October 08, 2009 08:30 ET

MATECH Retains Washington, D.C. Strategy Firm to Market Its Electrochemical Fatigue Sensor to Transportation Agencies Throughout the U.S.

Global Strategy Corporation Consultant, David N. Young, Brings Decades of Expertise to MATECH's Effort to Save Bridge Owners Money Through MATECH's EFS Technology

LOS ANGELES, CA--(Marketwire - October 8, 2009) - MATECH Corp. (OTCBB: MTCH) (www.matechcorp.com) announced today that it has retained the services of renowned marketing and public affairs consultant, David N. Young of Global Strategy Corp. (http://www.globalstrategycorp.com), a leading Washington, D.C. consulting firm.

Mr. Young will leverage his extensive expertise and key government contacts to aggressively market MATECH's EFS Technology to State DOTs (Departments of Transportation), as well as bridge owners and governments around the world.

Global Strategy Corporation offers its clients a unique global network of financial, economic and political resources capable of structuring workable, manageable and sustainable solutions to significant development challenges. The Company has successfully negotiated and completed a variety of domestic and international projects around the globe, and in the process, received outstanding merit recognition from former presidents, key government, business and leading media officials.

In more than two decades of experience, Global Strategy Corp. Chairman David N. Young has acted as a strategic/public affairs consultant for a number of U.S. government agencies, including the U.S. State and Commerce Departments, U.S. Information Agency, NATO, and a number of Fortune 500 firms including Marriott Corp., BASF, and Boeing, among other major trade groups and professional associations.

Mr. Young has decades of experience working closely with world leaders on a variety of developmental and funding initiatives. He has successfully implemented projects in Africa, the former Soviet Union, Afghanistan, Azerbaijan, Turkmenistan, South America, Europe and is currently engaged in Asia as well. With an extensive background in government programs and public/private partnerships, Mr. Young has also developed a unique network of investment bankers, private equity managers, and other development resources across the globe.

Mr. Young's training in media and high technology has become a significant asset in the exploding world of new age investing. He is a former Chairman of the Louisiana Broadband Advisory Commission, which was established to write a five-year blueprint for the state's technology infrastructure overhaul. In addition, he is often sought out as a speaker and as a spokesperson on selected business development issues. Since 1996, he has been listed in the "Who's Who in America" (http://www.marquiswhoswho.com), the celebrated guide to the most prominent and important Americans.

"I am honored and excited to become part of MATECH's effort to provide cost-effective solutions to our nation's aging infrastructure," said Mr. Young. "State governments around the nation are actively looking for new technologies and advanced solutions to bridge inspection and management. MATECH's digitally based EFS technology represents a breakthrough in the infrastructure testing industry. The MATECH technology could become a transformational tool for transportation officials around the nation," he added.

"We are pleased to welcome an expert such as David N. Young on the MATECH team," said Robert Bernstein, CEO of MATECH. "Mr. Young's extensive experience and knowledge working with both the federal and state governments will be instrumental in effectively marketing our revolutionary EFS technology to state DOTs across the country. We are confident that his efforts will result in a significant increase in state contracts for MATECH in both the near and mid-terms."

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.

Contact Information