SOURCE: Modern Technology Corp.

Modern Technology Corp.

June 22, 2009 12:59 ET

Modern Technology Corp. Announces OEM Version of the Gen-H Hydrogen Generator for Industry and Emission Control Solutions

RENO, NV--(Marketwire - June 22, 2009) - Modern Technology Corporation (PINKSHEETS: MODC) announced today its Gen-H series of Hydrogen Generators and Emission Control Systems will be available as OEM engineering systems. This OEM version is intended for manufacturers of engines, motor vehicles, power generation manufacturers, and national auto-parts suppliers. The OEM systems will help manufacturers and individuals meet more stringent emission control regulations.

The newest Gen-H system is the EC-OEM-1 Emission Control System. It includes all necessary components to custom engineer or retrofit existing or newly designed internal combustion engines. It has been specifically designed to reduce or eliminate vehicle emissions for both gasoline and diesel powered engines. The EC-OEM-1 creates hydrogen fuel on-demand causing a more complete and cleaner burn inside the engine.

The Company intends to market these OEM systems through national auto-parts distributors, regional direct distribution through local partners, and international distribution through various supply partners.

Distributor sign-up is available starting now. Orders for the Gen-H EC-OEM-1 System will commence on 15 July 2009. Until that date, the company will focus on distributor sign-up and web-based shopping cart completion for all products.

The larger Gen-H Hydrogen Generator systems deliver increased fuel economy between 10% and 50% and significantly reduce or eliminate exhaust emissions. The on-demand hydrogen system ensures reliable fuel creation without the hazard of hydrogen storage. The Gen-H system creates fuel from water and delivers pure hydrogen and oxygen directly to the vehicle's engine.

New applications for the Gen-H series of products are under constant development and will be announced accordingly.

The company will soon release news on:

--  New product manufacturing and shipping facilities will be announced
--  2nd quarter 2009 Revenue guidance and subsequent filing of financials
    with OTC Disclosure Service
--  Anticipated additional portfolio acquisitions adding revenues of $5-
    $15 million dollars
--  Stationary Electrical Power Generation using multi-fuel, and Gen-H
    emission controlled exhaust
    

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

Contact Information

  • Contact:

    Modern Technology Corporation
    Investor Relations
    1.954.727.5468