Los Angeles, CA-October 6, 2009
- MATECH Corp.
(OTC Bulletin Board: MTCH
- News)
is pleased to announce thatthe Company is currently in discussions
with the New York City Department of Transportation (NYCDOT)
regarding a potential EFS testing project on a New York City
bridge. MATECH's revolutionary Electrochemical Fatigue Sensor
(EFS) System is the only nondestructive bridge inspection
method able to detect growing cracks in bridges and other
structures as small as 0.01 inches.
The New York City Department of Transportation (NYCDOT
or DOT) is responsible for the management of much of New York
City's transportation infrastructure. The department's responsibilities
include the maintenance of the city's streets, highways,
bridges and sidewalks.
The significant bridge project will
be performed by MATECH and an EFS service provider on the
East Coast and is intended to verify that some recent repairs
have effectively halted any further crack growth in the repaired
elements, and will examine some similar construction details
for fatigue crack presence.
MATECH and leading global corporation
Northrop Grumman are working to help secure the nation's
infrastructure and save bridge owners money by avoiding unnecessary
and ineffective repairs. Currently, MATECH and Northrop Grumman
are in discussions with several civil engineering firms,
which are expected to result in significant project contracts.
"We
are very pleased to be in close discussions with the New
York City Department of Transportation regarding such a substantial
contract," said Robert Bernstein, CEO of MATECH. "We
look forward to working closely with the New York City Department
of Transportation on helping to secure the city's infrastructure.
We will continue to keep shareholders abreast of these developments
as they occur."
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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