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Microcap & Penny Stocks : DCH Technologies (DCH) -- Ignore unavailable to you. Want to Upgrade?

To: Laurens who wrote (589)	2/17/1999 5:09:00 AM
From: DoubleOddBuck	Read Replies (1) \| Respond to of 2513

DCH TECHNOLOGY CHOSEN BY ANTAEUS FOR BRIDGE MONITORING SYSTEM VALENCIA, Calif., Feb. 17 /PRNewswire/ -- DCH Technology, Inc. (OTC Bulletin Board: DCHT) announced today that it has been selected by Antaeus Corporation for incorporation into its technology suite for use in its "smart" bridge monitoring system. The Company will provide its proprietary Hydrogen Sensors to be used for corrosion detection associated with aging bridge structural members. Antaeus is to provide Pulse(TM) -- the world's first totally automatic "smart" bridge monitoring system. DCH estimates this application at over $1 million in annual revenue going into the millennium. The purpose of a "smart" bridge monitoring system is to ensure safety and reduce and manage maintenance costs. There are over 577,000 bridges in the U.S. transportation infrastructure and the average bridge is 54 years old. Last year, the U.S. Government spent $5 Billion maintaining and rehabilitating bridges. The need for reliable maintenance technology and cost management is growing annually. Hydrogen gas is a natural byproduct of corrosion associated with iron and steel alloys. DCH Hydrogen Sensors are fast and chemically selective in detecting very small amounts of hydrogen gas. This form of detection becomes quite important in the myriad of situations on a bridge where it is not practical or feasible to continuously monitor corroding members. Further, the DCH new generation sensor technology supports remote monitoring using the Antaeus fiberoptic network. Congress responded to the need for bridge monitoring technology in 1991 when it passed the Intermodal Surface Transportation and Efficiency Act (ISTEA). This act mandated the use of bridge management systems. Recently, Congress provided funds going forward into the 21st century by passing the 1998 $200 Billion TEA-21 initiative (Transportation Equity Act). David Haberman, Chairman of DCH stated, "We are pleased to be selected for use in the Pulse(TM) system and to be associated with Antaeus which is a world leader in this growing industry. Monitoring of corrosion is a natural companion to the proprietary Antaeus metal fatigue analytical technology. This is an excellent example of the market versatility of the proprietary DCH Hydrogen Sensor technology." Antaeus is a strategic affiliate of Material Technologies, Inc. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, and actual results may be materially different. Factors that could cause actual results to differ include activity levels in the securities markets and other risk factors such as customer order rates, cancellations, late delivery of customer components, production delays, dependence upon certain customers, dependencies upon key executives, viability of quarterly results, single operating facility, competition, product liability risk, control by management, foreign currency fluctuation, and other risks detailed in the Company's applicable SEC filings. For More Information Please Contact: DCHINVEST@aol.com or call 805-775-8120, ext. 11. Also See The DCH Website at dcht.com. SOURCE DCH Technology, Inc. -0- 02/17/99 /CONTACT: DCH Technology, Inc., 805-775-8120, ext. 11., DCHINVEST@aol.com/ /Web site: dcht.com (DCHT) CO: DCH Technology, Inc.; Antaeus Corporation; Material Technologies, Inc. ST: California IN: AUT CPR CST TRN SU: