SOURCE: Material Technologies, Inc.

May 02, 2006 10:00 ET

Material Technologies to Present Its Metal Fatigue Detection Solutions to International Railway Executives in Germany

LOS ANGELES, CA -- (MARKET WIRE) -- May 2, 2006 -- Material Technologies, Inc. (OTC BB: MTNA) ("MATECH") has been invited to discuss its revolutionary metal fatigue detection solutions at the 24th International Exhibition of Railtrack Technology in Münster/Westfalen, Germany on May 30, 2006. Renowned infrastructure engineering expert Dr. Brent Phares, PE, will discuss with railroad executives and engineers the technical and economic advantages of implementing MATECH's industry-leading Electrochemical Fatigue Sensor™ (EFS) inspection system on worldwide railways.

"Railways are an ideal application for our metal fatigue detection solutions because of their constant cycles of heavy loading," said MATECH CEO Robert M. Bernstein. "Our EFS technology is the only nondestructive testing solution capable of finding growing metal cracks as small as 0.010 inches -- critical information that can help railroad engineers ensure safety, prioritize repairs and reduce costs."

MATECH's proprietary EFS inspection system can satisfy new welded rail safety improvements and requirements set forth by the $286 billion U.S. Transportation Bill, known as SAFETEA-LU, signed into law last Fall by President Bush. The legislation requires each railway track operator using continuous welded rail track to include procedures to improve the identification of cracks as well as improve the methods of inspection of joint bars in continuous welded rail.

Mr. Bernstein continued: "We are receiving a great deal of interest from agencies charged with maintaining the safety and efficiency of railroads and look forward to highlighting our capabilities for those in attendance."

The 24th International Exhibition of Railtrack Technology is organized by the Association of German Railway Engineers (VDEI). Its main focus is to provide a forum to showcase and discuss the components of the modern railroad. The last similar exhibition, in May 2003, was attended by over 23,000 visitors from more than 16 countries.

About Material Technologies, Inc. (OTC BB: MTNA)

MATECH is an engineering, research and development company specializing in technologies to monitor metal fatigue in real time. The company's leading edge metal fatigue detection and monitoring solutions can accurately test the integrity of metal structures and equipment including bridges, railroads, airplanes, ships, cranes, power plants, mining equipment, and heavy iron. MATECH owns the only nondestructive testing technology able to find growing cracks as minute as 0.010 inches -- critical information that allows structural engineers to isolate and repair the more than 100,000 steel bridges in the U.S. which have been classified as structurally deficient or functionally obsolete by the Federal Highway Administration. MATECH has exclusive rights to seven patents along with $8.3 million in already completed contracts from the US Government for research, testing and validation of its innovative solutions.

To hear more about MTNA from CEO/President Robert M. Bernstein go to: http://www.publiccoreport.net/featured/MTNA/company.asp

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.

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