OXFORD, Miss., Jan. 30 /PRNewswire-FirstCall/ -- Anthony Welch, Chairman of Modern Technology Corporation (Pink Sheets: MODC) (http://www.moderntechnologycorp.com) was interviewed by WallSt.net and updated the investment community on its LOI to acquire Encore Energy Systems (Pink Sheets: ENCS) (http://www.encoreenergyinc.com).

To hear the interview in its entirety, visit http://www.wallst.net and click on "Interviews." The interview can be accessed either by locating the company's ticker symbol under the appropriate exchange at the top of the "Interviews" section of the site or by entering the company's ticker symbol in the Search Archive window.

About Modern Technology Corp:

Modern Technology Corp is a specialized holding company focusing on the purchase of convertible debt instruments and majority control of public companies for execution of a 'turn-around' strategy and subsequent spin-off. The company builds revenues and asset value through a model of continuous growth-by-acquisition and income derived from the sales of stock obtained from its portfolio of securities. The company's goal is to provide cash and stock dividends derived from its sale of securities and spin-off transactions to its stockholders as frequently as practicable. The most recent disclosures and information on the company can be found at http://www.pinksheets.com. The company's web address is: http://www.moderntechnologycorp.com.

Contact: Investor Relations


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SOURCE Modern Technology Corporation