fatigue sensitive location on the bridge or metal structure, and then is injected with an electrolyte at which point a small voltage is applied. The system subsequently monitors changes in the current response that results from the exposure of fresh steel during crack propagation. The EFS system consists of an electrolyte, a sensor array and potentiostat for applying a constant polarizing voltage between the bridge and sensor, as well as data collection and analysis software. The current response from the sensor array, which consists of a crack measurement sensor and a reference sensor, are collected, analyzed and compared with the system software. An algorithm, specifically written for this system, automatically indicates the level of fatigue crack activity at the inspection location.

Benefits:

- Replaces "wait-and-see" approach by allowing immediate detection of growing cracks at known and unknown locations, as well as at repairs
- Increases the safety of the infrastructure and the efficiency of bridge management through better and more timely fatigue crack detection
- More accurate assessment of condition ratings - extends the life of the structure through early identification and repair of growing cracks
- Determines which cracks need immediate attention and which repairs can be deferred or eliminated; helps bridge owners utilize repair and rehabilitation funds more effectively
- Repairs/retrofits can be verified immediately - no re-inspection needed

Fatigue Fuse - a sensor that continuously monitors accumulated fatigue in real time. Each sensor, which is comprised of several notched metal strips, is adhered to certain "high-stress" areas of a metal structure. As the structure experiences varying stresses and strains, individual notches crack and separate at calibrated fractions, thereby indicating the amount of fatigue life remaining.

Robert M. Bernstein, CEO, of Material Technologies commented on the River I-35 bridge collapse tragedy in Minneapolis saying: "A recent AP article stated that the May 2006 evaluation of the I-35 bridge recommended monitoring of 'fatigue cracking' on the bridge's girders. This type of tragedy can be prevented. The visual inspection techniques that are the industry standard for evaluating fatigue and cracks are simply not adequate. Our EFS and Fatigue Fuse technologies are relatively inexpensive and efficient ways to monitor growing crack issues in real-time."

Bridging the Facts
- Fatigue is one of the leading causes of bridge structural problems
- All 600,000 bridges listed in the National Bridge Inventory (NBI) require biennial inspection, as mandated by        National Bridge Inspection Standards
- Approximately $400 million is spent annually on inspection of small- to medium-size steel bridges.
- Visual Inspection is the most used inspection method, and according to the Federal Highway Association,  about 90% of fatigue cracks are missed during visual inspections
- A bridge failure (closure/ collapse) occurs once a week on average in the US - causing highway congestion, which ultimately affects economic productivity
- Average age of a bridge is greater than 50 years old - most bridges in the US are designed for a 50-year life
- 26% of U.S. bridges are not designed to handle current traffic levels or need major repairs; among the 11 Northeastern states, 39% of bridges are structurally deficient or functionally obsolete (The Road Information Program®, TRIP, 2005)

biz.yahoo.com/bw/070802/20070801006545.html?.v=1

Material Technologies Chief Engineer Comments on Bridge Disaster for Fox News, Notes Widespread Bridge Infrastructure Problem in U.S.
Thursday August 2, 12:53 am ET

LOS ANGELES & MINNEAPOLIS--(BUSINESS WIRE)--Brent Phares, Ph.D., Chief Engineer of Material Technologies Inc., (OTCBB:MTTG - News), a developer of advanced technology to monitor and measure metal fatigue, commented on today's highway bridge collapse in Minneapolis, calling the disaster a sign of America's widespread problem with its aging infrastructure. Company Chief Engineer Brent Phares made his comments during and after an interview Wednesday night on Fox News at 11:00 PM ET.

Phares said it is too early to tell exactly what caused Minnesota DOT Bridge 9340, which carries Interstate 35 W over the Mississippi River just east of downtown Minneapolis, to collapse suddenly during rush hour. But he pointed out that the bridge was 40 years old and was built at a time when vehicular traffic and weights were much less than they are today and at a time when bridge steels and redundancy where not at today's standards. At the time of the collapse, trucks, buses and passenger vehicles were bumper-to-bumper on the bridge. The bridge also had fatigue-susceptible details which were difficult to inspect.

"Our first thoughts after this horrific event must go toward the injured, the families of the victims and the heroic people who have worked to save lives at the disaster scene and at hospitals," Phares said today. "As authorities analyze the collapse and determine its cause, however, they will have to come to terms with the fact that bridge failures are not isolated, rare events, and that the risk of new tragedies from unseen metal fatigue inevitably grows as steel bridges age. There is a growing, urgent need to inspect bridges with the most advanced technology in order to prevent more tragedies like today's collapse."

Phares noted the following facts about bridges in the U.S.:

- Visual inspection is the primary method of checking bridges for possible metal fatigue and potential catastrophic failure.
- One study by the Federal Highway Administration (FHWA) found that over 90% of fatigue cracks were missed with visual inspection.
- Of all the methods (visual and non-visual) used to detect cracks, only Material Technologies' Electrochemical Fatigue Sensor system can determine whether the cracks are growing. EFS can determine not only whether cracks are growing but whether they are growing slowly or rapidly.
- Over the past 10 years, on average, there have been one bridge failure in the U.S. every week.
According to federal data, 39% of the bridges in the U.S. are structurally deficient or functionally obsolete
- Federal law mandates that bridges over 20 feet long be inspected every other year, but it does not require any particular method of inspection.
- SAFETEA-LU, the federal transportation bill currently in effect, mandated that the FHWA carry out a program to identify technologies that detect growing fatigue cracks in bridges. Material Technologies' EFS is part of that program and already has been used in Pennsylvania. It also has been used in New Jersey, Massachusetts and Utah. Overseas, bridge owners in Australia, the U.K. and elsewhere have shown interest in deployment of the EFS in the near future.

biz.yahoo.com/bw/070803/20070803005610.html?.v=1

Material Technologies Inc. Receives Capital Boost as European Institutional Investors Exercise Warrants
Friday August 3, 4:15 pm ET

LOS ANGELES--(BUSINESS WIRE)--Material Technologies Inc. (OTCBB: MTTG - News), a developer of advanced technology to monitor and measure metal fatigue, today reported that its European institutional investors have committed more capital by exercising warrants from a round of equity financing arranged earlier this year through Continental Advisors SA of Luxembourg.
The investors include leading firms Julius Baer Asset Management of Zurich, Switzerland, and Anima Funds of Milan, Italy. Fund managers cited the potential of Material Technologies' EFS technology to detect cracks in aging bridges and infrastructure in the U.S. and Europe. EFS best utilizes bridge and rail maintenance funds by finding cracks early on, so that they can be repaired quickly and inexpensively before a failure is imminent.

"Once a competitive advantage, the U.S. infrastructure from roads and bridges to pipelines and sewage is becoming a growing liability and a new focus for the government. Material Technologies is favorably positioned to benefit from this renewed spending cycle," said Alexander Shalash, Executive Director and fund manager for Julius Baer Asset Management.

Materials Technologies now has the necessary capital to continue its expansion and marketing campaign to further add municipalities, states and countries in need of disaster-averting EFS technology to the list of its clients.

"This decision by high-profile money managers to commit significant new equity capital is a strong vote of confidence for the future of this company and of its technology," said Material Technologies CEO Robert M. Bernstein. "It enables us to meet our capital needs for the foreseeable future, and it recognizes the potential demand for EFS technology, especially amid safety concerns that have been heightened by this week's bridge collapse in Minnesota."

biz.yahoo.com/bw/070808/20070808005220.html?.v=1

Material Technologies' Work Achieves National Media Coverage Following Bridge Collapse Tragedy

In Aftermath of Minneapolis Bridge Collapse, Company Reiterates its Mission to Provide Cost-Effective, Technologically Advanced and Accurate System for Detecting Growing Cracks in Steel to Help Prevent Future Bridge Collapses

LOS ANGELES--(BUSINESS WIRE)--Material Technologies, Inc. (OTC BB: MTTG - News) has received extensive national print and broadcast media coverage in the past week as news media outlets have called on the expertise of company management to explain the reasons for the tragic I-35 bridge collapse.

Among the national broadcast news programs and stations which featured Company management were "CBS Evening News with Katie Couric," MSNBC, ABC, CNN and several programs on Fox News Channel including, "The O'Reilly Factor," "Fox and Friends," FOX News, "The Morning Show with Mike and Juliet" and WNYW Fox 5's "Good Day New York" and 48 other broadcast media outlets nationwide. Print coverage included Newsday, The New York Daily News, The Toronto Star and Electronic Engineering Times.

"The tragedy in Minneapolis has clearly demonstrated that without a technologically advanced and accurate system for finding cracks in metal, these cracks will inevitably spread, leading to a serious undermining of highway safety and unnecessary loss of lives," said Robert M. Bernstein, CEO of Material Technologies. "We have developed an effective method to pinpoint growing cracks as small as .01 inches, and we've shown that a simple inspection using our system is worth millions of dollars and will save lives." The EFS (Electrochemical Fatigue Sensor) he noted, measures the activity of growing cracks in metal bridges during ordinary traffic conditions, similar to the way an EKG monitors a heart.

Mr. Bernstein said visual inspection is the primary method of checking bridges for possible metal fatigue and potential catastrophic failure, noting that the Federal Highway Administration found that over 90% of the fatigue cracks were missed with visual inspection. "Material Technologies' EFS system is the only one that can determine not only whether cracks are growing, but also if they are growing slowly or rapidly, and whether these cracks pose an immediate threat," Mr. Bernstein stated.

www.welt.de/welt_print/article1091947/American_Frontiers.html
LEITARTIKEL

American Frontiers

Amerika sei ein "erstaunliches Land, in dem es der erste Instinkt der Menschen ist, Leben zu retten". So rühmte George W. Bush in Minneapolis einen der Retter der Schulkinder von der gefallenen Brücke. Niemand wird dem Präsidenten widersprechen, auch wenn es der zweite Instinkt des Helden gewesen wäre. Amerikaner können in Krisen fabelhaft sein. Nicht minder staunen machen können jeden, der am Alltag der Vereinigten Staaten teilnimmt, Gleichgültigkeit und Gleichmut, mit denen eine heikle Koexistenz von Allererster und Dritter Welt, von Hightech und Hinterwäldlertum in der eigenen Infrastruktur hingenommen wird. Was immer den Einsturz der Brücke verursacht hat - die Rede ist von zu schwerem Ausbesserungsmaterial bei zu geringer statischer Redundanz -, das wahre Wunder ist, wie gelassen Amerika mit seinen Zeitbomben lebt.
Inzwischen kennt jeder den Bericht des Ingenieurverbandes, der American Society of Civil Engineers, der 2005 der Infrastruktur des Landes, von Dämmen, Deichen, Brücken, Straßen, Flughäfen, schiffbaren Flüssen bis zur Sicherheit von Müllbeseitigung und Trinkwassergüte, ein erschreckend schlechtes Zeugnis ausstellte. Mehr als ein Viertel der 590 000 Brücken in den USA wurden als "strukturell mangelhaft" oder "funktionell obsolet" eingestuft. Was reparaturbedürftig bedeutet, noch nicht einsturzgefährdet. Ein Gutteil dieser Brücken wurde in den 1950er und 1960er-Jahren gebaut, mit wenig Stahl und wenig Geld, für ein Verkehrsaufkommen, das nach Gewicht und Zahl einer Pferdekutschenidylle näher war als dem Schwerstverkehr von heute. Selbst das Inspektionssystem gleiche, so ein Kritiker, einem Arzt, der Patienten ohne Stethoskop und Blutdruckmesser untersuche. Für Ultraschall- und Röntgenprüfungen fehle es an Geld, heißt es. Mehr noch an politischem Willen. Neue Infrastrukturprojekte machen sich im Wahlkreis besser als die Sicherung maroder Systeme, die niemand wahrnimmt. Infrastruktur ist Luft, durchsichtig, bis zum Störfall. Bis Menschen sterben.
Was so entsteht, ist, mit den Worten des Direktors des Ingenieurverbands, eine "Flickwerkmentalität". Je älter die Städte, je früher U-Bahnen, Wasser, Strom, Telekomunikation in die Erde kamen, desto beklagenswerter ist ihr Zustand heute. Amerika zahlt auf paradoxe Weise dafür, der Zeit im späten 19. und frühen 20. Jahrhundert technisch voraus gewesen zu sein. Auch für seine Verschonung von Krieg und Zerstörung. Mit dem Wildwuchs der Metropolen ("sprawl") entstand das wuchernde Suburbia, dessen Systeme so überfordert sind, dass es bei Gewittern oft genug in Verdunkelung und in Überschwemmung sinkt. Mit engelhafter Geduld oder Fatalismus nehmen Amerikaner selbst in sündhaft teuren Vororten ihre "powercuts" hin, warten lange auf die Beseitigung umstürzender Bäume und Telefonmasten. Mit ähnlicher Grandezza werden über viele Wochen Schlaglöcher in Straßen hingenommen, die Radfahrer den Hals und Autos die Achsen kosten können. In Manhattan lenkte ein explodierender Geysir Mitte Juli die Aufmerksamkeit auf ein Dampfrohrsystem aus den 1920er-Jahren. Inspekteure haben nicht die Mittel, drohende Lecks zu finden. Die New Yorker halten sich die Daumen.

Man muss das klaglose Gottvertrauen, mit dem Amerikaner ihre von Tornados verwüsteten Leichtbauhäuser wieder aufbauen, ebenso bewundern wie die Disziplin, mit der Fluggäste Stunden an Flugsteigen oder gar auf dem Flugfeld in gestrandeten Maschinen ausharren. Man kann sich jedoch auch fragen, ob eine Nation, die sich viel auf zupackenden Gründergeist zugute hält, auf befreite Völker, gewonnene Kriege, eroberten Weltraum, im eigenen Land ihren Schneid verloren hat. Eine Viertelmilliarde Steuermittel erhielten die Bundesstaaten vor zwei Jahren für Verkehrsprojekte. Wie viel davon in Lieblingsspeckprojekten von Politikern verschwand, weiß niemand. Amerika sei eine "Can't-do-Nation" ohne Know-how und Courage geworden, ihre eigenen Bürger zu schützen oder zu retten, schrieb die "Washington Post" nach dem Brückensturz. Auch mit Blick auf die tödliche Lähmung in New Orleans nach dem Hurrikan "Katrina" vor zwei Jahren: "Eine Supermacht, die ihre Schuhe nicht binden kann."

Übersteigertes Flagellantentum? Alles halb so schlimm? Manche machen die Bush-Regierungen verantwortlich, die über ihre Fixierung auf den Anti-Terror-Krieg den Kampf gegen Materialermüdung daheim verliere. Andere sagen, zu viel Outsourcing, Steuergeschenke, Misstrauen gegen Bundesbehörden hätten das Land innen geschwächt. "Als Amerikaner finden wir immer einen Weg, unsere Probleme zu lösen." Daran glaubten 2002 noch 74 Prozent, in diesem Jahr sind es nur mehr 58 Prozent. Amerika verliert Selbstvertrauen und viel Geld, indem es nicht genug in sich selbst investiert. Die Börse sieht das kalt. Am Tag nach dem Brückenfall stiegen Aktien von Unternehmen, die am Infrastrukturwandel verdienen würden, um vier Prozent. Die Frontier, die es zurückzuerobern gilt, liegt in Amerika. Überall.

biz.yahoo.com/bw/070809/20070809005383.html?.v=1

Letter to Shareholders
09.08.07

Dear Shareholder,
I am writing today to bring you up to date on the progress being made by Material Technologies Inc. (MATECH) toward meeting its strategic goals. Bottom line: The news is good. MATECH has completed its long technology-development phase and is now taking its technology to market, with impressive results. Our list of current and potential customers is growing, and Wall Street is taking notice.

As I write this, MATECH stock is up more than 29% over just the past week. Granted, it has been an eventful week for our industry, with the tragic highway bridge collapse in Minneapolis raising fresh concerns about the safety of bridges all over the nation and generating significant media attention for us. But I believe that investors also see MATECH's signature technology, the Electrochemical Fatigue Sensor (EFS) system, as the best means available to address those safety concerns quickly and cost-effectively.

We recently received another vote of investor confidence from an important and influential group of money managers. European institutional investment firms exercised MATECH warrants they had received in a round of equity financing earlier this year. Included here were big names, such as Julius Baer Asset Management of Switzerland and Anima Funds of Italy. The fund managers cited the potential of MATECH's EFS technology to detect cracks in aging bridges and infrastructure in the U.S. and Europe. One of them, Julius Baer Executive Director Alexander Shalash, foresaw a "renewed spending cycle" to repair aging U.S. infrastructure and said MATECH is "favourably positioned to benefit" from it.

Of course, the warrant exercise also helps us by adding to our capital. With our low burn rate and our expectation of rapid revenue growth in the near term, we are now confident that we have sufficient funds to finance our operations for the foreseeable future. In short, we are poised for rapid growth, starting now.
Already, the EFS system has been used by highway departments in Pennsylvania, Utah, Massachusetts and New Jersey. The Pennsylvania deployment is the farthest along, with MATECH benefiting from an "on-call" inspection contract under which the state could use the EFS system as needed, anywhere in the state. Five such inspections have been completed, and several more were under way this summer. And this is just scratching the surface. According to 2006 figures from the Federal Highway Administration, 2,610 of Pennsylvania's 7,605 steel bridges are structurally deficient and another 1,651 are functionally obsolete. We also have been asked in recent months to demonstrate EFS in New York and to use it for verifying crack repairs in Alabama. Overseas, we have met with bridge owners in Australia, the U.K. and elsewhere and they have expressed serious interest in using EFS.

These officials recognize - and many others will come to recognize - that EFS is simply the best technology for testing bridges when judged by accuracy, cost and ease of use. In laboratory tests, it has detected metal-fatigue cracks as small as 0.0004 inch wide and 0.001 inch long. Cracks this size are far too small to be picked up with visual inspection alone or by other methods of inspection in use today, such as acoustic emission (the exciting of metal structures and analysis of resulting sound waves). Eddy current testing, which uses electromagnetic effects to inspect metal structures, is effective at detecting small cracks, but even it can miss cracks that EFS detects. Most importantly, it cannot determine if the crack is growing. EFS can, and this is a crucial advantage.

By measuring ongoing metal fatigue, EFS enables highway agencies to focus on active cracks, which need immediate attention. Knowing the difference is critical to both safety and cost-effectiveness. It helps direct repair money to where it is most needed. Additionally, the EFS is far more effective than these "health monitoring" systems by providing direct measurement of fatigue crack activity. It does this at a fraction of the cost of the extensive strain gauging and modeling that the health monitoring systems use.
Another MATECH technology, the "Fatigue Fuse" sensor, is available to fill the gaps between EFS inspections by monitoring accumulated fatigue in real time. Each Fatigue Fuse, consisting of several notched metal strips, is placed on a high-stress area of a metal structure. As the structure experiences stresses and strains, individual notches crack and separate at calibrated fractions, thereby indicating the amount of fatigue life.
MATECH thus can offer highway agencies and private-sector bridge owners (railroads, for instance) a full safety package based on periodic inspection (EFS) and continuous monitoring (Fatigue Fuse). With no other company providing comparable technology, we have a huge, largely untapped market open to us. To give you some idea of that market's size, in U.S. highway bridges alone, here are some facts:

Under federal law, nearly 190,000 steel highway bridges are subject to inspection every two years. In other words, the number of annual inspections for which EFS could be used is nearly 95,000.

According to federal data, 39% of the bridges in the U.S. are structurally deficient or functionally obsolete.
In 2006, the Federal Highway Administration (FHWA) classified 39,496 steel highway bridges as structurally deficient. Another 34,951 were labeled functionally obsolete.

Over the past 10 years, on average, a bridge failure (closure or collapse) occurs once a week on average in the U.S.

The average age of U.S. bridges is greater than 50 years, and most bridges in the U.S. were designed for a 50-year life.

According to the Road Information Program® (TRIP), 26% of U.S. bridges in 2005 were not designed to handle current traffic levels or need major repairs. In the 11 Northeastern states, 39% of bridges are structurally deficient or functionally obsolete.

And this is just for the use of EFS on U.S. highway bridges. It does not factor in the potential revenues from Fatigue Fuse, or the use of EFS and/or Fatigue Fuse on railroad bridges and other non-highway structures where metal fatigue is a critical safety issue (these include oil rigs, nuclear power plants and offshore docking stations). Surveying the current state of U.S. infrastructure, and looking at the clear advantages of MATECH technology, you can see why experienced investors are so positive on the company's prospects.

I would like to close by thanking you for your interest in MATECH, and saluting your foresight as an investor in promising but unheralded technology. Your judgment about the prospects of EFS and MATECH is now being rewarded, as you can see from the recent appreciation in share prices. Wall Street is beginning to see what you have seen all along: There is an urgent need for reliable and efficient technology to ensure that bridges and other crucial structures are safe, and MATECH has the technology that best meets this need. I expect to be giving you more good news in the coming months, as the company's growth story progresses and reaches an ever-widening audience of investors.

Yours truly,
Robert M. Bernstein
Chief Executive Officer

biz.yahoo.com/bw/070814/20070814005629.html?.v=1

Material Technologies Featured in BusinessWeek and Engineering News Record
Tuesday August 14, 8:15 am ET
Two Leading McGraw-Hill Business Publications Discuss Company's Metal Fatigue Monitoring Technology

LOS ANGELES--(BUSINESS WIRE)--Material Technologies, Inc. (OTC BB: MTTG - News) Material Technologies, Inc. (Matech), an engineering and product/service company specializing in technologies that monitor and measure metal fatigue, has been featured in BusinessWeek and Engineering News-Record (ENR), two influential and widely-read McGraw-Hill business publications, for its comments in the aftermath of the recent Minneapolis bridge collapse.
In the BusinessWeek article, featured in the magazine's "Upfront" section, the magazine discusses Matech's technology for studying the behavior of cracks in bridges. The piece highlighted the relatively low cost associated with MATECH'S Electrochemical Fatigue Sensor (EFS) technology: "A system like this can test a typical bridge for as little as $8,000." The article also noted the company's analogy that engineers can detect growing cracks similar to an electrocardiogram for the heart.

The article in Engineering News Record, a weekly magazine on the construction industry, included a more in-depth discussion of the Company's EFS System and the benefits it offers departments of transportation and municipalities.

"We are pleased to see that these reputable McGraw-Hill publications have recognized our technology as one that can save considerable sums of money - and potentially even avert a catastrophe," said Robert Bernstein, Chief Executive Officer of Material Technologies. "We hope that business and trade media outlets continue to run such coverage, as it helps to ensure that state departments of transportation realize there is a cost-effective alternative to current inspection methods."

biz.yahoo.com/bw/071024/20071024005554.html?.v=1

Material Technologies Inc. to Be Featured on History Channel
Wednesday October 24, 4:05 pm ET

LOS ANGELES--(BUSINESS WIRE)--Material Technologies, Inc. (OTCBB:MTTG) (MATECH), an engineering company specializing in technologies that monitor and measure metal fatigue, will be featured on the History Channel’s Modern Marvels: Engineering Disasters, to be broadcast this Thursday, October 25, at 8 p.m. PDT. (Please check local TV listings for other broadcast times.)

The program will discuss several recent disasters, including the collapse of the Minneapolis I-35 Bridge on August 1, 2007. Immediately following this tragedy, several MATECH personnel were interviewed by local and nationwide media outlets, and their comments will be included in the History Channel broadcast.

Robert M. Bernstein, CEO and President of MATECH, said, “While the specific cause of this bridge collapse won’t be determined by authorities for many months, there is federal documentation showing current inspection practices are ineffective and often rely solely on inspectors’ subjectivity. This Modern Marvels episode explores some ways to help eliminate that subjectivity, improve the overall safety of bridge structures, and avoid similar tragedies in the future.”

Bernstein added, “There were known problems with this bridge. We try to emphasize the need for better bridge management through use of technologies that help owners make the right repairs at the right time to ensure structural integrity. It is essential that the best available inspection methods be used to determine the status of these bridges, and I believe the emphasis in the near term will be to improve bridge inspections, and management by exploiting the latest proven technologies.”

biz.yahoo.com/bw/071106/20071106005604.html?.v=1

Material Technologies Finalizing Inspections of Nine Pennsylvania Bridges
Tuesday November 6, 8:00 am ET

LOS ANGELES--(BUSINESS WIRE)--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 they have nearly completed the inspection of nine bridges throughout the State of Pennsylvania using the company’s proprietary Electrochemical Fatigue Sensor (EFS) system. The inspections were intended to determine if existing cracks are growing, if cracks exist that were not previously documented and to help the state prioritize repair funds. Additionally, the inspections are helping Pennsylvania determine the most effective retrofits to stiffen bridge members.

“Being able to prioritize repairs to these bridges is an invaluable result of the EFS inspection,” said Robert M. Bernstein, CEO of MATECH. “Also, by being able to immediately verify the effectiveness of repairs, we help to eliminate the ‘wait and see’ method. This kind of objective information allows bridge owners to sleep at night,” he added.

Pennsylvania has over 7,500 steel bridges in its inventory. The national rate of structurally deficient bridges is nearly 30%. Material Technologies currently has an on-call contract with the state of Pennsylvania to deploy its EFS system on steel bridges across the state.

www.smallcapvoice.com/mttg/mttg-10-31-07.php

Robert M. Bernstein, CEO and President and Marybeth Miceli, Chief Operating Officer, of Material Technologies, Inc., are the Featured Guests in an Audio Interview at SmallCapVoice.com

biz.yahoo.com/prnews/071116/laf019.html?.v=101

Material Technologies Will Inspect New York State Bridge With Their Electrochemical Fatigue Sensor Technology
Friday November 16, 9:00 am ET

LOS ANGELES, Nov. 16 /PRNewswire-FirstCall/ -- Material Technologies, Inc. (OTC Bulletin Board: MTTG - News), an engineering and product/service company specializing in technologies that monitor and measure metal fatigue, 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."