Wall Street News Alert's "stocks to watch" this
morning are: Material Technologies, Inc. (OTCBB: MTNA), Tenaris S.A. (NYSE: TS), Alcan Inc. (NYSE: AL) and Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX).
As Material Technologies, Inc. (OTCBB: MTNA) continues to issues press
releases showing its progress towards expanding the company's technology,
the stock may have the attention of aggressive investors and day traders
this morning! Yesterday after the markets closed, the company issued a
press release announcing that it is presenting its patented metal fatigue
detection solutions at the 23rd Annual International Bridge Conference in
Pennsylvania this week.
The news may have the attention of investors! The company, having already
completed informal reviews of three bridges in Pennsylvania at the request
of that state's Department of Transportation, has been invited to lead a
technical presentation on the advantages of using its breakthrough
Electrochemical Fatigue Sensor(TM) (EFS) to locate and measure growing
metal cracks for the bridge owners and engineers, government officials and
other key decision makers in attendance.
This could be great news for the company! Last year participants came from
47 states and 15 countries.
MATECH CEO Robert M. Bernstein commented: "The International Bridge
Conference provides the perfect venue to demonstrate our innovative metal
fatigue detection and monitoring technology for bridge engineers and
officials who we believe need it most."
Mr. Bernstein continued: "The Transportation Equity Act set aside funds for
the Federal Highway Administration (FHWA) to test devices capable of
finding growing cracks in bridges as small as 0.01 inches in length and
also under the surface. Our EFS solution is the only non-destructive
testing device able to find growing cracks that small."
Wall Street News Alert is continuing to place Aggressive Investors on alert
to monitor the progress of Material Technologies! Interest in MATECH's EFS
system has been increased by the recent $286 billion Federal Transportation
Bill which allocated $5 million to help states evaluate nondestructive
methods such as EFS to test growing fatigue cracks in steel bridges. The
nation's aging bridge infrastructure system is a major cause for concern,
with more than 100,000 of the 200,000 steel bridges in the U.S. classified
as structurally deficient or functionally obsolete, according to the FHWA.
Prior to the latest press release, the stock closed yesterday at Ten cents
a share.
For an in-depth profile of Material Technologies, visit
http://www.thenewssvc.com/MTNA061306.html.
To view all of Wall Street News Alert's special early morning trading
alerts for this morning, visit www.WallStreetNewsAlert.com, where you may
also sign up to receive free email alerts in advance of our press releases
being issued.
In case you are not familiar with the company: MATECH is an engineering,
research and development company specializing in technologies to monitor
metal fatigue in real time. The company's leading edge metal fatigue
detection and monitoring solutions can accurately test the integrity of
metal structures and equipment including bridges, railroads, airplanes,
ships, cranes, power plants, mining equipment, and heavy iron. MATECH owns
the only non-destructive testing technology able to find growing cracks as
minute as 0.010 inches -- critical information that allows structural
engineers to isolate and repair the more than 100,000 steel bridges in the
U.S.