SOURCE: IOCircuit

June 21, 2006 07:30 ET

(OTC BB: MTNA) Gets Inquiries From More State DOTs About Metal Fatigue Detection Solutions

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

LAKE HARMONY, PA -- (MARKET WIRE) -- June 21, 2006 -- Material Technologies, Inc. (OTCBB: MTNA) ("MATECH") announced that the Departments of Transportation of several more states have expressed interest in its metal fatigue detection technology this month. MATECH is in the process of setting up meetings with the agencies to discuss the advantages of using its breakthrough Electrochemical Fatigue Sensor™ (EFS) to assess the structural integrity of their bridges.

Recently MATECH has completed reviews of three bridges at the request of Pennsylvania's DOT, and Massachusetts has submitted information on seventeen bridges throughout the state where fatigue damage is a primary concern. This month MATECH has been contacted by additional state transportation agencies to inquire about the EFS's unique ability to detect minute, growing cracks in steel bridge infrastructure as well as in other metal structures which are subjected to cyclic loadings.

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Other active stocks are American Commercial Lines Inc. (NASDAQ: ACLI), PACCAR Inc. (NASDAQ: PCAR), Sepracor Inc. (NASDAQ: SEPR).

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