Modern Technology Corp Begins Shipping Its Gen-H Hydrogen Generators and Injection Systems and Anticipates New

OXFORD, MS, Jan 12 (MARKET WIRE) --
Modern Technology Corporation (PINKSHEETS: MODC) announced today the
general availability of its Gen-H On-Demand Hydrogen Generator.

The Gen-H system delivers increased fuel economy between 10% and 50%,
based on the vehicle and driving conditions. 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 Gen-H system can be retrofitted to
any year or make of vehicle, including large commercial trucks.

The Gen-H range of technologies enable water-as-fuel and hydrogen based
fuel systems and related power generation technologies. Target markets
include retrofitting internal combustion engines with proprietary hydrogen
generator and fuel enhancement technology.

The Company's pro forma revenues for the period ending September 30, 2008
were $24,050,155. Year-End 2008 revenues will be soon released.

MODC has additional profitable portfolio targets under review. Should
these acquisitions occur, revenues will be increased another $5-$15
million dollars.

MODC will soon release news on advances its cancer detection technology,
new energy-related initiatives, as well as updates on its existing
operations.

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

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