Modern Technology Corp Announces New Gen-H Hydrogen Injector for RV Vehicles
February 17 2009 - 11:36AM
Marketwired
Modern Technology Corporation (PINKSHEETS: MODC) announced today
its new Gen-H On-Demand Hydrogen Generator for Recreational
Vehicles. This newly designed system will be available for orders 1
April 2009.
The Gen-H system delivers increased fuel economy between 10% and
50% and significantly reduces or eliminates RV exhaust
emissions.
The Gen-H system will be available for both gasoline and diesel
powered RV's of any class and size. The system will be marketed
through the company's growing distributor network as well as RV
dealerships and repair centers nationwide.
The on-demand hydrogen system insures 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.
The fuel savings realized by the RV should rapidly pay for the
system.
New applications for the Gen-H water-as-fuel and hydrogen based
fuel systems are under constant development and will be announced
accordingly.
Investors can expect timely updates on the following:
-- Distributor sign-up and support web site to handle the large volume of
customer and distributor inquiries
-- Sales projections for 2009 will be announced
-- Various international distributors for the Gen-H Hydrogen Injector
System will be announced
-- Additional portfolio acquisitions are under review. Should these
acquisitions occur, revenues will be increased another $5-$15 million
dollars
-- The company will announce a new cancer detection system design
incorporating significant advances in both patient test throughputs and
cell sample scan speeds
-- New marketing initiatives to pathologists based on revenue sharing
models for cancer detection scans
-- Details on new distribution, management services and new energy-
related initiatives will be released
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 web-site and prior
SEC filings contain various disclosures and RISK FACTORS
(incorporated herein by reference) and should be read before any
investment decision.
Contact: Investor Relations 1.954.727.5468
Modern Technology (CE) (USOTC:MODC)
Historical Stock Chart
From Jan 2025 to Feb 2025
Modern Technology (CE) (USOTC:MODC)
Historical Stock Chart
From Feb 2024 to Feb 2025