Los Angeles, CA-October 5, 2009
- MATECH Corp.
(OTC Bulletin Board: MTCH
- News) is
pleased to announce that the Company has signed a contract
with a major interstate transportation agency to perform
advanced crack detection services using its revolutionary
Electrochemical Fatigue Sensor (EFS) System on a landmark
bridge. MATECH's EFS technology is the only practical nondestructive
bridge inspection method able to detect growing cracks as
small as 0.01 inches in bridges and other structures.
This
significant EFS testing project will be performed by MATECH
in conjunction with an EFS service provider and is intended
to determine (1) which cracks are growing on the bridge;
(2) which fatigue susceptible areas on the bridge have growing
cracks that cannot be detected with other methods; and (3)
which crack repairs are working and which are not.
"We
are pleased to announce to MATECH shareholders that we have
signed a contract to perform EFS Testing on this landmark
bridge, and consider such a high-profile project to be a
significant milestone for the Company," said Robert
Bernstein, CEO of MATECH.
Mr. Bernstein added that management
will provide specific details on this bridge project once
the inspection is complete.
Somewhere in America a bridge
fails every week -- despite the significant funds spent on
inspections every year. The communities, home to these small-
to medium-size steel bridges, pay a high price for their
closure and/or collapse -- not only in terms of traffic congestion
and economic productivity, but too often in human lives as
well. MATECH's revolutionary EFS technology is one answer
to this growing problem.
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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