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MODC Modern Technology Corp (CE)

0.000001
0.00 (0.00%)
06 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Modern Technology Corp (CE) USOTC:MODC OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Modern Technology Corp. Announces New Manufacturer Orders for OEM Version of Emissions Control EC-1 System

21/07/2009 5:35pm

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Modern Technology Corporation (PINKSHEETS: MODC) announced today it has received initial orders for the OEM version of its EC-1 series of Emission Control Systems for internal combustion and power generation systems. The systems will be fitted to biofuel powered generator systems for emission control and testing. The manufacturer has committed further orders of the EC-1 system for all its power systems upon the conclusion of its initial OEM integration testing.

The OEM EC-1 is designed for the reduction and elimination of emission created by any internal combustion engine. Primary applications include motor vehicles and stationary power generation systems. The EC-1 creates hydrogen fuel on-demand causing a more complete and cleaner burn inside the engine.

The OEM version of the emissions control system is available immediately. Parties interested in ordering the system or becoming a distributor are asked to inquire at oem-emissions@genh.us

The Company intends to market its OEM EC-1 systems through power system manufacturers and installers, national parts distributors, regional direct distribution through local partners, and international distribution through various supply partners.

Investors can expect further updates on the following:

--  Improved online order entry and shipping application to handle
    distributors and customer orders
--  New distributor and applications for the OEM EC-1 for Electrical Power
    Generation using multi-fuel
--  New emissions control target markets and international partners for
    distribution
--  Licensing agreements for OEM emission and fuel efficiency enhancements
    for biofuel generators
--  New product manufacturing and shipping facilities will be announced
--  Anticipated additional portfolio acquisitions adding revenues of $5-
    $15 million dollars
    

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 and PinkSheets filings contain various disclosures and RISK FACTORS (incorporated herein by reference) and should be read before any investment decision.

Contact: Modern Technology Corporation Investor Relations 1.954.727.5468

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