To: c.horn who wrote (1508 ) 5/16/1999 9:03:00 AM From: Scoobah Respond to of 2513
To compliment your research, here is the other side, complete with their phone number.biz.yahoo.com Thursday April 15, 9:31 am Eastern Time Company Press Release SOURCE: Material Technologies, Inc. Matech Awarded Additional Contract for Electrochemical Fatigue Sensor Applications for Use by the US Airforce LOS ANGELES, April 15 /PRNewswire/ -- Material Technologies, Inc. (OTC Bulletin Board: MTEY - news; Matech), announced that on March 4, 1999 it was awarded a $1.2 million contract for the application engineering of the Electrochemical Fatigue Sensor for use by the US Air Force on Military Aircraft Turbine Engine Assessments. This effort is a continuation of its development work on military aircraft materials. ''This funding will afford us further opportunity to extend the potential utility of our technologies,'' said Robert M. Bernstein, Matech's President. This work will initially be conducted by Material Technologies, Inc., the University of Pennsylvania and Optim Inc. Matech is a company engaged in research and development of metal fatigue monitoring technologies. Matech is located at 11661 San Vicente Blvd., Suite 707, Los Angeles, CA 90049. For more information contact the Company at 310-208-5589, or Email at tensiodyne@worldnet.att.net. 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 Securities and Exchange Commission filings. SOURCE: Material Technologies, Inc.