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Modern Technology Corp Chairman Anthony Welch Interviewed by Wall
Street Reporter
OXFORD, Miss., Sept. 24 /PRNewswire-FirstCall/ -- Anthony Welch, Chairman of
Modern Technology Corp, was interviewed by Wall Street Reporter on September
24th, 2004. During this interview, Mr. Welch outlined some of the plans and
revenue targets for the company and spoke on the company's unique Forward
Capitalization model of acquisitions. During the interview Mr. Welch explained
the company expects revenues of $20,000,000 by year-end 2004 and $75,000,000 by
Q4 2005 and anticipates announcing more acquisitions over the coming weeks.
To listen to the interview, visit the following web address:
http://www.wallstreetreporter.com/profiles/ModernTechnology.html
About Modern Technology Corp
Founded in 1982, Oxford, Mississippi-based Modern Technology Corp (OTC:MOTG)
(BULLETIN BOARD: MOTG) is a business development and acquisition company,
focused on growth by strategic acquisitions and subsequent market and revenue
expansion. MOTG provides business infrastructure, substantial intellectual
capital, strategic investments, and ongoing support and revenue growth
assistance to each individual company within its portfolio. In addition, 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 providing both stock and cash dividends to its
shareholders, 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/ .
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.
Media Contact:
Susan Cable, Vice President of Marketing, (623) 465-5929,
DATASOURCE: Modern Technology Corp
CONTACT: Susan Cable, Vice President of Marketing of Modern Technology
Corp, +1-623-465-5929, or
Web site: http://www.moderntechnologycorp.com/