Modern Technology Corp Schedules Earnings Release for 16 March 2009 on Sales of $29,000,000 for Year-End 2008

  Modern Technology Corporation (PINKSHEETS: MODC)
announced today it scheduled a release date of 16 March 2009 for its
financial results for the year-end period ending December 31, 2008.

The company's revenues for 2008 were approximately $29,000,000. The company believes its new products and technology, particularly its hydrogen generator systems, and acquisitions under review will facilitate strong revenue growth in 2009.

The company will soon issue updates on the following:

--  Sales projections for 2009 will be announced.
--  Distributor sign-up and support web site to handle the large volume of
    customer and distributor inquiries.
--  New power generation and heat recovery applications for the Gen-H
    water-as-fuel and hydrogen-based fuel systems.
--  Various international distributors for the Gen-H Hydrogen Injector
    System will be announced.
--  Anticipated additional portfolio acquisitions adding revenues of  $5-
    $15 million dollars.
--  New license agreement for a cancer detection system design
    incorporating significant technology advances.
--  New sales initiatives to pathologists based on revenue sharing models
    for cancer detection scans.
--  Details on new distribution, management services and new energy-
    related initiatives will be released.
    

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

Contact: Investor Relations 1.954.727.5468