SOURCE: Mediatechnics Corporation

July 02, 2008 09:00 ET

MediaTechnics Subsidiary Enters Into Strategic Alliance

LAKEWOOD, NJ--(Marketwire - July 2, 2008) - MediaTechnics Corporation (PINKSHEETS: MEDT) is proud to announce that its wholly owned subsidiary, The Live Network LLC, has entered into a strategic alliance with TourPhotographer.com.

TourPhotographer.com works directly with artists to offer high-quality concert photos to fans during a tour. Concert attendees can purchase legal, authorized photos from the tour that are approved by the artist and printed on genuine Fujicolor Crystal Archive photographic paper, rated to last 200 years.

TourPhotographer.com and The Live Network plan to offer this service in combination with The Live Network's unique on site CD/DVD production and distribution model, offering fans what we consider to be the ultimate event souvenir package.

TourPhotographer.com is owned and operated by David Bergman whose credits include tours with artists such as Barenaked Ladies, Avril Levine, Gloria Estefan, Joss Stone and Drew Carey. David is a staff member for Sports Illustrated with multiple cover photographs to his credit in addition to being published in Rolling Stone, Newsweek, People, The New York Times, USA Today and Entertainment weekly.

The Live Network, LLC of Margate City, New Jersey (TLN) is leading the industry in the on-site production and distribution of event media and offers full service, on-site video and audio production, combined with MediaTechnics proprietary duplication equipment. This combination provides a solution to entities that control copyrighted material, allowing them to create and sell media without compromising ownership rights.

TLN's services cover a variety of events including conferences, seminars, concerts, and sporting events. MediaTechnics Corporation and The Live Network's combined operation offers duplication and fulfillment services from both East and West Coast facilities, with services offered to clients anywhere inside the United States.

In other news, Rick Wilson, CEO of MediaTechnics Corporation, stated, "We continue to work diligently towards completing our acquisition of CRD Technologies, Inc. and we are very excited about the possibilities for cross marketing our products this opportunity may bring to MediaTechnics. We hope to complete this process, and others within the near future."

About MediaTechnics Corporation (formerly 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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