MATECH Exhibits at Annual Conference Sponsored by the American Association of State and Highway Officials
LOS ANGELES, CA--(Marketwire - November 18, 2009) - MATECH Corp. (
AASHTO is a nonprofit, nonpartisan association representing highway and transportation departments in the 50 states, the District of Columbia, and Puerto Rico. The voice for transportation and catalyst for organizational and technical excellence, AASHTO advocates transportation-related policies and provides technical services to support states in their efforts to efficiently and safely move people and goods. AASHTO represents all five transportation modes: air, highways, public transportation, rail, and water. Its primary goal is to foster the development, operation, and maintenance of an integrated national transportation system.
"We are pleased to report that MATECH continues to generate interest from transportation agencies and industry professionals for its cutting-edge EFS technology," said Robert M. Bernstein, CEO of MATECH. "We will continue to attend and present at similar key industry conferences in which we can demonstrate the inherent strength and value of our innovative bridge monitoring technology."
MATECH has a proven track record of saving bridge owners money through improving bridge management and public safety with its cutting edge technology, the EFS System. Through eliminating subjectivity of inspections for cracking in bridge members (the FHWA has stated that 90% of these cracks are missed with visual inspection), MATECH is helping to eliminate wasted funds by prioritizing repairs and verifying their effectiveness immediately.
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.