Modern Technology Cp (MODC)

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Press Release Source: Modern Technology Corp


Modern Technology Corp Introduces C3 Funding Solution for CleanTech Entrepreneurs
Wednesday December 2, 9:00 am ET


RENO, NV--(Marketwire - 12/02/09) - Modern Technology Corporation (Pinksheets:MODC - News) announced today the establishment of its groundbreaking CleanTech Commercialization Catalyst (C3) Program design to further the commercialization of promising CleanTech technologies.
The C3 Program provides the knowledge, know-how and working capital to help turn ideas into successful ventures and successful products. Our management team and network of specialized business and technology professionals as well as our suppliers all have the necessary skills, experience and knowledge to successfully solve complex and challenging problems and to deliver successful solutions.

Commercializing CleanTech innovations is inherently a high-risk endeavor. The difficulty of attracting investors to support an imperfectly understood, as yet-to-be-developed innovation is especially daunting. The term, "Valley of Death," has come to describe this challenging transition when a developing technology is deemed promising, but too new to validate its commercial potential and thereby attract the capital necessary for its development. Lacking the capital to develop an idea sufficiently to attract investors, many promising ideas and firms perish.

MODC's C3 Program includes:




-- Initial technical due diligence
-- Initial market due diligence
-- Strategy and business plan development
-- Business model development
-- Financial advisory
-- Attract external investment
-- Making introductions to investors
-- Intellectual property protection
-- Team profiling and building
-- Business mentors
-- Market research
-- Market entry strategies
-- Product development and engineering
-- Assistance with scale-up for manufacture
-- Sales and marketing
-- Project management
-- Licensing advice


In addition, qualifying companies/technologies may qualify for MODC's Funding Catalyst Working Capital Program.

The Company will be accepting business proposals from interested parties online commencing upon the completion of its new website.

About Modern Technology Corp

MODC mission is to stimulate the development and success of early-stage companies who will provide the next generation of clean, renewable, and efficient energy technology. MODC, through its C3 Program, will help companies assemble solid management teams, secure adequate funding, and accelerate the commercialization of sound product ideas into the market. Through this mission, MODC will create jobs, new products to help society be more sustainable and a return to its shareholders.

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:

CONTACT:
Modern Technology Corporation
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