May 04, 2006 07:00 ET

(OTC: MTNA) Sets Sights on $8.2 Billion Railroad Industry

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

LAKE HARMONY, PA -- (MARKET WIRE) -- May 4, 2006 -- The IO Circuit recommends Material Technologies, Inc.'s (OTC BB: MTNA) ("MATECH"), which announced that it is targeting the growing railroad industry and receiving significant interest in its innovative metal fatigue detection solutions. According to a report published by the Association of American Railroads (AAR) last month, major freight railroads will spend more than $8.2 billion in 2006 laying new track, buying new equipment and improving infrastructure. MATECH's patented Electrochemical Fatigue Sensor™ (EFS) technology can accurately measure microscopic growing cracks and metal fatigue in railway tracks and equipment, enabling railroad engineers to improve safety, optimize repairs and increase efficiency.

For in-depth analyst coverage, go to

Other active stocks are Advanced Digital Information Corporation (NASDAQ: ADIC), PHAZAR CORP (NASDAQ: ANTP) and Taylor Devices, Inc. (NASDAQ: TAYD).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $895.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.

Contact Information