OXFORD, Mass., April 27, 2009 (GLOBE NEWSWIRE) -- Modern Technology Corporation (Pink Sheets:MODC) announced today it filed its 2008 Annual Report with the OTC Disclosure Service to provide regular disclosure and transparency to investors. The Company has taken this step as part of its effort to reach full current information status. The Company will continue making regular public filings as part of its regular disclosure policies.
The filings may be accessed at: http://www.pinksheets.com/pink/quote/quote.jsp?symbol=MODC
The company will soon release news on:
-- 2009 Revenue projections will be announced
-- Anticipated additional portfolio acquisitions adding revenues of
$5-$15 million dollars.
-- 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.