Modern Technology Corp. Launches European Operations

Name	Symbol	Market	Type
VanEck Morningstar Global Wide Moat ETF	AMEX:MOTG	AMEX	Exchange Traded Fund

Name

Symbol

Market

Type

VanEck Morningstar Global Wide Moat ETF

AMEX:MOTG

AMEX

Exchange Traded Fund

	Price Change	% Change	Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.0324	0.09%	35.9353	35.9029	35.9029	35.9029	85	01:00:00

Price Change

% Change

Price

High Price

Low Price

Open Price

Traded

Last Trade

0.0324

0.09%

35.9353

35.9029

01:00:00

Modern Technology Corp. Launches European Operations

26/08/2004 3:00pm

PR Newswire (US)

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Modern Technology Corp. Launches European Operations OXFORD, Miss., Aug. 26 /PRNewswire-FirstCall/ -- Modern Technology Corp. announced today it has initiated business development activities in Europe through its newly hired managing director for international business, Mr. Colin Inker. "We welcome Mr. Inker's vast professional experience and the extensive relationships he maintains throughout Europe and the Middle East," said Modern Technology Corp chairman. "Mr. Inker delivers significant value through his representation of our interests on the international landscape. His directive is to further our growth-by-acquisition strategy as well as create new revenue producing opportunities for our growing portfolio of companies throughout the world. His efforts have already resulted in opportunities for us that we expect to announce soon." Mr. Inker said: "I'm pleased to join the company and expect a tremendous future with them. Their growth model and their Forward Capitalization method of acquisition are both superb. The Modern Technologies concept represents a secure platform and excellent marketing vehicle for companies with growth potential. We have several opportunities to pursue immediately and in fact, finalizing the first acquisition now." The company is finalizing its negotiations with several significant acquisitions and expects to announce these transactions in the very near future. Modern Technology Corp recently added DeMarco Energy Systems (PinkSheets: DMES) to its portfolio of companies, and expects to acquire numerous other companies and technologies in the coming year. In addition, the company expects to release details on its unique, shareholder-equity preserving "Forward Capitalization" acquisition and finance model as well as its revenue projections, expected asset growth, and overall acquisition strategy in the coming weeks. About Modern Technology Corp. Founded in 1982, Oxford, Mississippi-based Modern Technology Corp (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. Contact: Anthony Welch 662-236-5928 DATASOURCE: Modern Technology Corp. CONTACT: Anthony Welch of Modern Technology Corp., +1-662-236-5928 Web site: http://www.moderntechnologycorp.com/

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MOTG VanEck Morningstar Global Wide Moat ETF