Modern Technology Corp. Announces New Manufacturer Orders for OEM Version of Emissions Control EC-1 System
July 21 2009 - 12:35PM
Marketwired
Modern Technology Corporation (PINKSHEETS: MODC) announced today it
has received initial orders for the OEM version of its EC-1 series
of Emission Control Systems for internal combustion and power
generation systems. The systems will be fitted to biofuel powered
generator systems for emission control and testing. The
manufacturer has committed further orders of the EC-1 system for
all its power systems upon the conclusion of its initial OEM
integration testing.
The OEM EC-1 is designed for the reduction and elimination of
emission created by any internal combustion engine. Primary
applications include motor vehicles and stationary power generation
systems. The EC-1 creates hydrogen fuel on-demand causing a more
complete and cleaner burn inside the engine.
The OEM version of the emissions control system is available
immediately. Parties interested in ordering the system or becoming
a distributor are asked to inquire at oem-emissions@genh.us
The Company intends to market its OEM EC-1 systems through power
system manufacturers and installers, national parts distributors,
regional direct distribution through local partners, and
international distribution through various supply partners.
Investors can expect further updates on the following:
-- Improved online order entry and shipping application to handle
distributors and customer orders
-- New distributor and applications for the OEM EC-1 for Electrical Power
Generation using multi-fuel
-- New emissions control target markets and international partners for
distribution
-- Licensing agreements for OEM emission and fuel efficiency enhancements
for biofuel generators
-- New product manufacturing and shipping facilities will be announced
-- Anticipated additional portfolio acquisitions adding revenues of $5-
$15 million dollars
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 and PinkSheets filings contain various disclosures and RISK
FACTORS (incorporated herein by reference) and should be read
before any investment decision.
Contact: Modern Technology Corporation Investor Relations
1.954.727.5468
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