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SLVO News MediaTechnics Corporation (MEDT.PK) Reports First ...
Thursday, June 19, 2008 9:05 AM

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News for 'SLVO' - (MediaTechnics Corporation (MEDT.PK) Reports First Quarterly Profit Becomes Current With Pink OTC Reporting Requirements)


LAKEWOOD, NJ, Jun 19, 2008 (MARKET WIRE via COMTEX) -- MEDIATECHNICS
CORPORATION (Formerly Silverado Financial, Inc.) (PINKSHEETS: MEDT) is proud to
announce that during the quarter ended March 31, 2008 it posted its first-ever
quarterly profit. This is a direct result of the acquisition of Mediatechnics
Systems, Inc. in February.

In further news, MediaTechnics has met the requirements of the Pink OTC
(formerly PinkSheets) Market Guidelines for Providing Adequate Current
Information. As a result MediaTechnics has moved from the "Limited Information"
category on the Pink OTC markets to the "Current Information" category. "This
move represents a clear signal to our shareholders that MediaTechnics is a fully
transparent company," stated Rick Wilson, MediaTechnics CEO.

About MediaTechnics Corporation (Formally Silverado Financial, Inc.)

MediaTechnics Corporation is the parent company of Mediatechnics Systems, Inc.,
Media Master Corporation, and The Live Network. MediaTechnics is one of the
largest manufacturers of media duplication equipment worldwide. Media Master is
a one-stop media fulfillment company and The Live Network specializes in on-site
event and conference CD/DVD production.

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:

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SOURCE: MediaTechnics Corporation




CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=54D61A668B644CAD




Copyright 2008 Market Wire, All rights reserved.

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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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