Science & Technology
Science and Technology
Science and Technology
Mon, October 5, 2009 MATECH Corp.: MATECH Signs Contract to Perform EFS Testing on a Landmark Bridge
LOS ANGELES, CA--(Marketwire - October 5, 2009) - MATECH Corp. (
This significant EFS testing project will be performed by MATECH in conjunction with an EFS service provider and is intended to determine (1) which cracks are growing on the bridge; (2) which fatigue susceptible areas on the bridge have growing cracks that cannot be detected with other methods; and (3) which crack repairs are working and which are not.
"We are pleased to announce to MATECH shareholders that we have signed a contract to perform EFS Testing on this landmark bridge, and consider such a high-profile project to be a significant milestone for the Company," said Robert Bernstein, CEO of MATECH.
Mr. Bernstein added that management will provide specific details on this bridge project once the inspection is complete.
Somewhere in America a bridge fails every week -- despite the significant funds spent on inspections every year. The communities, home to these small- to medium-size steel bridges, pay a high price for their closure and/or collapse -- not only in terms of traffic congestion and economic productivity, but too often in human lives as well. MATECH's revolutionary EFS technology is one answer to this growing problem.
About MATECH
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.
