OXFORD, Miss., March 14, 2005 (PRIMEZONE) -- Modern Technology Corp. (OTCBB:MOTG), a business development and acquisition company, announced today that it engaged Friedland Financial Capital Inc. to develop and immediately implement an investor and shareholder awareness program.
Anthony Welch, Chairman said, "As Modern Technology Corp.'s business continues to expand, we believe it's important to effectively communicate to our shareholders, investors and the financial community not only the status of our current operations, but most importantly our plans for the future. We're delighted to have engaged Friedland Capital to assist us in this task, utilizing Friedland Capital's programs and services which are comprised of a variety of investor and financial community marketing strategies."
About Modern Technology Corp.
Founded in 1982, Modern Technology Corp is a business development and acquisition company, building revenues by strategic acquisitions and subsequent market expansion. MOTG provides infrastructure, intellectual capital, strategic investments, and ongoing support and growth assistance to each company within its portfolio. MOTG provides mentoring and assistance through collective operations experience, significant industry contacts, and strategic and tactical advice. The company's mission is to consistently build shareholder equity through accretive acquisitions, to continue its history of stock and cash dividends, and to create and promote synergistic relationships among portfolio companies and affiliates. For more information, visit the company's web site at: http://www.moderntechnologycorp.com.
About Friedland Capital Inc.
Friedland Capital Inc. is a U.S. based merchant bank with offices in New York, Denver, Vancouver and Beijing. Among its activities, Friedland Capital provides corporate finance advisory services to enable publicly-traded and privately-held emerging growth companies, as well as sponsors of investment programs worldwide to achieve their short-term capital goals, and to realize their long-term business objectives.
Friedland Capital is also the world's largest sponsor of financial and investment events, sponsoring over 280 events annually, in 28 U.S. cities and 3 European cities. These events include all-day conferences, breakfasts, luncheons and cocktail receptions.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements 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, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.