Science & Technology
Science and Technology
Science and Technology
Mon, October 5, 2009
Sun, October 4, 2009
Fri, October 2, 2009
Thu, October 1, 2009 MATECH Corp.: MATECH Provides Cost Effective Solution for Solving Infrastructure Crises
LOS ANGELES, CA--(Marketwire - October 1, 2009) - MATECH Corp. (
According to the Federal Highway Administration, 25% of bridges are structurally deficient or functionally obsolete, meaning they are not designed to handle current traffic levels or need major repairs. Somewhere in America a bridge fails every week -- despite the significant amount spent on inspection every year. The communities home to these small- to medium-size steel bridges pay a high price for their failure (closure and/or collapse) -- not only in terms of traffic congestion and economic productivity, but too often in human lives as well.
These devastating collapses are often a result of currently unreliable inspection methods. According to the FHWA, during visual inspection (the most used inspection method), approximately 90% of fatigue cracks are missed, thus increasing the probability of a potential disaster. In addition, bridge inspectors falsely identify "cracks" later proved to be nonexistent over 80% of the time, resulting in wasteful spending on unneeded repairs. In light of the shocking inefficiencies of current bridge inspection methods, it is clear that a cost effective solution that saves both money and lives is needed to secure the nation's infrastructure.
MATECH's proprietary Electrochemical Fatigue Sensor is one answer to this problem. The revolutionary technology has proven its efficacy on over 35 bridges in 10 different states for various DOTs (Department of Transportations) as well as railroads across the nation. MATECH's EFS Technology is currently the only nondestructive method on the market able to detect growing cracks as well as subsurface cracks as small as 0.01 inches in bridges.
"On our aging highway system, 200,000 steel highway bridges must be inspected at least every other year," said Robert Bernstein, CEO of MATECH. "Considering the expensive and potentially disastrous failures of visual inspection, the need for an advanced, reliable, and inexpensive method of bridge inspection such as our EFS technology is increasingly apparent. With the only nondestructive method able to determine cracks as small as 0.01 inches, MATECH is positioned to become a leader in this vast, rapidly expanding, and increasingly important industry."
About MATECH
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. To learn more, please visit: [ www.matechcorp.com ].
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.
