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SLVO News Mediatechnics Corporation Revenues IncreaseTuesday, May 13, 2008 6:02 AM

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News for 'SLVO' - (Mediatechnics Corporation Revenues Increase)


LAKEWOOD, NJ, May 13, 2008 (MARKET WIRE via COMTEX) -- Mediatechnics
Corporation (PINKSHEETS: SLVO) is pleased to announce that preliminary revenue
results for all divisions exceeded $725,000 for the quarter ended March 31,
2008. This compares to $403,000 for the same period last year. These numbers
include revenue from all of our subsidiaries, while last year first quarter
results only reflect Mediatechnics Systems, Inc. (MSI) revenues. This represents
a greater than 79% increase for the company as a whole and 37% increase in MSI
over the same quarter last year. The company is working diligently to report
complete first quarter financials as soon as possible.

About Mediatechnics Corporation (Formally Silverado Financial, Inc. (PINKSHEETS:
SLVO)):

Mediatechnics Corporation is the parent company of Mediatechnics Systems, Inc.,
Media Master Corporation, The Live Network, and Water Skeeter Sports
Innovations. Mediatechnics is one of the largest manufacturers of media
duplication equipment worldwide. Media Master is a one-stop media fulfillment
company, The Live Network specializes in on-site event and conference CD/DVD
production, and Water Skeeter is a manufacturer of sporting goods and a
distribution and logistics company specializing in outdoor oriented products
distributed through some of the largest retailer's in the United States and
Canada.

Notes about forward-looking statements

Except for any historical information contained herein, the matters discussed in
this press release contain forward-looking statements that involve risks and
uncertainties.

Certain Statements contained in this release that are not historical facts
constitute forward-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995, and are intended to be covered by the
safe harbors created by that Act. Reliance should not be placed on
forward-looking statements because they involve unknown risks, uncertainties and
other factors, which may cause actual results, performance or achievements to
differ materially from those expressed or implied.

Forward-looking statements may be identified by words such as "estimates,"
"anticipates," "projects," "plans," "expects," "intends," "believes," "may,"
"should" and similar expressions and by the context in which they are used. Such
statements are based upon current expectations of the company and speak only as
of the date made. The Company undertakes no obligation to update any
forward-looking statements to reflect events or circumstances after the date
when they are made.





CONTACT:

Investor Relations

[phone]

EMAIL: Email Contact





SOURCE: Mediatechnics Corporation




CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=53AD16EB0509CAFD




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SUBJECT CODE: Computers and Software:Internet

Professional Services:Other Professional Services

Computers and Software:Peripherals

Computers and Software:Networking



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