SOURCE: Mediatechnics Corporation

June 19, 2008 09:00 ET

MediaTechnics Corporation (MEDT.PK) Reports First Quarterly Profit

Becomes Current With Pink OTC Reporting Requirements

LAKEWOOD, NJ--(Marketwire - June 19, 2008) - 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.

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