Pennsylvania to Engage MATECH'S EFS Technology
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20.11.07 11:37
#26
TradingAsket
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.”
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.”
26.11.07 18:59
#27
TradingAsket
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?“
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?“
25.01.08 21:38
#28
TradingAsket
Video: MATECH opinion on Minneapolis Bridge Colla
http://www.matechcorp.com/index.html
MATECH expert opinion on Minneapolis Bridge Collapse
MATECH expert opinion on Minneapolis Bridge Collapse
01.02.08 19:29
#29
TradingAsket
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
Late bridge inspections put public at risk - Bridge inspections-
At least 17,000 spans didn't get a two-year checkup, msnbc.com finds
04.02.08 21:48
#30
TradingAsket
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."
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."
21.02.08 12:45
#31
TradingAsket
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."
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."
22.02.08 12:50
#32
TradingAsket
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.
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.
10.03.08 12:14
#33
TradingAsket
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.
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.
26.03.08 12:52
#35
TradingAsket
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!
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!
27.03.08 10:36
#36
Jing
@ 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
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
09.05.08 17:38
#37
TradingAsket
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!
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!
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