Lake Harmony, PA (PRWEB) February 27, 2006
Material Technologies, Inc. (OTC BB: MTNA) provides the means for effective inspections of steel bridges across the country. As an engineering, research and development corporation, Matech specializes in the development of technologies that measure and monitor metal fatigue.
Matech owns exclusive rights to seven patents including their well-known Electrochemical Fatigue Sensor (and the Fatigue Fuse (FF). Through the company’s work with the federal government, it has generated over $8.3 million of revenue and received around $5 million of private investment towards the development, testing, and validation of the technology. Because of the rapid development within the company due to funding, Matech is now able to make a transition from a research and development engineering company to a commercial products and services company by applying its technologies primarily to the measurement and monitoring of metal bridges.
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C. P. Barry