SCOTTSDALE, AZ -- (Marketwire) -- 07/19/11 -- MEDIATECHNICS CORPORATION (PINKSHEETS: MEDT) is pleased to announce that Scott Armstrong and Jeff Novakovich will be joining the Board of Directors, effective August 1, 2011. In further news, the Company has completed its June 30, 2011 - Quarterly Report & Financial Statements and they are available at www.otcmarkets.com.
Scott Armstrong brings with him over twenty years of experience in commercial real estate. He is a graduate of Arizona State University with both a Bachelor's Degree in Business/Real Estate and a Masters in Business Administration. He has experience in solar energy real estate transactions as well as general commercial real estate and finance expertise.
Jeff Novakovich is a real estate developer in Scottsdale, Arizona and has previously worked as a stock trader, holding Series 7, 55 and 63 licenses until he retired from the brokerage industry to pursue a career in real estate development. He holds a BS in Business Administration/Finance from the University of Akron.
Henri Atamian, CEO of MediaTechnics Corporation, stated, 'We are very pleased to add the talents of Scott and Jeff to our Board. They bring with them a wealth of experience and contacts within the real estate, finance and construction sectors. We are hoping to complete several new acquisitions and look forward to advising shareholders in the near term.'
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 (the 'Act'), and it is the Company's intention and belief that all such statements are covered by the safe harbors created by the 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.