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Modern Technology Corp (MODC.OB) Signs Letter Of Intent To Acquire Boveran, Holding The World's Most Accurate Cancer Detection System



10/2/2006 1:03:26 PM

OXFORD, Miss., Oct. 2, 2006 (PRIMEZONE) -- Modern Technology Corp (OTCBB:MODC), a diversified technology development and acquisition company, today announced its subsidiary, Insight Medical Group, has signed a Letter of Intent to acquire 100% of the assets and intellectual and technology rights to the Boveran iCyte cancer detection system. Insight Medical Group will be the operational arm bringing this technology to a multi-billion dollar international market.

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