Modern Technology Corp. Subsidiary, Sound City, Opens New Retail Location and Appoints New General Manager

Modern Technology Corp. (OTC BB: MOTG) (OTC BB: MOTGE), a diversified technology development and acquisition company, announced today its subsidiary, Sound City, has opened its new retail location and appointed a new General Manager for that location. This new store opening increases the company's retail exposure and prepares the organization for strong seasonal sales.

Bill McInerney was appointed as the General Manager for Sound City Inc in Franklin, N.J. He has over 14 years experience in the live sound touring and installation industry. Most recently, Mr. McInerney served as the National Sales Manager for Crest Audio, where he brought to fruition a number of high-profile sound reinforcement installations in the US, including the convention center at the Mandalay Bay Casino and Hotel in Las Vegas and a series of prestigious live sound venues and night clubs in Hollywood, CA, and the New York/New Jersey Metro area. Mr. McInerney previously acted as the Sales Manager of Guitar Center, the number one retail firm for Music, recording and instruments in the United States. Bill is a seasoned professional with a thorough understanding of industry dynamics. His years of experience in the pro audio/video field will help him make valuable contributions to our growth as well as meeting the needs of our customers and underscoring Sound City's commitment to providing the ultimate service and support for the company's range of high-quality audio and video products.

Anthony Welch, Modern Technology Corp.'s Chairman, said, "As promised in prior news releases, we now fulfill that promise with the opening of the new store. This new store enhances our retail presence and demonstrates our commitment to continuous growth. This new store is expected to be a strong addition to our revenue generation capability. We anticipate releasing more exciting news shortly on our efforts."

This guidance is the company's best, good faith estimate based on current conditions and numerous assumptions about the company's industry, its access to financing, the competitive and regulatory landscape and its ability to successfully consummate the acquisitions under consideration.

About Modern Technology Corp.

Founded in 1982, Modern Technology Corp. is a diversified technology development and acquisition company, building revenues by strategic acquisition and commercialization of nascent commercial technology and by the acquisition of synergistic operating companies. MOTG commercializes technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to consistently build shareholder value through accretive acquisitions of emerging technology or acquiring operating companies capable of benefiting from technology infrastructure enhancements or new product lines. For more information, visit: http://www.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.

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