Modern Technology Corp Announces Approval for Trading of its Common Stock OXFORD, Miss., Aug. 4 /PRNewswire-FirstCall/ -- Modern Technology Corp announced today its common stock has been approved for trading on the NASDAQ Over-the-Counter Bulletin Board (OTCBB) under the symbol "MOTG". "Now that we are cleared for trading, our shareholders should enjoy increased marketability of the stock," said Anthony Welch, Chairman. He continues: "Our efforts to increase revenues, profits, and assets are especially active now. We will announce more clients, technology acquisitions, and newly acquired portfolio companies in the near future. Now that we are cleared for trading, we are rapidly executing our plans to increase shareholder equity by acquisitions and further client development." The company recently added DeMarco Energy Systems (Pink Sheets: DMES) to its portfolio of companies. The agreement exchanges services provided by Modern Technology Corp for a 15% equity position in Demarco Energy Systems. About Modern Technology Corp Founded in 1982, Modern Technology Corp provides business infrastructure, substantial intellectual capital, strategic investments, and ongoing support and revenue growth assistance to our portfolio companies. We strive to create and promote synergistic relationships among our portfolio companies and affiliates. We provide mentoring and assistance to our portfolio through our collective operations experience, significant industry contacts, and strategic and tactical advice. We will continue to build our portfolio of companies through strategic acquisitions and developing acquired technologies. Our goal is to consistently build shareholder equity through accretive acquisitions and to continue providing both stock and cash dividends. For more information, visit our web site: 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, Chairman of Modern Technology Corp, +1-662-236-5928, or DATASOURCE: Modern Technology Corp CONTACT: Anthony Welch, Chairman of Modern Technology Corp, +1-662-236-5928, or Web site: http://www.moderntechnologycorp.com/

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