Material Technologies Affiliate Announces Research Project With DCH Technology Inc.LOS ANGELES--(BUSINESS WIRE)--June 29, 1999-- Material Technologies Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:MTEY) Tuesday announced that its newly formed affiliate, Antaeus Research, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ., plans to institute a research program with DCH DCH Department of Community Health DCH Diploma in Child Health DCH Defend Council Housing (UK) DCH Data Channel DCH Dil Chahta Hai (movie) DCH Dhaka Community Hospital Technology Inc.(OTC BB:DCHT). As previously announced, Antaeus' technology suite is the backbone of its "smart" Bridge Management System (sBMS) which addresses the decaying infrastructure of U.S. bridges. The joint project with DCH is dedicated to weld failures associated with corrosion; anticipated results could be used in the sBMS. The area of specific interest is associated with welded structural members where corrosion and/or degradation occurs as a function of dissimilar metal response. Alex Adelson, president, chief executive officer, and vice chairman of Antaeus commented, "We feel quite strongly that in assuming technical leadership in the `smart' bridge management field we must prepare to meet all the technical challenges of the future. DCH Technology, with its advanced light-driven hydrogen detection monitoring capabilities, fits our vision. We look forward to a successful relationship which will benefit both companies." Material Technologies is engaged in research and development of metal fatigue metal fatigue Weakened condition of metal parts of machines, vehicles, or structures caused by repeated stresses or loadings, ultimately resulting in fracture under a stress much weaker than that necessary to cause fracture in a single application. monitoring technologies. Antaeus Research, LLC is a network based, information technology company with proprietary hardware. The company's sBMS affords continuous real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. , safety reporting services and reduced cost management to the client. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements in this document looking forward in time involve risks and uncertainties, and therefore 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, late system delivery, production delays, dependence upon certain customers, dependencies upon key executives, competition, product liability risk, control by management, and other risks detailed in the applicable U.S. Securities and Exchange Commission requirements. |
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