SOURCE: Modern Technology Corp

March 02, 2006 13:38 ET

Modern Technology Corp Subsidiary INmarketing Group Reports Audited Financials

OXFORD, MS -- (MARKET WIRE) -- March 2, 2006 -- Modern Technology Corp (OTCBB: MOTG), a rapidly growing diversified technology development and acquisition company, announced its subsidiary INmarketing Group's audited financials are now available.

Interested stockholders can review the financial information at the SEC's EDGAR web site at this link: http://www.sec.gov/edgar/searchedgar/companysearch.html

Anthony Welch, Chairman of Modern, said: "As promised to stockholders, our audit and integration of our new subsidiary is complete. As you can see, INmarketing's numbers are strong and the company is profitable. We anticipate continued strong growth and INmarketing's consolidation brings us closer to positive earnings for 2006."

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