Dematco Inc. Announces Third Contract in Three Weeks

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Tue Sep 2, 2008 11:33am EDT

Strong Order Growth Positions Subsidiary as a Solution Provider in
the Dematerialization of Senior Life Settlement Units
ENCINO, Calif.--(Business Wire)--
Dematco, Inc. (OTCBB:DMAT) announces wholly owned subsidiary
Dematco, Ltd. has signed its third contract in three weeks with
another European investment group. Dematco, Ltd. converts all manner
of paper instruments into electronically transferable units. For this
contract, the Company will dematerialize $50,000,000 in face value of
Senior Life Settlement Units (SLSU). According to the terms of the
contract, the Company is to receive an initial stage payment of
$125,000 with $875,000 expected upon completion of the
dematerialization for a total of $1 million. As before, the units will
be traded through Private Trading Systems PLC (PlusMarkets:PTSP), a
proprietary trading and clearing system.

   Robert Stevens, Chairman of Dematco, Inc. comments, "Strong order
flow is successfully positioning Dematco as a solution provider in the
SLSU market. Apparently, our dematerialization process is one of the
best available. We anticipate more contracts in the third and fourth
quarters."

   About Dematco, Inc.

   Dematco, Inc., through its subsidiary Dematco, Ltd., is engaged in
the business of dematerializing or converting financial instruments
from paper form to electronic form. The Company specializes in
hitherto untraded or untradeable paper instruments allowing them be
traded electronically on exchanges or exchange platforms on a peer to
peer basis. www.dematco.co.uk

   This news release contains forward looking statements within the
meaning of the Securities Litigation Reform Act. The statements
reflect Dematco's current views with respect to future events that
involve risks and uncertainties. Among others, these risks include the
failure to meet schedule or performance requirements of the Company's
contracts, the Company's liquidity position, the Company's ability to
obtain new contracts, the emergence of competitors with greater
financial resources, and the impact of competitive pricing. In the
light of these uncertainties, the forward-looking events referred to
in this release might not occur.

For Dematco, Inc., Encino
Emerson Gerard Associates
Jerry Jennings, 561-881-7318
mediareply@emersongerard.com

Copyright Business Wire 2008
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