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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.