SOURCE: IO Circuit

May 10, 2006 07:00 ET

(OTC BB: MTNA) Completes Bridge Reviews for Pa. DOT

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

LAKE HARMONY, PA -- (MARKET WIRE) -- May 10, 2006 -- Material Technologies, Inc. (OTC BB: MTNA) ("MATECH") announced that its team of engineers has completed informal reviews of three bridges in Pennsylvania at the request of that state's Department of Transportation. The state has expressed interest in evaluating MATECH's patented metal fatigue detection solutions to help ensure the structural integrity of its steel bridges.

The bridge visits were conducted in connection with a proposed agreement to inspect several bridges using MATECH's Electrochemical Fatigue Sensor™ (EFS). Pennsylvania provided information on where fatigue damage is of concern to these major bridges. MATECH is planning to use EFS for special inspections of these structures.

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