SOURCE: Modern Technology Corp

January 26, 2006 09:01 ET

Modern Technology Corp Subsidiary Sound City Adds the Sherwood Newcastle Line to Product Offering

OXFORD, MS -- (MARKET WIRE) -- January 26, 2006 -- Modern Technology Corp (OTC BB: MOTG), a rapidly growing diversified technology development and acquisition company, announced its subsidiary Sound City added the Sherwood Newcastle (www.sherwoodusa.com) line to its rapidly growing list of high-end product offerings.

"As promised to stockholders and consistent with our vision of continuous growth, we further expand our product offerings. This new product line expands our revenue potential and satisfies consumer expectations of outstanding quality and competitive pricing. As a limited-distribution product line, this new offering will create greater margins and further our high-quality recognition in our retail sector companies," said Anthony Welch, Chairman of Modern Technology Corp.

About Modern Technology Corp

Modern Technology Corp, a diversified technology development and acquisition company, builds revenues through continuous growth, strategic acquisitions, and commercialization of nascent technology. MOTG improves operating efficiencies through the elimination of cost redundancies and realized synergy between subsidiaries. MOTG also commercializes new technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to build shareholder value through a model of continuous growth. Web Address: 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 Information

  • Company Contact:
    Megan Peterson
    1-662-236-5928