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Mediatechnics Duplication Industry Blog » 2008» February

Archive for February, 2008

Silverado Financial Acquires Mediatechnics

Tuesday, February 26th, 2008

BEVERLY HILLS, CA, Feb 26, 2008 (MARKET WIRE via COMTEX) — SILVERADO FINANCIAL, INC. (PINKSHEETS: SLVO) is pleased to announce that it has acquired Media Technics Systems, Inc. (”MTS”) of Ione, California.

Read the Full Press Release Here

Looks Like the HD Blu-Ray Battle is Over

Monday, February 18th, 2008

It looks like Sony Corp’s Blu-ray technology is close to winning the format war. An anonymous source within  Toshiba said it was planning to exit its HD DVD business after Hollywood studios and big retailers such as Wal-Mart Stores Inc backed Blu-ray.

This is a good move and once official, the industry can move forward with one standard.

 Mediatechnics saw this coming and that is why they also backed the blu-ray format. Guess all those HD players that sold will make nice paper weights.

Mediatechnics To Be Acquired

Thursday, February 14th, 2008

BEVERLY HILLS, CA, Feb 14, 2008 (MARKET WIRE via COMTEX) — SILVERADO FINANCIAL, INC. (PINKSHEETS: SLVO) is pleased to announce that it has signed a letter of intent to purchase MEDIA TECHNICS SYSTEMS, INC.

Silverado Financial recently announced its acquisition of Media Master Corporation (”MMC”), a spin-off of Media Technics Systems, Inc. (”MSI”). Today, Silverado is pleased to announce that it has signed a letter of intent to purchase MSI itself. MSI is an industry leader in the manufacture of CD, DVD, BLU-RAY and other optical disc duplication machinery and provides many other products and services to this important industry. MSI’s and MMC’s businesses are complementary and it is the intention of management to recombine these two distinct companies into a single operating unit. Last year, MSI’s sales exceeded $2 Million and MSI expects to increase that substantially this year through exciting new products and services currently in development and rapidly nearing deployment.

Read the Entire Press Release Here

HD Fires Back with Price Slashes

Monday, February 4th, 2008

Over the weekend, Toshiba moved to slash the price of its players in half. The Toshiba HD-A35, which has gotten good reviews in the hardware arena, is now affordable and a good deal. The only problem is, if HD loses the war, like it looks like is going to happen, you won’t be able to get discs to play on it and you will have a real nice paper weight.

Industry Analysts are becoming more vocal about  saying  that the HD DVD vs. Blu-ray battle may be over before the end of 2008, with rumors about electronic chains such as Circuit City relegating HD DVD players to clearance shelves.

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