To: rrm_bcnu who wrote (104 ) 3/22/2006 6:38:53 PM From: rrufff Read Replies (1) | Respond to of 110 MOTG: Modern Technology Corp. Estimates 300% Revenue Growth Over Same Period Compared to Prior Year Monday March 20, 3:06 pm ET OXFORD, MS--(MARKET WIRE)--Mar 20, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News), a diversified technology development and acquisition company, announced today it estimates revenues for the three-months ending March 31, 2006 to be approximately $4,620,000, or an approximate 300% increase over the same period last year which reported revenues of $1,547,793 for the three months ending March 31, 2005. Anthony Welch, Modern Technology Corp's Chairman, said, "As we have committed, we deliver. Our model of continuous growth brings us closer to true economies of scale and higher earnings potential for 2006. We are poised for impressive results even without further acquisitions. Fortunately, we have acquisitions under consideration now, that if completed, will place us above $65,000,000 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: 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: Company Contact: Megan Peterson 1.662.236.5928 Modern Technology Corp 1420 North Lamar Blvd. Oxford, MS 38655 USA Phone: +1.662.236.5928 Fax: +1.662.236.7663 Web: moderntechnologycorp.com