MEDIATECHNICS CORPORATION, (Pink Sheets: MEDT) is pleased to announce that it has sold its MediaTechnics Systems, Inc. (MTS) division to its former CEO, Richard D. Wilson. MediaTechnics Corporation will continue to develop, and plans to market, a new line of integrated energy efficient computer, home control and lighting systems with a particular focus on developing new technologies to build a cleaner environment and reduce carbon emissions in the strong belief that green technologies will be the among fastest growing market segments in the years to come.

Sale of Mediatechnics Systems, Inc.

2008 and 2009 were very difficult years for the global economy, and the media duplication equipment business was no exception. Substantially all of MEDT’s losses during the last two fiscal years came from MTS. While losses at MTS appeared to be declining, revenue also continued to decline, and those continuing losses threatened MEDT’s viability. Management determined that drastic action, requiring substantial time and investment, would be required to effectuate a turnaround, and while management believes that, given sufficient time and capital, such a turnaround might be possible, in the end it was determined that shareholders would be better served having those monies invested in market segments that management believes have significant growth potential. As a result of this determination, the Company negotiated an agreement to sell the entire unit in exchange for the return and cancellation of all sums paid for the division, and a note covering most, if not all, of investments made by MEDT in MTS.

Near Term Effects

Management believes that the net result of this transaction will be a significantly strengthened balance sheet and a return to net positive equity. Furthermore, management has successfully concluded the conversion of the vast majority of MEDT’s remaining debt into equity. This should enable the Company to effectuate a substantial dividend distribution of ANYT shares, subject to all applicable laws and regulations governing such transactions. We anticipate providing further details regarding any dividend in the near future.

Changes to the Board and Management

Richard D. Wilson has resigned from both the Board of Directors and as President of the Company. Ari Bass has succeeded Mr. Wilson as President. The Company plans to add new directors and is currently reviewing candidates.

New Website

In other news, MEDT has secured a new corporate domain name. Management intends to communicate directly with shareholders through this website on a more regular basis. Please visit us at www.medtcorp.com. Frequent updates will be forthcoming.

Annual Report and December 31, 2009 Financial Statements

The recent sale of our MediaTechnics Systems, Inc. division has had a substantial effect on our financial statements and the Company is working diligently to complete its 2009 Annual Report and December 31, 2009 Financial Statements in as timely a manner as possible. Upon completion, the Report and Statements will be filed, concurrently, on our website and on PinkSheets.com.

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.

MediaTechnics (CE) (USOTC:MEDT)
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