Los Angeles, CA-October 12, 2009
- MATECH Corp.
(OTC Bulletin Board: MTCH
- News)
is pleased to announce that the Company is currently working
on enhancements to its Electrochemical Fatigue Sensor (EFS)
Technology, including the development of a long-term electrolyte
gel. MATECH's EFS System has proven its efficacy on over
35 bridges in 10 different states. It is currently the only
nondestructive method on the market able to detect growing
cracks in bridges as small as 0.01 inches.
Another enhancement in the planning stage is to quantify
the crack growth rate of detected cracks. EFS now provides
a qualitative estimate of the crack growth rate, a quantitative
knowledge of the crack growth rate would benefit bridge owners
tremendously.
Currently, MATECH's EFS is used to detect growing
cracks in bridges using a procedure that requires only a
few hours. The electrolyte gel, a key element of the EFS
System, has a lifespan of about a week. While this is ample
time for MATECH to complete the inspection and locate growing
cracks undetected by current methods of bridge inspection,
MATECH is looking to offer a system that provides continuous
structural health monitoring. Such a system will indicate
growing cracks at the inception of damage at critical areas.
The development of a long-term electrolyte gel would enable
MATECH to test for cracks in bridges over the long-term,
lasting months instead of days. MATECH would offer this enhanced
EFS System as part of an overall long-term bridge monitoring
system, many of which are being implemented across the country.
Typically, these ongoing monitoring systems include video
cameras, weight and temperature sensors, and other technologies
to ensure vehicle safety and provide the bridge owner with
extensive knowledge of bridge status.
This long-term system
would open additional markets to MATECH with applications
in the construction, shipping, petrochemical, nuclear, and
aerospace industries, amongst others.
"We are always
looking for ways to improve our revolutionary EFS technology
to further broaden its appeal and open up new markets," said
Robert Bernstein, CEO of MATECH. "The development of
a long-term electrolyte gel will enable us to sell the EFS
System as an essential addition to the long-term bridge monitoring
systems currently in use across the country."
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
info@pennymover.com
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