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Oct 01, 2009 16:00 ET MATECH Provides Cost Effective Solution for Solving Infrastructure Crises MATECH's EFS Technology Saves Bridge Owners Money While Thwarting Potential Humanitarian Disasters LOS ANGELES, CA--(Marketwire - October 1, 2009) - MATECH Corp. (OTCBB: MTCH) (www.matechcorp.com) is pleased to announce that the Company believes it will become the leading provider of a cost-effective solution to solve the aging infrastructure crises in the United States. According to the Federal Highway Administration, 25% of bridges are structurally deficient or functionally obsolete, meaning they are not designed to handle current traffic levels or need major repairs. Somewhere in America a bridge fails every week -- despite the significant amount spent on inspection every year. The communities home to these small- to medium-size steel bridges pay a high price for their failure (closure and/or collapse) -- not only in terms of traffic congestion and economic productivity, but too often in human lives as well. These devastating collapses are often a result of currently unreliable inspection methods. According to the FHWA, during visual inspection (the most used inspection method), approximately 90% of fatigue cracks are missed, thus increasing the probability of a potential disaster. In addition, bridge inspectors falsely identify "cracks" later proved to be nonexistent over 80% of the time, resulting in wasteful spending on unneeded repairs. In light of the shocking inefficiencies of current bridge inspection methods, it is clear that a cost effective solution that saves both money and lives is needed to secure the nation's infrastructure. MATECH's proprietary Electrochemical Fatigue Sensor is one answer to this problem. The revolutionary technology has proven its efficacy on over 35 bridges in 10 different states for various DOTs (Department of Transportations) as well as railroads across the nation. MATECH's EFS Technology is currently the only nondestructive method on the market able to detect growing cracks as well as subsurface cracks as small as 0.01 inches in bridges. "On our aging highway system, 200,000 steel highway bridges must be inspected at least every other year," said Robert Bernstein, CEO of MATECH. "Considering the expensive and potentially disastrous failures of visual inspection, the need for an advanced, reliable, and inexpensive method of bridge inspection such as our EFS technology is increasingly apparent. With the only nondestructive method able to determine cracks as small as 0.01 inches, MATECH is positioned to become a leader in this vast, rapidly expanding, and increasingly important industry." |
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| aus der Diskussion: | MATECH Corp. seit 1983 im Geschäft nun der Durchbruch? Die Zeichen der Zeit scheinen günstig |
| Autor (Datum des Eintrages): | marlon13 (02.10.09 08:42:02) |
| Beitrag: | 116 von 145 (ID:38100449) |
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