April 11, 2006 07:30 ET

Material Technologies, Inc. (OTC: MTNA) Receives Price Target Of $0.85

NOTE TO EDITORS: The Following is an Investment Opinion Being Issued by the IO Circuit.

LAKE HARMONY, PA -- (MARKET WIRE) -- April 11, 2006 -- The IO Circuit recommends Material Technologies, Inc. (OTC BB: MTNA) ("MATECH"), which announces that Pennsylvania has shown great interest in evaluating Matech's patented Electrochemical Fatigue Sensor (EFS) technology on several of their steel bridges. State highway departments are very concerned about the conditions of their steel bridges, and are interested in exploring every avenue to improve their maintenance, safety and structural integrity.

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