Beacon Equity Research Highlights Material Technologies, Inc. (MTTG.OB)
Material Technologies announced that the Utah Department of Transportation is discussing the possibility of using its patented Electrochemical Fatigue Sensor (EFS) technology to inspect bridges in the state. Federal Law requires that all bridges are inspected biyearly, which could mean $1.46 million dollars in potential revenues every two years for Material Technologies if its EFS Sensor is accepted. The company's CEO stated, “MATECH has performed close to twenty field tests on actual highway and railroad bridges around the country, and we have every confidence that our EFS can save many repair and rehabilitation dollars by its timely use, as well as…