Modern Technology Corp. to Release 2009 Quarterly Results With OTC Disclosure Service


OXFORD, Miss., May 26, 2009 (GLOBE NEWSWIRE) -- Modern Technology Corporation (Pink Sheets:MODC) announced today it will file its 2009 First and Second Quarter Reports with the OTC Disclosure Service to provide regular disclosure and transparency to investors. The Company will continue making regular public filings as part of its regular disclosure policies to reach full current information status.

The Company will release its First Quarter 2009 results on 1 June 2009.

Second Quarter 2009 results will be released 15 June 2009.

The filings may be accessed at: http://www.pinksheets.com/pink/quote/quote.jsp?symbol=MODC

The company will soon release news on:



  -- New product manufacturing and shipping facilities will be
     announced
  -- New Hydrogen Generator applications for stationary power
     generation
  -- Anticipated additional portfolio acquisitions adding revenues
     of $5-$15 million 
  -- Sales and Distribution agreements for cancer detection system
     design incorporating significant technology advances with
     marketing initiatives to pathologists based on revenue
     sharing models for cancer detection scans

About Modern Technology Corp.

MODC acquires promising technology companies and related assets to promote their growth and development. The company provides interim management and related services to its portfolio and client companies. It builds revenues and asset value through a model of continuous growth and derives further income from appreciation of its portfolio and licensing or revenue-sharing agreements. Web: http://www.moderntechnologycorp.com.

Safe-Harbor

This press release contains statements (such as projections regarding future performance) that are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's website and prior SEC filings contain various disclosures and RISK FACTORS (incorporated herein by reference) and should be read before any investment decision.


            

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