MATECH Featured in Report by University of Minnesota Center for Transportation Studies
LOS ANGELES, CA--(Marketwire - November 30, 2009) - MATECH Corp. (
The prestigious Center for Transportation Studies (CTS) at The University of Minnesota is focused on addressing the diverse and complex challenges in the field of transportation through multidisciplinary research, education, and outreach programs. Created in 1987, CTS is a nationally prominent center that attracts more than $22 million annually for research, education, and outreach programs. The Center works with more than 75 faculty from 25 different departments in seven colleges -- a spectrum of disciplines including engineering, planning, economics, public policy, computer science, human factors, and environmental studies. Funding sources include numerous federal, state, local, and private-sector sponsors.
"We are extremely pleased to be featured in a report by the University of Minnesota's Center for Transportation Studies," said Robert M. Bernstein, Co-CEO of MATECH. "This is a further indication that the strength of our unique EFS technology is becoming increasingly recognized within key academic and industry-related circles."
Click here to view the full report: ([ http://trb.org/Main/Blurbs/Bridge_Health_Monitoring_and_Inspections_A_Survey_162534.aspx?utm_medium=etmail&utm_source=Transportation%20Research%20Boa rd&utm_campaign=TRB+E-Newsletter+-+11-10- 2009&utm_content=Customer&utm_term= ])
MATECH has a proven record of saving bridge owners money through improving bridge management and public safety with its cutting edge EFS System. By eliminating subjectivity of inspections for cracking in bridge members MATECH is helping to reduce wasted funds by prioritizing repairs and providing immediate verification of repair's effectiveness.
About The University of Minnesota, Twin Cities
The University of Minnesota, Twin Cities is a public research university located in Minneapolis and St. Paul, Minnesota, the oldest and largest part of the University of Minnesota system with the fourth largest main campus student body in the United States.
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 technology 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.