SOURCE: IOCircuit

March 29, 2006 07:30 ET

Material Technologies Inc. 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) -- March 29, 2006 -- The IO Circuit recommends Material Technologies, Inc.'s (OTC BB: MTNA) ("MATECH") Electrochemical Fatigue Sensor (EFS), which received a price target of $0.85 by Market Advisors Research plus received a feature article in the March-April 2006 issue of Bridges Magazine, one of the industry's 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.

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To read the complete release, go to http://www.cyberelease.com/mtna32906.htm

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