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MediaTechnics Corporation Completes Acquisition of Forward Energy, LLC

Pursuant to a Stock Purchase Agreement executed April 19, 2010, MEDT has acquired 100% of Forward, as a wholly owned subsidiary. Forward's assets, liabilities, and results of operations will be fully consolidated with those of MEDT.

Forward's current management will remain in place, and long-term employment agreements are being negotiated. No changes in the management or Board of MEDT will occur as a result of this acquisition. The consideration for this acquisition consisted solely of shares of MEDT Preferred Stock.

Forward owns oil and natural gas leases in Montana that it asserts have proved undeveloped reserves approaching 200,000 barrels of oil in two wells. Forward has contracts to sell all of the oil they produce at the wellhead, at a discount to NYMEX of approximately $15.00 per barrel. NYMEX oil futures were trading just above $82 per barrel as of April 19, 2010. Swab tests have been conducted on the wells, production and capital deployment plans are being formulated and Forward and MEDT intend to implement these plans as soon as possible.

Ari Bass, president of MediaTechnics, commented: "This acquisition marks the start of an exciting new era for MEDT's shareholders. We estimate that this transaction may add as much as, or possibly more than, $9,000,000 to MEDT's Stockholders Equity, with a substantial increase in book value per share. I look forward to working with Forward Energy to begin the process of raising the short-term capital we believe it needs to be able to add these reserves to our Nation's homegrown energy resources."

Forward also believes that it has considerable other, unproved reserves of oil and gas, but has made no estimate of the, quantity, quality or actual existence of any other reserves. Forward is developing plans to drill additional wells on its leases. Bass continued, "MEDT and Forward share in the commitment to ensure that any resources we are able to produce are extracted in the most environmentally-conscious manner possible, given the resources we will have at our disposal."

MEDT intends to raise the capital necessary to drill these additional wells, as soon as is possible, subsequent to the start of production from either of the existing wells.

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 Corporation
Ari Bass, 800-768-0335
(Investor Relations)
investors@medtcorp.com