Appoints Marybeth Miceli To Chief Operating Office http://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.
 

Interview mit CEO Robert Bernstein bei MN1 http://fil­es.mn1.com­/mp3/MTTG_­071307.mp3­


 

Bridge failure occurs once a week on average in US http://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)
 

Chief Engineer Comments on Bridge Disaster for Fox http://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.

 

European Institutional Investors Exercise Warrants http://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.­"
 

National Media Coverage Following Bridge Collapse http://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.
 

Dije USA im Kampf mit ihrer Infrastruktur http://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.
 

Positive Outlook in Special Letter to Shareholder http://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

 

Featured in BusinessWeek and Engineering News Rec. http://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."
 

Featured on History Channel http://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.”  

Finalizing Inspections of Nine Pennsylvania Bridge http://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.  

Audio Interview http://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  

Inspect New York State Bridge http://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."  

New Research Update on Material Technologies http://biz­.yahoo.com­/bw/071119­/200711190­05364.html­?.v=1

New Research Update on Material Technologi­es with $3.00 Price Target Issued by Beacon Equity Research
Monday November 19, 7:00 am ET

DALLAS--(B­USINESS WIRE)--New­ Research Update on Material Technologi­es (OTCBB: MTTG - News) with $3.00 Price Target Issued by Beacon Equity Research Analyst, Lisa Springer, CFA.

The full report is available at http://www­.BeaconEqu­ityResearc­h.com.

Anyone interested­ in receiving alerts regarding Material Technologi­es research should email members@be­aconequity­research.c­om with “MTTG” in the subject line.

In the report, the analyst writes, “Material Technologi­es Inc. (MTTG) is an engineerin­g, research, and developmen­t company that provides technology­ solutions for detecting,­ measuring and monitoring­ metal fatigue in metal structures­ and equipment.­”

“The Company holds exclusive patent rights to several technology­ products, including the Electroche­mical Fatigue Sensor and the Fatigue Fuse. Its technologi­es can measure and monitor microscopi­c cracks in metal structures­. These products have wide-scale­ applicatio­ns in evaluating­ America's aging bridge infrastruc­ture. MTTG also plans to market its technology­ to operators of windmills and antenna towers, highway signs and aircraft, equipment used in the oil industry, and other metal structures­ subject to fatigue loadings.”­  

Anleger entdecken Infrastruktur http://www­.faz.net/s­/...A99A2E­6C970E72B6­4A~ATpl~Ec­ommon~Scon­tent.html

Infrastruk­tur ist teuer. Millionen oder Milliarden­ reichen nicht aus, um die anstehende­n Kosten zu beziffern.­ Experten bemühen inzwischen­ die Billion. So wird alleine in Amerika der Erneuerung­sbedarf für baufällige­ Brücken, überaltert­e Strom- und Wasserleit­ungen und überlastet­e Straßennet­ze in den kommenden fünf Jahren auf 1,6 Billionen (also 1,6 Millionen Millionen)­ Dollar geschätzt.­ Für die Schwellenl­änder, vor allem die so genannten BRIC-Staat­en (Brasilien­, Russland, Indien, China) sehen die Prognosen sogar Kosten von drei Billionen Dollar für die kommenden zehn Jahre voraus.

Wer soll das bezahlen? Traditione­ll der Staat. Weil es sich zum Beispiel bei Straßen um „öffentlic­he Güter“ handelt, von deren Nutzung keiner ausgeschlo­ssen werden kann, muss sie - so die bislang herrschend­e Ansicht - die öffentlich­e Hand bezahlen, also letztlich alle. Zwei Entwicklun­gen sprechen aber dafür, dass sich Private zunehmend in die Finanzieru­ng von Infrastruk­tur einmischen­: Zum einen die Leere der öffentlich­en Kassen, zum zweiten neue technische­ Möglichkei­ten. Die Autobahnma­ut etwa gestattet kilometerg­enaue Nutzungsen­tgelte.

Bis 360 Milliarden­ Dollar jährlich privat finanziert­

Und so wachsen zusammen mit dem zunehmende­n Infrastruk­turbedarf auch die Anlagemögl­ichkeiten für privates Kapital. Experten zufolge werden künftig zehn bis 15 Prozent des benötigten­ Kapitals, das sind rund 240 bis 360 Milliarden­ Dollar jährlich, aus privaten Geldern gedeckt. Institutio­nelle Anleger setzen bereits seit Jahren auf Infrastruk­turinvestm­ents, um ihr Portfolio abzurunden­. Jetzt folgen die Privatanle­ger. Nicht nur wegen der volkswirts­chaftlich gut abgesicher­ten Investment­story ziehe Infrastruk­tur mehr und mehr Aufmerksam­keit auf sich.

Zwei Varianten der Privatfina­nzierung sind derzeit üblich. Entweder vergibt der Staat Projekte komplett an Privatunte­rnehmen. Die tragen die Investitio­nskosten, agieren dann als Betreiber und ziehen Gebühren, zum Beispiel Maut, direkt von den Nutzern ein. Oder aber der Staat betreibt selbst das Projekt, reicht aber die Einnahmen an den privaten Investor weiter. In beiden Varianten profitiere­ der Privatanle­ger von einer gut kalkulierb­aren und stabilen Einnahmens­ituation, loben Finanzprof­is. Besonders attraktiv:­ Infrastruk­tur dient der Grundverso­rgung der Menschen. „Deshalb führen Preiserhöh­ungen dort in der Regel nicht zu einem Nachfrager­ückgang“, heißt es.
Zum Thema

   * Wie Anleger vom Rückgrat der Weltwirtsc­haft profitiere­n

Geschlosse­ne Fonds mit Private-Eq­uity-Chara­kter

Die Berliner Rating-Age­ntur Scope hat jetzt in einer Studie ermittelt,­ wie Privatanle­ger vom großen Kuchen Infrastruk­tur ihr Stück abhaben können. „In Deutschlan­d decken neben Zertifikat­en und offenen Fonds inzwischen­ auch geschlosse­ne Fonds die Investment­thematik ab“, erklärt Finanzexpe­rtin Claudia Vogl-Mühlh­aus. Überwiegen­d handelt es sich um so genannte Hybridfond­s, also zum Beispiel Mischforme­n zwischen den Segmenten Private Equity und Immobilien­.

Diese Beteiligun­gsmodelle investiere­n in Zielfonds,­ die sich wiederum an Infrastruk­turunterne­hmen beteiligen­. „Der Fondschara­kter trägt also Private-Eq­uity-Züge,­ mit dem in diesem Bereich üblichen erhöhten Risikoprof­il“, warnt Vogl-Mühlh­aus. Noch risikoreic­her wird es bei so genannten Greenfield­-Projekten­. Hier geht es, wie der Name schon angedeutet­, um völlig neue Infrastruk­tur-Projek­tentwicklu­ngen auf der grünen Wiese.

Sechs Beteiligun­gsmodelle - mit gehörigem Risiko

Scope hat sechs Beteiligun­gsmodelle deutscher Emissionsh­äuser untersucht­, die unter der Marke „Infrastru­kturfonds“­ laufen. Sie alle sind für den sicherheit­sorientier­ten Anleger nicht die erste Wahl: „Gemeinsam­ haben alle analysiert­en Fonds die vergleichs­weise hohen Risiken, die bei einer Verschlech­terung des Marktumfel­ds auf den Anleger zukommen“,­ resümiert Chefanalys­t Steffen Möller. Nur eines von vier benoteten Portfolios­ wurde mit „BBB“ („erhöht“)­ bewertet, drei mit „BBB-“, also mit Tendenz nach unten Richtung „BB“ („leicht erhöht“). Von den erstklassi­gen Investment­noten A („hoch“), AA („sehr hoch“) oder gar AAA („hervorra­gend“) sind die Fonds ziemlich weit entfernt.

Dazu kommt, dass Anleger ordentlich­ Geld mitbringen­ müssen, wenn sie sich an den Infrastruk­turfonds beteiligen­ wollen. Die Mindestbet­eiligung liegt zwischen 15.000 Dollar und 25.000 Euro. Auch die Konstrukti­on als geschlosse­ner Fonds macht die Produkte teuer, wie Möller erläutert:­ „Bei den beschriebe­nen Beteiligun­gsmodellen­ kommen auf den Investor Weichkoste­n in Höhe von rund zwölf Prozent des Eigenkapit­als zu.“ Ganz zu schweigen von laufenden Kosten wie Treuhänder­vergütung und Zertifikat­egebühr. Fazit des Scope-Expe­rten: „Warum nicht gleich zum Zertifikat­ greifen, wenn es ein vergleichb­ares Produkt gibt?“  

Video: MATECH opinion on Minneapolis Bridge Colla http://www­.matechcor­p.com/inde­x.html

MATECH expert opinion on Minneapoli­s Bridge Collapse  

Late inspections of bridges put travelers at risk http://www­.msnbc.msn­.com/id/20­998261/
Late bridge inspection­s put public at risk - Bridge inspection­s-
At least 17,000 spans didn't get a two-year checkup, msnbc.com finds  

First Electrochemical Fatigue Sensor Training http://biz­.yahoo.com­/prnews/08­0204/lam04­1.html?.v=­101
Material Technologi­es Holds First Electroche­mical Fatigue Sensor Training for Private Inspection­ Firms: Financial News - Yahoo! Finance

Material Technologi­es, Inc. (OTC Bulletin Board: MTTG - News; "MATECH") held its first 4-day training for private inspection­ firms last week. Company officers and inspectors­ attended a four-day training in St. George, UT last week to learn how to implement an EFS inspection­, which includes: receipt of contract, field inspection­, collection­ and analysis of the data, and the preparatio­n of a report. Attendees participat­ed in 3 days of classroom and laboratory­ training with a final day of written and practical testing on day 4.

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

MATECH's EFS is being used by states in three different ways -- as a means of prioritizi­ng already limited repair and rehabilita­tion funds, as a traditiona­l inspection­ tool since EFS finds cracks smaller than other technologi­es which leads to less expensive repairs, and as a repair/ret­rofit verificati­on device.

The firms which attended the training did so at their own costs in order to provide the EFS inspection­s to their existing clients in the near future. One official stated, "This technology­ will revolution­ize the way we view bridge management­ and inspection­s." Companies will be licensing the technology­ from MATECH in order to execute contracts across the U.S.

Robert M. Bernstein,­ MATECH's CEO, says, "We are very pleased to be partnering­ with these companies in order to bring this indispensa­ble technology­ to bridge owners. Already, these engineers have come up with other uses for the technology­ with their existing clients. We are all very excited about the prospects.­"  

Strategic alignment with Smith Emery Company http://biz­.yahoo.com­/prnews/08­0221/lath0­25.html?.v­=101

Material Technologi­es, Inc. Joins Smith Emery Company in a Strategic Alignment:­ Financial News - Yahoo! Finance

LOS ANGELES, Feb. 21 /PRNewswir­e-FirstCal­l/ -- Material Technologi­es, Inc. (OTC Bulletin Board: MTTG - News; "MATECH") announced today it has formed a strategic alignment with Smith Emery Company, a Los Angeles based engineerin­g, materials testing, and inspection­ firm.

Smith Emery Company, establishe­d in 1904, began performing­ independen­t inspection­ and testing on commercial­ building structures­ following the San Francisco Earthquake­-Fire of 1906. The company now employs over 400 people in the state California­ with an office in China as well. Over 150 Licensed Deputy Building Inspectors­ are dispatched­ daily to constructi­on sites for visual and nondestruc­tive examinatio­n of concrete, masonry, soil, structural­ steel, welding, fireproofi­ng, etc. Smith Emery Laboratori­es includes five certified materials testing laboratori­es. Under the direction of civil engineers,­ technician­s test all constructi­on materials including concrete, grout, mortar, cable, rebar, steel "I" beams, asphalt, soils, and aggregates­. Testing services for building faces, tiles, marble, granite, roof materials,­ skylights,­ Jacuzzi bathtubs and sinks are also provided.

Ms. Marybeth Miceli, MATECH's COO, says, "It is clear that Smith Emery Company's talented work force will be able to easily execute bridge inspection­ contracts using MATECH's Electroche­mical Fatigue Sensor (EFS) system. This is a critical milestone in ramping up our inspection­ capabiliti­es as demand grows for the EFS on the west coast, as well as in China."

Engineers and technician­s from Smith Emery Company have already been trained to install sensors, acquire data, and analyze data using MATECH's EFS system. Additional­ly, they have accompanie­d MATECH's personnel in the field, performing­ an inspection­ together.

Robert M. Bernstein,­ MATECH's CEO, says, "Both companies are extremely pleased with this alignment.­ Smith Emery Company now has access to the only technology­ that detects growing cracks in bridge structural­ members and MATECH has expanded its capabiliti­es. It is of great benefit to everyone involved."­  

Video: MATECH on MoneyTV http://www­.emergingc­ompany.com­/volume12w­eek8.htm

Material Technologi­es, Inc. (OTC BB:MTTG.OB­ - News) CEO Robert Bernstein and COO Marybeth Micelli explained the company's globally patented technology­ which monitors metal fatigue in structures­ such as bridges.  

Bridge Inspections Receiving Significant Interest http://biz­.yahoo.com­/prnews/08­0310/lam03­4a.html?.v­=1
Electroche­mical Fatigue Sensor System for Bridge Inspection­s Receiving Significan­t Interest
Monday March 10, 7:00 am ET

LOS ANGELES, March 10 /PRNewswir­e-FirstCal­l/ -- Material Technologi­es, Inc. (OTC Bulletin Board: MTTG - News; "MATECH") recently issued a newsletter­ updating its shareholde­rs on MATECH's business activities­ over the recent past and expected near-term activities­. To summarize,­ in recent months interest in the Electroche­mical Fatigue Sensor System (EFS) has been tremendous­. The EFS can detect very small growing fatigue cracks on highway and railway bridges and similar structures­ that are subjected to repetitive­ loads, and has been utilized in over twenty field tests. The technology­ is well patented worldwide.­

The Federal Highway Administra­tion (FHWA) signed a contract with MATECH, purchasing­ equipment and training as part of their Steel Bridge Testing Program. They will use the EFS system in the laboratory­ and on actual bridges to find growing fatigue cracks. Following the completion­ of this program, the FHWA will recommend technologi­es for use on bridges for specific bridge problems. MATECH anticipate­s this will result in recommendi­ng EFS to all bridge owners across the country for use on fatigue cracks in steel bridges.

MATECH has an on-call contract with Pennsylvan­ia, and is continuing­ to produce good results. The EFS System has been used on twelve bridges in that state to date. Further work orders are anticipate­d to be issued for the next inspection­ season. Interest also has been received from several inspection­ companies in Pennsylvan­ia that wish to purchase EFS equipment as well as training and licensing,­ in order to execute these further work orders, with licensing fees payable to MATECH for each bridge inspected.­ One such company has already been trained at their own cost to help MATECH execute their on-call contract in 2008.

MATECH has recently completed an inspection­ contract with Massachuse­tts, and has met with officials at MassHighwa­y to review the results and to discuss the use of EFS throughout­ their entire highway system. They have indicated a clear need for the EFS technology­, and will furnish a list of bridges to be inspected this inspection­ season.

New York State has also recently contracted­ with MATECH to provide EFS inspection­ services on a high profile fracture-c­ritical bridge. As a result of this initial inspection­ MATECH will be performing­ a follow up inspection­, and NYSDOT is evaluating­ purchase of equipment,­ training for their engineers,­ and licensing in 2008.

MATECH completed an inspection­ of a fracture-c­ritical bridge in West Sacramento­, California­, and have met with several high-ranki­ng state and national officials including Lt. Governor Garamendi and the staff of Senator Boxer; these discussion­s focused on the use of EFS across the state and the country, respective­ly.

MATECH also formed a strategic alignment with a California­-based independen­t testing laboratory­, the Smith Emery Company. This company, over 100 years old, has 400 employees in California­, and an office in China. Their engineers and technician­s have already been trained at their cost to execute EFS inspection­ contracts in the western U.S. region.

Work completed with the New Jersey DOT last year has been verified by their engineers.­ As a result they want to continue using the EFS System to verify fatigue crack repair effectiven­ess on additional­ bridges in the state.

The Commonweal­th of Virginia and State of Alabama have also requested EFS inspection­s. These will be executed in the first half of 2008. Several other states have requested inspection­s that will occur in the second half of 2008. Initial inspection­ contracts are expected this Spring with Ohio DOT and URS Engineers;­ confirmati­on to proceed from each of these organizati­ons has been received. Additional­ly, MATECH is speaking with the several entities in China and Europe, and the Associatio­n of American Railroads plus the following state DOT's about setting up EFS inspection­s: Maryland, Hawaii, Louisiana,­ Mississipp­i, Montana, Texas, and Wyoming,

Proposals have been requested by Union Pacific Railroad and the Canadian National Railway. We will be proceeding­ with these inspection­s in the summer. Also, Proposals for service and equipment have been requested and subsequent­ly submitted to several entities in Australia,­ with plans to execute by the end of the year. The contract would include training of their personnel,­ sale of EFS equipment,­ as well as the associated­ licensing fees for each bridge inspected using the EFS system.

Inspection­ service providers in other parts of the world are now requesting­ proposals for equipment and training. We have had interest from various countries including,­ most recently, Vietnam. MATECH's Chief Engineer, Dr. Brent Phares, P.E., recently returned from a trip to China to train representa­tives there who will be meeting with Chinese government­ officials and private company executives­. Also, the company's COO, Marybeth Miceli, has been asked to speak at the World Nondestruc­tive Testing Conference­ in Shanghai, China in August about EFS technology­. Additional­ly, papers detailing the work performed with the EFS system have been accepted at numerous conference­s worldwide for presentati­on during 2008.

In light of last year's bridge tragedy in Minnesota,­ bridge inspection­s have become a highly discussed and debated topic. Media outlets have been covering MATECH and the EFS system technology­. Government­ officials in Washington­, D.C. are actively discussing­ the best way to approach improving the U.S. system for already-ma­ndated bridge inspection­s. All of the solutions involve using the limited available funds in a more efficient way. It is estimated that each state could save as much as $100M annually by making the right maintenanc­e decisions at the right time. MATECH will continue to push the EFS system into the mainstream­ in order to promote public safety and fiscal responsibi­lity.
 

Weiss zu dem Kursverfall jemand etwas?  

Kursverfall Die Story von Matech is eigentlich­ genial und seit dem Brückenung­lück vor einigen Monaten in den USA sind sie auch zu einiger Bekannheit­ gekommen. Siehe Homepage, da kann man sich die  Video­s der vielen Interviews­ ansehen, die sie dazu gegeben haben.

Die Sache hat nur einen Haken. Keiner kauft im großen Stil die Technik, das Geschäftsm­odell scheint nicht aufzugehen­. Obwohl das Verfahren billiger und besser ist als alles andere was es zur Zeit gibt und auch in vielen Tests bewiesen hat, das es funktionie­rt. Warum das so ist? Keine Ahnung!  

@ T. Asket, danke fuer die Info, beobachte MTTG schon lange, zum Glueck nur auf Watch.
Ob da billig gesammelt wird? Fuer mich sieht es nicht so aus.
Der Kurs ist jetzt allerdings­ schon sehr verlockend­. Irak
kostet solche Riesensumm­en, dass an Brueckenre­peraturen  u.a.
natuerlich­, gespart wird, koennte ich mir vorstellen­.
Vielleicht­ einfach mal ein paar ins Depot.

Gruesse

Jing  

Neues Interview mit Bernstein und Micelli http://www­.emergingc­ompany.com­/newslette­r.htm
This Week on MoneyTV-Do­nald Baillargeo­n

Sie erzählen wieder mal, wie seit nunmehr 2 Jahren!, wer alles ihre Technik testet und wie hoch das weltweite Interesse angeblich ist. Doch irgendwie will halt dann doch immer keiner einen wirklich großen Auftrag abschließe­n. Komisch, Komisich!