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Average Joe
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Solid technology and patents ... volume picking up ... undervalued ... a morning mover ??

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" Cash is King "

Posts: 1102 | From: NJ | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
Average Joe
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Well ... it moved this morning, up 20% so far today !! Volume 188% over the 10-day average !!

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" Cash is King "

Posts: 1102 | From: NJ | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
BuckeyeMatt
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I've played this since it was $1 - 2. Way undervalued, IMO. I currently hold 10000 shares and not selling anytime soon.

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I get lucky just like the rest of you.

Posts: 143 | From: Columbus, OH | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
BuckeyeMatt
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Great volume today, up 25%. Keep an eye on this.

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I get lucky just like the rest of you.

Posts: 143 | From: Columbus, OH | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
BuckeyeMatt
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Now up over 50% today


March 28, 2006 16:05:01 (ET)

LOS ANGELES, Mar 28, 2006 (BUSINESS WIRE) -- Material Technologies, Inc.'s (MTNA, Trade)("MATECH") Electrochemical Fatigue Sensor (EFS) has received a feature article in the March-April 2006 issue of Bridges Magazine, one of the industries leading publications, which reaches more than 15,000 decision makers bimonthly. The theme of the article is "A better look inside steel bridges" and describes the abilities of EFS to find growing cracks, cracks too small to be seen by the naked eye, and other cracks frequently missed by standard visual inspection.

"Finding and repairing cracks in a timely manner is essential to extending the life of our bridges," said John Durbin, former executive director of the Pennsylvania Turnpike Commission. "Conventional visual techniques and even currently well-regarded, technology-based solutions just aren't getting the job done," he added.

A recent Federal Highway Administration (FHWA) study revealed that visual inspection methods identify less than 10 percent of existing fatigue cracks, a figure that must be improved in order to maintain the safety and operation of the Nation's bridges.

It is essential that new technologies emerge to increase fatigue crack detection accuracy and to improve the resulting inspection information. MATECH's EFS inspection system is capable of locating actively growing cracks in metal structures and helping to prioritize repairs and allocate valuable resources correctly. It is the only known nondestructive evaluation system currently available to engineers that can provide such insight. "Information is key in structural engineering. This is especially true as one is trying to fix problems. A system like the MATECH EFS can immediately provide engineers with the verification, with near 100% accuracy, that their implemented repairs are effective and can be expected to provide years of safe operation while creating significant monetary savings over the lifespan of the bridge," said Robert M. Bernstein, president of Material Technologies, Inc.

About Material Technologies, Inc.:

MATECH is engaged in the research and development of metal fatigue detection, measurement and monitoring technologies. As such, the Company has developed a suite of devices for the nondestructive testing of metal fatigue and monitoring of structural integrity. These technologies can be applied in virtually any industry in which metal is a significant structural component; i.e. Bridges, Aerospace, Railroad, Oil & Gas, Construction, Shipping, etc.

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.

SOURCE: Material Technologies, Inc.

Material Technologies, Inc.
Robert M. Bernstein, 310-208-5589
matech*att.net

Copyright Business Wire 2006

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I get lucky just like the rest of you.

Posts: 143 | From: Columbus, OH | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
   

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