Material Technologies, Inc. announced this morning that its Chief Engineer, Dr. Brent Phares, has been invited to meet with a number of companies to discuss future business opportunities in China.
The companies Mr. Phares will meet with could license Material Technologies’ EFS sensor technology or act as inspection entities. While visiting, the Chief Engineer will educate a local representative about the Electrochemical Fatigue Sensor (EFS) System. The Company anticipates that the training will lead to the organization of a locally based marketing campaign.
MATECH’s CEO, Robert M. Bernstein stated, “China is expected to be a huge target market for the EFS system in the coming years. The number of bridges and railroads in the country that would benefit from our technology is absolutely staggering. In advance of the Beijing Olympics and in support of the astronomical growth, the Chinese government has been dedicating significant resources to the development of that nation’s infrastructure.”
Let us hear your thoughts: Material Technologies, Inc. Message Board